Quarterly report pursuant to Section 13 or 15(d)

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

v3.24.3
Equity and Mezzanine Equity - Schedule of Changes in Stockholders' Equity (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Balance, beginning of period     $ 153,280    
Comprehensive income $ (10,456) $ 5,089 (4,568) $ 7,218  
Reclassification into interest expense (62) (409) (175) (937)  
Net income 11,721 1,792 16,843 370  
Balance, end of period 168,917   168,917    
Total Equity 169,046 176,586 169,046 176,586 $ 154,266
Total Stockholders' Equity          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Balance, beginning of period 145,707 182,199 153,280 203,904  
Issuance of common stock and preferred stock, net 37,068 690 47,914 6,726  
Repurchase of common stock, net 0 0 0 997  
Redemption of OP Units 0 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 17 (53) (3,145) (103)  
Comprehensive income (10,456) 5,089 (4,568) 7,218  
Reclassification into interest expense 62 409 175 937  
Distributions declared to common, senior common, and preferred stockholders (16,168) (15,182) (46,726) (45,445)  
Net income 11,677 1,789 16,808 448  
Balance, end of period 168,917 175,123 168,917 175,123  
Total Stockholders' Equity | Series F Preferred Stock          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Redemption of preferred stock, net 1,010 182 1,314 389  
Common Stock          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Balance, beginning of period 41 39 40 39  
Issuance of common stock and preferred stock, net 2 0 3 1  
Repurchase of common stock, net 0 0 0 (1)  
Balance, end of period 43 39 43 39  
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  
Series F 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 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 742,114 728,580 730,256 721,327  
Issuance of common stock and preferred stock, net 37,066 690 47,911 6,725  
Repurchase of common stock, net 0 0 0 998  
Redemption of preferred stock, net 1,008 183 1,318 401  
Redemption of OP Units 0 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 17 (53) (3,145) (103)  
Balance, end of period 780,205 729,400 780,205 729,400  
Accumulated Other Comprehensive Income          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Balance, beginning of period 13,759 14,297 7,758 11,640  
Comprehensive income (10,456) 5,089 (4,568) 7,218  
Reclassification into interest expense 62 409 175 937  
Balance, end of period 3,365 19,795 3,365 19,795  
Distributions in Excess of Accumulated Earnings          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Balance, beginning of period (610,209) (560,719) (584,776) (529,104)  
Distributions declared to common, senior common, and preferred stockholders (16,168) (15,182) (46,726) (45,445)  
Net income 11,677 1,789 16,808 448  
Balance, end of period (614,698) (574,113) (614,698) (574,113)  
Distributions in Excess of Accumulated Earnings | Series F Preferred Stock          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Redemption of preferred stock, net 2 (1) (4) (12)  
Non-Controlling Interest          
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Balance, beginning of period 114 1,524 986 1,790  
Redemption of OP Units 0 0 (3,865) 0  
Adjustment to OP Units held by Non-controlling OP Unitholders resulting from changes in ownership of the Operating Partnership (17) 53 3,145 103  
Distributions declared to common, senior common, and preferred stockholders (12) (117) (172) (352)  
Net income 44 3 35 (78)  
Balance, end of period $ 129 $ 1,463 $ 129 $ 1,463