v3.26.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Total Shareholders’ Equity
Common Shares
Additional Paid-In Capital
Cumulative Distributions
Accumulated Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interests
Beginning balance (in shares) at Dec. 31, 2024     36,733,327          
Beginning balance at Dec. 31, 2024 $ 1,152,022 $ 1,085,221 $ 37 $ 3,016,804 $ (1,109,215) $ (838,279) $ 15,874 $ 66,801
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Share-based compensation (in shares)     19,975          
Share-based compensation 1,452 1,452   1,452        
Shares withheld to satisfy employee tax withholding requirements on vesting restricted shares (in shares)     (9,673)          
Shares withheld to satisfy employee tax withholding requirements on vesting restricted shares (113) (113)   (113)        
Dividends declared to common shareholders (8,410) (8,410)     (8,410)      
Exchange of noncontrolling interests (in shares)     18,541          
Exchange of noncontrolling interests 0 1,560   1,560       (1,560)
Distributions to noncontrolling interest (668)             (668)
Net loss (53,401) (49,382)       (49,382)   (4,019)
Other comprehensive income (loss) (12,086) (11,176)         (11,176) (910)
Ending balance (in shares) at Mar. 31, 2025     36,762,170          
Ending balance at Mar. 31, 2025 $ 1,078,796 1,019,152 $ 37 3,019,703 (1,117,625) (887,661) 4,698 59,644
Beginning balance (in shares) at Dec. 31, 2025 37,176,167   37,176,167          
Beginning balance at Dec. 31, 2025 $ 778,703 745,425 $ 37 3,025,954 (1,133,542) (1,145,986) (1,038) 33,278
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Share-based compensation (in shares)     6,013          
Share-based compensation 1,484 1,484   1,484        
Shares withheld to satisfy employee tax withholding requirements on vesting restricted shares (in shares)     (2,424)          
Shares withheld to satisfy employee tax withholding requirements on vesting restricted shares (50) (50)   (50)        
Exchange of noncontrolling interests (in shares)     7,603          
Exchange of noncontrolling interests 0 93   93       (93)
Distributions to noncontrolling interest 0              
Net loss (18,777) (17,493)       (17,493)   (1,284)
Other comprehensive income (loss) $ 1,966 1,832         1,832 134
Ending balance (in shares) at Mar. 31, 2026 37,187,359   37,187,359          
Ending balance at Mar. 31, 2026 $ 763,326 $ 731,291 $ 37 $ 3,027,481 $ (1,133,542) $ (1,163,479) $ 794 $ 32,035