v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Additional Paid in Capital
Cumulative Net Income
Accumulated Other Comprehensive Income
Cumulative Dividends
Beginning balance (in shares) at Dec. 31, 2024   0          
Beginning balance at Dec. 31, 2024 $ 475,965 $ 0 $ 282 $ 704,524 $ 85,675 $ 17,631 $ (332,147)
Balance, beginning of period (in shares) at Dec. 31, 2024 28,242,000   28,242,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance costs on stock-based compensation $ (136)     (136)      
Stock-based compensation, net of forfeitures (in shares)     336,000        
Stock-based compensation, net of forfeitures 12,297   $ 3 12,294      
Shares withheld on vesting of stock-based compensation (in shares)     (107,000)        
Shares withheld on vesting of stock-based compensation (1,792)     (1,792)      
(Decrease) Increase in fair value of cash flow hedges (4,568)         (4,568)  
Reclassification for amounts recognized as interest expense (5,495)         (5,495)  
Net income (loss) (9,326)       (9,326)    
Dividends to common stockholders (40,122)           (40,122)
Ending balance (in shares) at Sep. 30, 2025   0          
Ending balance at Sep. 30, 2025 426,823 $ 0 $ 285 714,890 76,349 7,568 (372,269)
Balance, end of period (in shares) at Sep. 30, 2025     28,471,000        
Beginning balance (in shares) at Jun. 30, 2025   0          
Beginning balance at Jun. 30, 2025 437,820 $ 0 $ 284 712,498 74,709 9,121 (358,792)
Balance, beginning of period (in shares) at Jun. 30, 2025     28,368,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance costs on stock-based compensation (14)     (14)      
Stock-based compensation, net of forfeitures (in shares)     108,000        
Stock-based compensation, net of forfeitures 2,465   $ 1 2,464      
Shares withheld on vesting of stock-based compensation (in shares)     (5,000)        
Shares withheld on vesting of stock-based compensation (58)     (58)      
(Decrease) Increase in fair value of cash flow hedges 308         308  
Reclassification for amounts recognized as interest expense (1,861)         (1,861)  
Net income (loss) 1,640       1,640    
Dividends to common stockholders (13,477)           (13,477)
Ending balance (in shares) at Sep. 30, 2025   0          
Ending balance at Sep. 30, 2025 $ 426,823 $ 0 $ 285 714,890 76,349 7,568 (372,269)
Balance, end of period (in shares) at Sep. 30, 2025     28,471,000        
Beginning balance (in shares) at Dec. 31, 2025 0 0          
Beginning balance at Dec. 31, 2025 $ 429,387 $ 0 $ 285 717,450 90,777 6,691 (385,816)
Balance, beginning of period (in shares) at Dec. 31, 2025 28,471,000   28,471,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance costs on stock-based compensation $ (138)     (138)      
Stock-based compensation, net of forfeitures (in shares)     303,000        
Stock-based compensation, net of forfeitures 7,392   $ 2 7,390      
Shares withheld on vesting of stock-based compensation (in shares)     (35,000)        
Shares withheld on vesting of stock-based compensation (595)     (595)      
(Decrease) Increase in fair value of cash flow hedges 9,425         9,425  
Reclassification for amounts recognized as interest expense (3,088)         (3,088)  
Net income (loss) 7,980       7,980    
Dividends to common stockholders $ (36,923)           (36,923)
Ending balance (in shares) at Sep. 30, 2026 0 0          
Ending balance at Sep. 30, 2026 $ 413,440 $ 0 $ 287 724,107 98,757 13,028 (422,739)
Balance, end of period (in shares) at Sep. 30, 2026 28,739,000   28,739,000        
Beginning balance (in shares) at Jun. 30, 2026   0          
Beginning balance at Jun. 30, 2026 $ 414,242 $ 0 $ 287 722,454 95,689 9,047 (413,235)
Balance, beginning of period (in shares) at Jun. 30, 2026     28,655,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance costs on stock-based compensation (53)     (53)      
Stock-based compensation, net of forfeitures (in shares)     96,000        
Stock-based compensation, net of forfeitures 1,903   $ 0 1,903      
Shares withheld on vesting of stock-based compensation (in shares)     (12,000)        
Shares withheld on vesting of stock-based compensation (197)     (197)      
(Decrease) Increase in fair value of cash flow hedges 4,931         4,931  
Reclassification for amounts recognized as interest expense (950)         (950)  
Net income (loss) 3,068       3,068    
Dividends to common stockholders $ (9,504)           (9,504)
Ending balance (in shares) at Sep. 30, 2026 0 0          
Ending balance at Sep. 30, 2026 $ 413,440 $ 0 $ 287 $ 724,107 $ 98,757 $ 13,028 $ (422,739)
Balance, end of period (in shares) at Sep. 30, 2026 28,739,000   28,739,000