v3.26.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Series G Preferred Stock [Member]
Distributions in Excess of Retained Earnings [Member]
Series G Preferred Stock [Member]
Series H Preferred Stock [Member]
Preferred Stock [Member]
Series H Preferred Stock [Member]
Additional Paid-in Capital [Member]
Series H Preferred Stock [Member]
Distributions in Excess of Retained Earnings [Member]
Series H Preferred Stock [Member]
Series I Preferred Stock [Member]
Preferred Stock [Member]
Series I Preferred Stock [Member]
Additional Paid-in Capital [Member]
Series I Preferred Stock [Member]
Distributions in Excess of Retained Earnings [Member]
Series I Preferred Stock [Member]
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Distributions in Excess of Retained Earnings [Member]
Total
Beginning Balance at Dec. 31, 2024                     $ 281,250 $ 2,008 $ 2,395,702 $ (574,940) $ 2,104,020
Beginning Balance (in shares) at Dec. 31, 2024                     11,250,000 200,824,993      
Increase (Decrease) in Stockholders' Equity                              
Amortization of deferred stock compensation                         2,236   2,236
Issuance of restricted common stock, net                       $ 4 (4,282)   (4,278)
Issuance of restricted common stock, net (in shares)                       367,149      
Forfeiture of restricted common stock (in shares)                       (861)      
Common stock distributions and distributions payable                           (17,778) (17,778)
Preferred stock dividends and dividends payable $ (745) $ (745)     $ (1,761) $ (1,761)     $ (1,425) $ (1,425)          
Repurchases of common stock                       $ (8) (8,008)   (8,016)
Repurchases of common stock (in shares)                       (821,771)      
Net income                           5,255 5,255
Ending Balance at Mar. 31, 2025                     $ 281,250 $ 2,004 2,385,648 (591,394) 2,077,508
Ending Balance (in shares) at Mar. 31, 2025                     11,250,000 200,369,510      
Beginning Balance at Dec. 31, 2024                     $ 281,250 $ 2,008 2,395,702 (574,940) 2,104,020
Beginning Balance (in shares) at Dec. 31, 2024                     11,250,000 200,824,993      
Increase (Decrease) in Stockholders' Equity                              
Net income                             16,029
Ending Balance at Jun. 30, 2025                     $ 281,250 $ 1,902 2,298,245 (601,411) 1,979,986
Ending Balance (in shares) at Jun. 30, 2025                     11,250,000 190,170,664      
Beginning Balance at Mar. 31, 2025                     $ 281,250 $ 2,004 2,385,648 (591,394) 2,077,508
Beginning Balance (in shares) at Mar. 31, 2025                     11,250,000 200,369,510      
Increase (Decrease) in Stockholders' Equity                              
Amortization of deferred stock compensation                         2,949   2,949
Issuance of restricted common stock, net                       $ 1 (1)    
Issuance of restricted common stock, net (in shares)                       102,244      
Common stock distributions and distributions payable                           (16,859) (16,859)
Preferred stock dividends and dividends payable (746) (746)     (1,761) (1,761)     (1,425) (1,425)          
Repurchases of common stock                       $ (103) (90,351)   (90,454)
Repurchases of common stock (in shares)                       (10,301,090)      
Net income                           10,774 10,774
Ending Balance at Jun. 30, 2025                     $ 281,250 $ 1,902 2,298,245 (601,411) 1,979,986
Ending Balance (in shares) at Jun. 30, 2025                     11,250,000 190,170,664      
Beginning Balance at Dec. 31, 2025                     $ 279,672 $ 1,897 2,298,398 (635,349) 1,944,618
Beginning Balance (in shares) at Dec. 31, 2025                     11,186,876 189,709,516      
Increase (Decrease) in Stockholders' Equity                              
Amortization of deferred stock compensation                         2,038   2,038
Issuance of restricted common stock, net                       $ 4 (3,409)   (3,405)
Issuance of restricted common stock, net (in shares)                       442,567      
Common stock distributions and distributions payable                           (16,939) (16,939)
Preferred stock dividends and dividends payable (1,077) (1,077)     (1,647) (1,647)     (1,378) (1,378)          
Repurchases of common stock                       $ (31) (29,113)   (29,144)
Repurchases of common stock (in shares)                       (3,184,768)      
Repurchases of preferred stock     $ (6,069) $ 201 820 $ (5,048) $ (3,058) $ 102 680 $ (2,276)          
Repurchases of preferred stock (in shares)     (242,762)       (122,333)                
Net income                           18,557 18,557
Ending Balance at Mar. 31, 2026                     $ 270,545 $ 1,870 2,268,217 (636,333) 1,904,299
Ending Balance (in shares) at Mar. 31, 2026                     10,821,781 186,967,315      
Beginning Balance at Dec. 31, 2025                     $ 279,672 $ 1,897 2,298,398 (635,349) 1,944,618
Beginning Balance (in shares) at Dec. 31, 2025                     11,186,876 189,709,516      
Increase (Decrease) in Stockholders' Equity                              
Repurchases of common stock (in shares)           (571,200)       (809,791)          
Net income                             44,582
Ending Balance at Jun. 30, 2026                     $ 245,148 $ 1,859 2,260,796 (627,031) 1,880,772
Ending Balance (in shares) at Jun. 30, 2026                     9,805,885 185,944,329      
Beginning Balance at Mar. 31, 2026                     $ 270,545 $ 1,870 2,268,217 (636,333) 1,904,299
Beginning Balance (in shares) at Mar. 31, 2026                     10,821,781 186,967,315      
Increase (Decrease) in Stockholders' Equity                              
Amortization of deferred stock compensation                         3,716   3,716
Issuance of restricted common stock, net                       $ 2 (588)   (586)
Issuance of restricted common stock, net (in shares)                       172,339      
Common stock distributions and distributions payable                           (16,677) (16,677)
Preferred stock dividends and dividends payable $ (1,076) $ (1,076)     (1,522) $ (1,522)     (1,133) $ (1,133)          
Repurchases of common stock                       $ (13) (11,395)   (11,408)
Repurchases of common stock (in shares)           (328,438)       (687,458)   (1,195,325)      
Repurchases of preferred stock     $ (8,211) $ 271 $ 1,013 $ (6,927) $ (17,186) $ 575 $ 2,672 $ (13,939)          
Repurchases of preferred stock (in shares)     (328,438)       (687,458)                
Net income                           26,025 26,025
Ending Balance at Jun. 30, 2026                     $ 245,148 $ 1,859 $ 2,260,796 $ (627,031) $ 1,880,772
Ending Balance (in shares) at Jun. 30, 2026                     9,805,885 185,944,329