v3.26.1
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Retained Earnings (Deficit) [Member]
Non-Controlling Interest in Operating Partnership [Member]
Total
Series A Preferred Stock [Member]
Common Stock [Member]
Series A Preferred Stock [Member]
Preferred Stock [Member]
Series A Preferred Stock [Member]
Additional Paid-in Capital [Member]
Series A Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Series A Preferred Stock [Member]
Retained Earnings (Deficit) [Member]
Series A Preferred Stock [Member]
Non-Controlling Interest in Operating Partnership [Member]
Series A Preferred Stock [Member]
Series B Preferred Stock [Member]
Common Stock [Member]
Series B Preferred Stock [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Additional Paid-in Capital [Member]
Series B Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Series B Preferred Stock [Member]
Retained Earnings (Deficit) [Member]
Series B Preferred Stock [Member]
Non-Controlling Interest in Operating Partnership [Member]
Series B Preferred Stock [Member]
Beginning balance at Dec. 31, 2024 $ 322 $ 105,864 $ 381,069 $ (7,270) $ (249,643) $ 3,280 $ 233,622                            
Beginning balance (in shares) at Dec. 31, 2024 31,625,073 4,385,738                                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Issuance of common stock $ 10 $ 0 3,606 0 0 0 3,616                            
Issuance of common stock (in shares) 1,005,846 0                                      
Net income (loss) $ 0 $ 0 0 0 (6,859) (133) (6,992)                            
Other Comprehensive Income (Loss) 0 0 0 6,850 0 (85) 6,765                            
LTIP-OP Unit awards 0 0 0 0 0 84 84                            
Distribution paid on LTIP-OP Units 0 0 0 0 0 (90) (90)                            
Common dividends declared 0 0 0 0 (4,919) 0 (4,919)                            
Preferred dividends declared               $ 0 $ 0 $ 0 $ 0 $ (1,432) $ 0 $ (1,432) $ 0 $ 0 $ 0 $ 0 $ (1,022) $ 0 $ (1,022)
Ending balance at Mar. 31, 2025 $ 332 $ 105,864 384,675 (420) (263,875) 3,056 229,632                            
Ending balance (in shares) at Mar. 31, 2025 32,630,919 4,385,738                                      
Beginning balance at Dec. 31, 2024 $ 322 $ 105,864 381,069 (7,270) (249,643) 3,280 233,622                            
Beginning balance (in shares) at Dec. 31, 2024 31,625,073 4,385,738                                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Net income (loss)             (5,431)                            
Ending balance at Jun. 30, 2025 $ 365 $ 105,864 394,004 (100) (270,241) 2,521 232,413                            
Ending balance (in shares) at Jun. 30, 2025 36,045,092 4,385,738                                      
Beginning balance at Dec. 31, 2024 $ 322 $ 105,864 381,069 (7,270) (249,643) 3,280 233,622                            
Beginning balance (in shares) at Dec. 31, 2024 31,625,073 4,385,738                                      
Ending balance at Dec. 31, 2025 $ 373 $ 105,864 396,516 3,669 (270,381) 2,491 $ 238,532                            
Ending balance (in shares) at Dec. 31, 2025 36,739,538 4,385,738         36,739,538                            
Beginning balance at Mar. 31, 2025 $ 332 $ 105,864 384,675 (420) (263,875) 3,056 $ 229,632                            
Beginning balance (in shares) at Mar. 31, 2025 32,630,919 4,385,738                                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Issuance of common stock $ 33 $ 0 8,892 0 0 0 8,925                            
Issuance of common stock (in shares) 3,414,173 0                                      
Redemption of OP units $ 0 $ 0 437 0 0 (539) (102)                            
Net income (loss) 0 0 0 0 1,527 34 1,561                            
Other Comprehensive Income (Loss) 0 0 0 320 0 0 320                            
LTIP-OP Unit awards 0 0 0 0 0 60 60                            
Distribution paid on LTIP-OP Units 0 0 0 0 0 (90) (90)                            
Common dividends declared 0 0 0 0 (5,431) 0 (5,431)                            
Preferred dividends declared               0 0 0 0 (1,432) 0 (1,432) 0 0 0 0 (1,030) 0 (1,030)
Ending balance at Jun. 30, 2025 $ 365 $ 105,864 394,004 (100) (270,241) 2,521 232,413                            
Ending balance (in shares) at Jun. 30, 2025 36,045,092 4,385,738                                      
Beginning balance at Dec. 31, 2025 $ 373 $ 105,864 396,516 3,669 (270,381) 2,491 $ 238,532                            
Beginning balance (in shares) at Dec. 31, 2025 36,739,538 4,385,738         36,739,538                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Issuance of common stock $ 0 $ 0 165 0 0 0 $ 165                            
Issuance of common stock (in shares) 0 0                                      
Net income (loss) $ 0 $ 0 0 0 423 6 429                            
Other Comprehensive Income (Loss) 0 0 0 (2,407) 0 (35) (2,442)                            
LTIP-OP Unit awards 0 0 0 0 0 31 31                            
Distribution paid on LTIP-OP Units 0 0 0 0 0 (53) (53)                            
Common dividends declared 0 0 0 0 (3,685) 0 (3,685)                            
Preferred dividends declared               0 0 0 0 (1,432) 0 (1,432) 0 0 0 0 (959) 0 (959)
Ending balance at Mar. 31, 2026 $ 373 $ 105,864 396,681 1,262 (276,034) 2,440 230,586                            
Ending balance (in shares) at Mar. 31, 2026 36,739,538 4,385,738                                      
Beginning balance at Dec. 31, 2025 $ 373 $ 105,864 396,516 3,669 (270,381) 2,491 $ 238,532                            
Beginning balance (in shares) at Dec. 31, 2025 36,739,538 4,385,738         36,739,538                            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Net income (loss)             $ 4,223                            
Ending balance at Jun. 30, 2026 $ 378 $ 105,864 396,889 1,757 (278,445) 2,481 $ 228,924                            
Ending balance (in shares) at Jun. 30, 2026 36,947,394 4,385,738         36,947,394                            
Beginning balance at Mar. 31, 2026 $ 373 $ 105,864 396,681 1,262 (276,034) 2,440 $ 230,586                            
Beginning balance (in shares) at Mar. 31, 2026 36,739,538 4,385,738                                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Issuance of common stock $ 5 $ 0 208 0 0 0 213                            
Issuance of common stock (in shares) 207,856 0                                      
Net income (loss) $ 0 $ 0 0 0 3,739 55 3,794                            
Other Comprehensive Income (Loss) 0 0 0 495 0 7 502                            
LTIP-OP Unit awards 0 0 0 0 0 32 32                            
Distribution paid on LTIP-OP Units 0 0 0 0 0 (53) (53)                            
Common dividends declared 0 0 0 0 (3,748) 0 (3,748)                            
Preferred dividends declared               $ 0 $ 0 $ 0 $ 0 $ (1,432) $ 0 $ (1,432) $ 0 $ 0 $ 0 $ 0 $ (970) $ 0 $ (970)
Ending balance at Jun. 30, 2026 $ 378 $ 105,864 $ 396,889 $ 1,757 $ (278,445) $ 2,481 $ 228,924                            
Ending balance (in shares) at Jun. 30, 2026 36,947,394 4,385,738         36,947,394