Quarterly report pursuant to Section 13 or 15(d)

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

v3.24.2.u1
Equity and Mezzanine Equity - Schedule of Changes in Stockholders' Equity (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stockholders' equity, beginning balance     $ 153,280    
Comprehensive income $ 470 $ 8,025 5,888 $ 2,130  
Reclassification into interest expense (8) (264) (113) (527)  
Net income (loss) 1,600 (4,588) 5,125 (1,420)  
Stockholders' equity, ending balance 145,707   145,707    
Total Equity 145,821 183,723 145,821 183,723 $ 154,266
Common Stock          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stockholders' equity, beginning balance 40 40 40 39  
Issuance of common stock and preferred stock, net 1 0 1 1  
Repurchase of common stock, net 0 (1) 0 (1)  
Stockholders' equity, ending balance 41 39 41 39  
Common Stock | Senior Common Stock          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stockholders' equity, beginning balance 1 1 1 1  
Issuance of common stock and preferred stock, net 0 0 0 0  
Stockholders' equity, ending balance 1 1 1 1  
Series F Preferred Stock | Series F Preferred Stock          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stockholders' equity, beginning balance 1 1 1 1  
Issuance of common stock and preferred stock, net 0 0 0 0  
Redemption of preferred stock, net 0 0 0 0  
Stockholders' equity, ending balance 1 1 1 1  
Additional Paid in Capital          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stockholders' equity, beginning balance 730,465 725,874 730,256 721,327  
Issuance of common stock and preferred stock, net 10,648 1,651 10,845 6,036  
Repurchase of common stock, net 0 998 0 998  
Redemption of preferred stock, net 255 131 310 217  
Redemption of OP Units 3,865 0 3,865 0  
Retirement of senior common stock, net 0 0 0 52  
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership (3,119) (74) (3,162) (50)  
Stockholders' equity, ending balance 742,114 728,580 742,114 728,580  
Accumulated Other Comprehensive Income          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stockholders' equity, beginning balance 13,281 6,008 7,758 11,640  
Comprehensive income 470 8,025 5,888 2,130  
Reclassification into interest expense 8 264 113 527  
Stockholders' equity, ending balance 13,759 14,297 13,759 14,297  
Distributions in Excess of Accumulated Earnings          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stockholders' equity, beginning balance (596,475) (541,042) (584,776) (529,104)  
Distributions declared to common, senior common, and preferred stockholders (15,341) (15,156) (30,560) (30,265)  
Net income (loss) 1,611 (4,515) 5,134 (1,339)  
Stockholders' equity, ending balance (610,209) (560,719) (610,209) (560,719)  
Distributions in Excess of Accumulated Earnings | Series F Preferred Stock          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Redemption of preferred stock, net (4) (6) (7) (11)  
Total Stockholders' Equity          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stockholders' equity, beginning balance 147,313 190,882 153,280 203,904  
Issuance of common stock and preferred stock, net 10,649 1,651 10,846 6,037  
Repurchase of common stock, net 0 997 0 997  
Redemption of OP Units 3,865 0 3,865 0  
Retirement of senior common stock, net 0 0 0 52  
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership (3,119) (74) (3,162) (50)  
Comprehensive income 470 8,025 5,888 2,130  
Reclassification into interest expense 8 264 113 527  
Distributions declared to common, senior common, and preferred stockholders (15,341) (15,156) (30,560) (30,265)  
Net income (loss) 1,611 (4,515) 5,134 (1,339)  
Stockholders' equity, ending balance 145,707 182,199 145,707 182,199  
Total Stockholders' Equity | Series F Preferred Stock          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Redemption of preferred stock, net 251 125 303 206  
Non-Controlling Interest          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stockholders' equity, beginning balance 938 1,641 986 1,790  
Redemption of OP Units (3,865) 0 (3,865) 0  
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership 3,119 74 3,162 50  
Distributions declared to common, senior common, and preferred stockholders (67) (118) (160) (235)  
Net income (loss) (11) (73) (9) (81)  
Stockholders' equity, ending balance $ 114 $ 1,524 $ 114 $ 1,524