v3.26.1
Condensed Consolidated Statements of Changes in Equity and Redeemable Non-controlling Interests - USD ($)
$ in Thousands
Total
Stockholders’ Equity
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Comprehensive Income (Loss)
Accumulated Deficit and Distributions
Non-controlling Interests
Beginning balance at Dec. 31, 2024 $ 50,219              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value 1,314              
Preferred dividends and distributions (1,314)              
Ending balance at Jun. 30, 2025 $ 50,219              
Beginning preferred shares outstanding (in shares) at Dec. 31, 2024     10,400,000          
Beginning shares of Common Stock outstanding (in shares) at Dec. 31, 2024 108,435,663     108,435,663        
Beginning balance at Dec. 31, 2024 $ 1,334,827 $ 909,545 $ 104 $ 1,084 $ 1,246,225 $ 9,173 $ (347,041) $ 425,282
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value (1,314) (1,314)         (1,314)  
Contributions by non-controlling interest in joint venture $ 754             754
Common stock redemption of common units (in shares) 2,923,797     2,923,797        
Common stock redemption of common units $ 0 26,906   $ 29 26,618 259   (26,906)
Repurchase of common shares (in shares) (3,585,179)     (3,585,179)        
Repurchase of common shares $ (15,402) (15,402)   $ (36) (15,366)      
Dividends and distributions on common stock and common units (19,752) (17,542)         (17,542) (2,210)
Preferred dividends and distributions (8,088) (7,938)         (7,938) (150)
Joint venture partner distributions $ (11,605)             (11,605)
Equity-based compensation (in shares) (182,711)              
Equity-based compensation (in shares)       1,276,610        
Equity-based compensation $ 4,705 4,705   $ 13 4,692      
Shares of common stock acquired for employee withholding requirements (in shares) (239,383)     (239,383)        
Shares of common stock acquired for employee withholding requirements $ (1,586) (1,586)   $ (2) (1,584)      
Other comprehensive income (loss) (6,085) (5,032)       (5,032)   (1,053)
Net income (loss) 2,660 2,956         2,956 (296)
Other $ (152) (152)     (152)      
Ending preferred shares outstanding (in shares) at Jun. 30, 2025     10,400,000          
Ending shares of Common Stock outstanding (in shares) at Jun. 30, 2025 108,811,508     108,811,508        
Ending balance at Jun. 30, 2025 $ 1,278,962 895,146 $ 104 $ 1,088 1,260,433 4,400 (370,879) 383,816
Beginning balance at Mar. 31, 2025 50,219              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value 657              
Preferred dividends and distributions (657)              
Ending balance at Jun. 30, 2025 50,219              
Beginning preferred shares outstanding (in shares) at Mar. 31, 2025     10,400,000          
Beginning shares of Common Stock outstanding (in shares) at Mar. 31, 2025       112,221,768        
Beginning balance at Mar. 31, 2025 1,317,618 920,439 $ 104 $ 1,122 1,273,164 6,453 (360,404) 397,179
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value (657) (657)         (657)  
Contributions by non-controlling interest in joint venture 343             343
Repurchase of common shares (in shares)       (3,585,179)        
Repurchase of common shares (15,402) (15,402)   $ (36) (15,366)      
Dividends and distributions on common stock and common units (9,904) (8,863)         (8,863) (1,041)
Preferred dividends and distributions (4,118) (3,968)         (3,968) (150)
Joint venture partner distributions (11,174)             (11,174)
Equity-based compensation (in shares)       175,154        
Equity-based compensation 2,789 2,789   $ 2 2,787      
Shares of common stock acquired for employee withholding requirements (in shares)       (235)        
Other comprehensive income (loss) (2,418) (2,053)       (2,053)   (365)
Net income (loss) 2,037 3,013         3,013 (976)
Other $ (152) (152)     (152)      
Ending preferred shares outstanding (in shares) at Jun. 30, 2025     10,400,000          
Ending shares of Common Stock outstanding (in shares) at Jun. 30, 2025 108,811,508     108,811,508        
Ending balance at Jun. 30, 2025 $ 1,278,962 895,146 $ 104 $ 1,088 1,260,433 4,400 (370,879) 383,816
Beginning balance at Dec. 31, 2025 50,219              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value 1,314              
Preferred dividends and distributions (1,314)              
Ending balance at Jun. 30, 2026 $ 50,219              
Beginning preferred shares outstanding (in shares) at Dec. 31, 2025     10,400,000          
Beginning shares of Common Stock outstanding (in shares) at Dec. 31, 2025 108,798,686     108,798,686        
Beginning balance at Dec. 31, 2025 $ 1,223,752 862,155 $ 104 $ 1,088 1,264,470 2,115 (405,622) 361,597
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value $ (1,314) (1,314)         (1,314)  
Common stock redemption of common units (in shares) 0              
Repurchase of common shares (in shares) (1,481,959)     (1,481,959)        
Repurchase of common shares $ (6,181) (6,181)   $ (14) (6,167)      
Dividends and distributions on common stock and common units (18,934) (16,852)         (16,852) (2,082)
Preferred dividends and distributions (8,051) (7,938)         (7,938) (113)
Joint venture partner distributions $ (10,499)             (10,499)
Equity-based compensation (in shares) (1,093,605)              
Equity-based compensation (in shares)       753,650        
Equity-based compensation $ 3,427 3,427   $ 8 3,419      
Shares of common stock acquired for employee withholding requirements (in shares) (216,360)     (216,360)        
Shares of common stock acquired for employee withholding requirements $ (894) (894)   $ (3) (891)      
Other comprehensive income (loss) 6,233 4,191       4,191   2,042
Net income (loss) 3,822 2,678         2,678 1,144
Other $ (325) (325)     (325)      
Ending preferred shares outstanding (in shares) at Jun. 30, 2026     10,400,000          
Ending shares of Common Stock outstanding (in shares) at Jun. 30, 2026 107,854,017     107,854,017        
Ending balance at Jun. 30, 2026 $ 1,191,036 838,947 $ 104 $ 1,079 1,260,506 6,306 (429,048) 352,089
Beginning balance at Mar. 31, 2026 50,219              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value 657              
Preferred dividends and distributions (657)              
Ending balance at Jun. 30, 2026 50,219              
Beginning preferred shares outstanding (in shares) at Mar. 31, 2026     10,400,000          
Beginning shares of Common Stock outstanding (in shares) at Mar. 31, 2026       108,414,307        
Beginning balance at Mar. 31, 2026 1,199,401 840,406 $ 104 $ 1,084 1,259,345 4,265 (424,392) 358,995
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value $ (657) (657)         (657)  
Repurchase of common shares (in shares) (48,936)     (48,936)        
Repurchase of common shares $ (208) (208)     (208)      
Dividends and distributions on common stock and common units (9,564) (8,523)         (8,523) (1,041)
Preferred dividends and distributions (4,081) (3,968)         (3,968) (113)
Joint venture partner distributions (7,957)             (7,957)
Equity-based compensation (in shares)       (511,354)        
Equity based compensation (1,426) 1,426   $ (5) 1,431      
Other comprehensive income (loss) 3,003 2,041       2,041   962
Net income (loss) 9,735 8,492         8,492 1,243
Other $ (62) (62)     (62)      
Ending preferred shares outstanding (in shares) at Jun. 30, 2026     10,400,000          
Ending shares of Common Stock outstanding (in shares) at Jun. 30, 2026 107,854,017     107,854,017        
Ending balance at Jun. 30, 2026 $ 1,191,036 $ 838,947 $ 104 $ 1,079 $ 1,260,506 $ 6,306 $ (429,048) $ 352,089