v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common Shares
Additional Paid In Capital
Cumulative Net Income
Cumulative Distributions
Beginning balance (in shares) at Dec. 31, 2024   14,903,000      
Beginning balance at Dec. 31, 2024 $ 269,278 $ 15 $ 240,425 $ 89,480 $ (60,642)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Share grants (in shares)   5,000      
Share grants 356   356    
Share repurchases (in shares)   (1,000)      
Share repurchases (5)   (5)    
Net income 4,532     4,532  
Distributions (5,216)       (5,216)
Ending balance (in shares) at Mar. 31, 2025   14,907,000      
Ending balance at Mar. 31, 2025 $ 268,945 $ 15 240,776 94,012 (65,858)
Beginning balance (in shares) at Dec. 31, 2025 22,584,285 22,584,000      
Beginning balance at Dec. 31, 2025 $ 328,651 $ 23 303,191 104,914 (79,477)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of shares, net (in shares)   13,000      
Issuance of shares, net 73   73    
Share grants $ 207   207    
Share repurchases (in shares) (814) (1,000)      
Share repurchases $ (7)   (7)    
Net income 4,385     4,385  
Distributions $ (6,327)       (6,327)
Ending balance (in shares) at Mar. 31, 2026 22,596,077 22,596,000      
Ending balance at Mar. 31, 2026 $ 326,982 $ 23 $ 303,464 $ 109,299 $ (85,804)