Quarterly report [Sections 13 or 15(d)]

Equity and Mezzanine Equity - Schedule of Changes in Stockholders' Equity (Details)

v3.25.3
Equity and Mezzanine Equity - Schedule of Changes in Stockholders' Equity (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period     $ 171,301  
Comprehensive loss $ (604) $ (10,456) (6,964) $ (4,568)
Reclassification into interest expense 0 (62) (15) (175)
Net income 4,137 11,721 13,908 16,843 [1]
Balance, end of period 184,958 169,046 184,958 169,046
Total Stockholders' Equity        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period 177,191 145,707 171,171 153,280
Issuance of common stock and preferred stock, net 19,679 37,068 53,564 47,914
Redemption of OP Units 0 0 0 3,865
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership (14) 17 (34) (3,145)
Comprehensive loss (604) (10,456) (6,964) (4,568)
Reclassification into interest expense 0 62 15 175
Distributions declared to common, senior common, and preferred stockholders (17,231) (16,168) (50,882) (46,726)
Net income 4,136 11,677 13,904 16,808
Balance, end of period 184,826 168,917 184,826 168,917
Total Stockholders' Equity | Series F Preferred Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Redemption of Series F preferred stock, net 1,669 1,010 4,052 1,314
Common Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period 46 41 44 40
Issuance of common stock and preferred stock, net 2 2 4 3
Balance, end of period 48 43 48 43
Common Stock | Senior Common Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period 1 1 1 1
Issuance of common stock and preferred stock, net 0 0 0 0
Balance, end of period 1 1 1 1
Preferred Stock | Series F Preferred Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period 1 1 1 1
Issuance of common stock and preferred stock, net 0 0 0 0
Redemption of Series F preferred stock, net 0 0 0 0
Balance, end of period 1 1 1 1
Additional Paid in Capital        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period 820,634 742,114 784,389 730,256
Issuance of common stock and preferred stock, net 19,677 37,066 53,560 47,911
Redemption of OP Units 0 0 0 3,865
Redemption of Series F preferred stock, net 1,663 1,008 4,045 1,318
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership (14) 17 (34) (3,145)
Balance, end of period 841,960 780,205 841,960 780,205
Accumulated Other Comprehensive Income        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period 4,303 13,759 10,648 7,758
Comprehensive loss (604) (10,456) (6,964) (4,568)
Reclassification into interest expense 0 62 15 175
Balance, end of period 3,699 3,365 3,699 3,365
Distributions in Excess of Accumulated Earnings        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period (647,794) (610,209) (623,912) (584,776)
Distributions declared to common, senior common, and preferred stockholders (17,231) (16,168) (50,882) (46,726)
Net income 4,136 11,677 13,904 16,808
Balance, end of period (660,883) (614,698) (660,883) (614,698)
Distributions in Excess of Accumulated Earnings | Series F Preferred Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Redemption of Series F preferred stock, net 6 2 7 (4)
Non-Controlling Interest        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance, beginning of period 130 114 130 986
Redemption of OP Units 0 0 0 (3,865)
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership 14 (17) 34 3,145
Distributions declared to common, senior common, and preferred stockholders (13) (12) (36) (172)
Net income 1 44 4 35
Balance, end of period $ 132 $ 129 $ 132 $ 129
[1] Prior period conformed to current presentation.