v3.26.1
Condensed Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Total Stockholders’ Equity
Common stock
Additional Paid-in Capital
Distributions in Excess of Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2024     81,602,232        
Beginning balance at Dec. 31, 2024 $ 1,338,132 $ 1,330,971 $ 816 $ 1,507,995 $ (188,046) $ 10,206 $ 7,161
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Dividends and distributions declared on common stock and OP Units (17,246) (17,157)     (17,157)   (89)
Dividends declared on restricted stock, net (181) (181)     (181)    
Vesting of restricted stock units (in shares)     136,338        
Vesting of restricted stock units 0   $ 1 (1)      
Repurchase of common stock for tax withholding obligations (in shares)     (39,661)        
Repurchase of common stock for tax withholding obligations (573) (573)   (573)      
Stock-based compensation, net 1,557 1,557   1,388 169    
Other comprehensive income (9,864) (9,813)       (9,813) (51)
Net income 1,700 1,691     1,691   9
Ending balance (in shares) at Mar. 31, 2025     81,698,909        
Ending balance at Mar. 31, 2025 1,313,525 1,306,495 $ 817 1,508,809 (203,524) 393 7,030
Beginning balance (in shares) at Dec. 31, 2024     81,602,232        
Beginning balance at Dec. 31, 2024 1,338,132 1,330,971 $ 816 1,507,995 (188,046) 10,206 7,161
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 4,989            
Ending balance (in shares) at Jun. 30, 2025     83,465,051        
Ending balance at Jun. 30, 2025 1,323,545 1,316,616 $ 835 1,538,592 (217,589) (5,222) 6,929
Beginning balance (in shares) at Mar. 31, 2025     81,698,909        
Beginning balance at Mar. 31, 2025 1,313,525 1,306,495 $ 817 1,508,809 (203,524) 393 7,030
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of stock (in shares)     1,757,815        
Issuance of stock 28,352 28,352 $ 18 28,334      
Dividends and distributions declared on common stock and OP Units (17,248) (17,159)     (17,159)   (89)
Dividends declared on restricted stock, net (178) (178)     (178)    
Vesting of restricted stock units (in shares)     13,096        
Vesting of restricted stock units 0   $ 0 0      
Repurchase of common stock for tax withholding obligations (in shares)     (4,769)        
Repurchase of common stock for tax withholding obligations (72) (72)   (72)      
Stock-based compensation, net 1,521 1,521   1,521      
Other comprehensive income (5,644) (5,615)       (5,615) (29)
Net income 3,289 3,272     3,272   17
Ending balance (in shares) at Jun. 30, 2025     83,465,051        
Ending balance at Jun. 30, 2025 1,323,545 1,316,616 $ 835 1,538,592 (217,589) (5,222) 6,929
Beginning balance (in shares) at Dec. 31, 2025     93,070,533        
Beginning balance at Dec. 31, 2025 1,452,566 1,446,012 $ 931 1,701,572 (251,926) (4,565) 6,554
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of stock (in shares)     4,000,000        
Issuance of stock 67,793 67,793 $ 40 67,753      
OP Units converted to common stock (in shares)     9,965        
OP Units converted to common stock 0 158   158     (158)
Dividends and distributions declared on common stock and OP Units (21,513) (21,396)     (21,396)   (117)
Dividends declared on restricted stock, net (150) (150)     (150)    
Vesting of restricted stock units (in shares)     255,868        
Vesting of restricted stock units 0   $ 3 (3)      
Repurchase of common stock for tax withholding obligations (in shares)     (82,843)        
Repurchase of common stock for tax withholding obligations (1,697) (1,697) $ (1) (1,696)      
Stock-based compensation, net 1,733 1,733   1,689 44    
Other comprehensive income 6,978 6,949       6,949 29
Net income 5,711 5,687     5,687   24
Ending balance (in shares) at Mar. 31, 2026     97,253,523        
Ending balance at Mar. 31, 2026 1,511,421 1,505,089 $ 973 1,769,473 (267,741) 2,384 6,332
Beginning balance (in shares) at Dec. 31, 2025     93,070,533        
Beginning balance at Dec. 31, 2025 1,452,566 1,446,012 $ 931 1,701,572 (251,926) (4,565) 6,554
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
OP Units converted to common stock (in shares)     9,965        
Net income 12,022            
Ending balance (in shares) at Jun. 30, 2026     101,526,575        
Ending balance at Jun. 30, 2026 1,579,592 1,572,420 $ 1,016 1,841,754 (282,998) 12,648 7,172
Beginning balance (in shares) at Mar. 31, 2026     97,253,523        
Beginning balance at Mar. 31, 2026 1,511,421 1,505,089 $ 973 1,769,473 (267,741) 2,384 6,332
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of stock (in shares)     4,264,947        
Issuance of stock 70,676 70,676 $ 43 70,633      
Issuance of OP Units 911           911
Dividends and distributions declared on common stock and OP Units (21,541) (21,398)     (21,398)   (143)
Dividends declared on restricted stock, net (147) (147)     (147)    
Vesting of restricted stock units (in shares)     13,097        
Vesting of restricted stock units 0            
Repurchase of common stock for tax withholding obligations (in shares)     (4,992)        
Repurchase of common stock for tax withholding obligations (101) (101)   (101)      
Stock-based compensation, net 1,755 1,752   1,749 3   3
Other comprehensive income 10,307 10,264       10,264 43
Net income 6,311 6,285     6,285   26
Ending balance (in shares) at Jun. 30, 2026     101,526,575        
Ending balance at Jun. 30, 2026 $ 1,579,592 $ 1,572,420 $ 1,016 $ 1,841,754 $ (282,998) $ 12,648 $ 7,172