v3.26.1
Stockholders’ Equity (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Preferred Stock
At June 30, 2026 and December 31, 2025, we had the following series of Cumulative Preferred Shares (“Preferred Stock”) outstanding (dollars in thousands):
June 30, 2026December 31, 2025
SeriesEarliest Redemption DateDividend RateShares OutstandingLiquidation PreferenceShares OutstandingLiquidation Preference
Series BNovember 13, 20225.875 %3,000,000 $75,000 3,000,000 $75,000 
Series CSeptember 20, 20245.625 %3,450,000 86,250 3,450,000 86,250 
Total Preferred Shares6,450,000 $161,250 6,450,000 $161,250 
Summary of the Components of Changes in Accumulated Other Comprehensive Loss
The following table summarizes the changes in our AOCI balance for the three and six months ended June 30, 2026 and 2025, which consists solely of adjustments related to our cash flow hedges (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Accumulated other comprehensive income (loss) - beginning balance$2,887 $3,582 $(422)$6,746 
Other comprehensive income (loss) before reclassifications
5,515 (1,077)9,770 (2,846)
Amounts reclassified from accumulated other comprehensive income (loss) to interest expense(746)(1,507)(1,567)(3,023)
Net current period other comprehensive income (loss)
4,769 (2,584)8,203 (5,869)
Less: other comprehensive (income) loss attributable to noncontrolling interests
(183)94 (308)215 
Other comprehensive income (loss) attributable to common stockholders
4,586 (2,490)7,895 (5,654)
Accumulated other comprehensive income - ending balance
$7,473 $1,092 $7,473 $1,092