v3.25.4
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Retained Earnings (Deficit) [Member]
Non-Controlling Interest in Operating Partnership [Member]
Total
Series A Preferred Stock [Member]
Common Stock [Member]
Series A Preferred Stock [Member]
Preferred Stock [Member]
Series A Preferred Stock [Member]
Additional Paid-in Capital [Member]
Series A Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Series A Preferred Stock [Member]
Retained Earnings (Deficit) [Member]
Series A Preferred Stock [Member]
Non-Controlling Interest in Operating Partnership [Member]
Series A Preferred Stock [Member]
Series B Preferred Stock [Member]
Common Stock [Member]
Series B Preferred Stock [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Additional Paid-in Capital [Member]
Series B Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Series B Preferred Stock [Member]
Retained Earnings (Deficit) [Member]
Series B Preferred Stock [Member]
Non-Controlling Interest in Operating Partnership [Member]
Series B Preferred Stock [Member]
Beginning balance at Dec. 31, 2022 $ 239 $ 115,379 $ 344,510 $ (29,104) $ (168,989) $ 3,481 $ 265,516                            
Beginning balance (in shares) at Dec. 31, 2022 23,508,130 4,781,635                                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Issuance of common stock $ 66 $ 0 30,988 0 0 0 31,054                            
Issuance of common stock (in shares) 6,511,839 0                                      
Net Income (Loss) $ 0 $ 0 0 0 (34,794) (661) (35,455)                            
Other Comprehensive Income (loss) 0 0 0 26,559 0 0 26,559                            
LTIP-OP Unit awards 0 0 0 0 0 468 468                            
Distribution paid on LTIP-OP Units 0 0 0 0 0 (389) (389)                            
Common dividends declared 0 0 0 0 (19,527) 0 (19,527)                            
Preferred dividends declared               $ 0 $ 0 $ 0 $ 0 $ (5,728) $ 0 $ (5,728) $ 0 $ 0 $ 0 $ 0 $ (4,123) $ 0 $ (4,123)
Ending balance at Dec. 31, 2023 $ 305 $ 115,379 375,498 (2,545) (233,161) 2,899 258,375                            
Ending balance (in shares) at Dec. 31, 2023 30,019,969 4,781,635                                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Issuance of common stock $ 17 $ 0 5,571 0 0 0 5,588                            
Issuance of common stock (in shares) 1,605,104 0                                      
Repurchase and retirement of preferred stock $ 0 $ (9,515) 0 0 77 0 (9,438)                            
Repurchase and retirement of preferred stock (in shares) 0 (395,897)                                      
Redemption of OP units $ 0 $ 0 0 0 0 (9) (9)                            
Net Income (Loss) 0 0 0 0 11,970 240 12,210                            
Other Comprehensive Income (loss) 0 0 0 (4,725) 0 0 (4,725)                            
LTIP-OP Unit awards 0 0 0 0 0 496 496                            
Distribution paid on LTIP-OP Units 0 0 0 0 0 (346) (346)                            
Common dividends declared 0 0 0 0 (18,560) 0 (18,560)                            
Preferred dividends declared               0 0 0 0 (5,728) 0 (5,728) 0 0 0 0 (4,241) 0 (4,241)
Ending balance at Dec. 31, 2024 $ 322 $ 105,864 381,069 (7,270) (249,643) 3,280 $ 233,622                            
Ending balance (in shares) at Dec. 31, 2024 31,625,073 4,385,738         31,625,073                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Issuance of common stock $ 51 $ 0 14,709 0 0 0 $ 14,760                            
Issuance of common stock (in shares) 5,114,465 0                                      
Redemption of OP units $ 0 $ 0 738 0 0 (839) (101)                            
Net Income (Loss) 0 0 0 0 6,828 114 6,942                            
Other Comprehensive Income (loss) 0 0 0 10,939 0 (35) 10,904                            
LTIP-OP Unit awards 0 0 0 0 0 287 287                            
Distribution paid on LTIP-OP Units 0 0 0 0 0 (316) (316)                            
Common dividends declared 0 0 0 0 (17,736) 0 (17,736)                            
Preferred dividends declared               $ 0 $ 0 $ 0 $ 0 $ (5,728) $ 0 $ (5,728) $ 0 $ 0 $ 0 $ 0 $ (4,102) $ 0 $ (4,102)
Ending balance at Dec. 31, 2025 $ 373 $ 105,864 $ 396,516 $ 3,669 $ (270,381) $ 2,491 $ 238,532                            
Ending balance (in shares) at Dec. 31, 2025 36,739,538 4,385,738         36,739,538