v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Total Equity Attributable to Common Shareholders
Common Shares
Additional Paid In Capital
Cumulative Net (Deficit) Income
Cumulative Other Comprehensive (Loss) Income
Cumulative Common Distributions
Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2023     65,843,387          
Beginning balance at Dec. 31, 2023 $ 1,161,779 $ 669,954 $ 658 $ 1,015,777 $ 9,196 $ 10,171 $ (365,848) $ 491,825
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net loss (33,902) (23,403)     (23,403)     (10,499)
Share grants, repurchases and forfeitures (in shares)     (11,857)          
Share grants, repurchases and forfeitures 290 290   290        
Distributions to common shareholders (658) (658)         (658)  
Other comprehensive loss (4,846) (2,958)       (2,958)   (1,888)
Distributions to noncontrolling interest (163)             (163)
Ending balance (in shares) at Mar. 31, 2024     65,831,530          
Ending balance at Mar. 31, 2024 1,122,500 643,225 $ 658 1,016,067 (14,207) 7,213 (366,506) 479,275
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net loss (33,479) (23,175)     (23,175)     (10,304)
Share grants, repurchases and forfeitures (in shares)     160,979          
Share grants, repurchases and forfeitures 915 915 $ 2 913        
Distributions to common shareholders (659) (659)         (659)  
Other comprehensive loss (1,510) (1,978)       (1,978)   468
Ending balance (in shares) at Jun. 30, 2024     65,992,509          
Ending balance at Jun. 30, 2024 $ 1,087,767 618,328 $ 660 1,016,980 (37,382) 5,235 (367,165) 469,439
Beginning balance (in shares) at Dec. 31, 2024 66,144,308   66,144,308          
Beginning balance at Dec. 31, 2024 $ 1,009,330 562,019 $ 661 1,017,382 (86,473) (1,065) (368,486) 447,311
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net loss (31,169) (21,532)     (21,532)     (9,637)
Share grants, repurchases and forfeitures (in shares)     (604)          
Share grants, repurchases and forfeitures 245 245   245        
Distributions to common shareholders (661) (661)         (661)  
Other comprehensive loss (802) (546)       (546)   (256)
Distributions to noncontrolling interest (30)             (30)
Ending balance (in shares) at Mar. 31, 2025     66,143,704          
Ending balance at Mar. 31, 2025 $ 976,913 539,525 $ 661 1,017,627 (108,005) (1,611) (369,147) 437,388
Beginning balance (in shares) at Dec. 31, 2024 66,144,308   66,144,308          
Beginning balance at Dec. 31, 2024 $ 1,009,330 562,019 $ 661 1,017,382 (86,473) (1,065) (368,486) 447,311
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Distributions to common shareholders $ (1,323)              
Ending balance (in shares) at Jun. 30, 2025 66,335,999   66,335,999          
Ending balance at Jun. 30, 2025 $ 947,764 519,114 $ 663 1,018,474 (129,315) (899) (369,809) 428,650
Beginning balance (in shares) at Mar. 31, 2025     66,143,704          
Beginning balance at Mar. 31, 2025 976,913 539,525 $ 661 1,017,627 (108,005) (1,611) (369,147) 437,388
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net loss (30,394) (21,310)     (21,310)     (9,084)
Share grants, repurchases and forfeitures (in shares)     (192,295)          
Share grants, repurchases and forfeitures 849 849 $ 2 847        
Distributions to common shareholders (662) (662)         (662)  
Other comprehensive loss $ 1,058 712       712   346
Ending balance (in shares) at Jun. 30, 2025 66,335,999   66,335,999          
Ending balance at Jun. 30, 2025 $ 947,764 $ 519,114 $ 663 $ 1,018,474 $ (129,315) $ (899) $ (369,809) $ 428,650