v3.26.3
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 1,970              
Preferred dividends and distributions (1,970)              
Ending balance at Sep. 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 (1,970) (1,970)         (1,970)  
Contributions by non-controlling interest in joint venture $ 832             832
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 (29,498) (26,247)         (26,247) (3,251)
Preferred dividends and distributions (12,056) (11,906)         (11,906) (150)
Joint venture partner distributions (15,329)             (15,329)
Restricted stock awards (net of forfeitures) (in shares)       1,273,887        
Restricted stock awards (net of forfeitures) 0     $ 13 (13)      
Equity-based compensation $ 6,754 6,754     6,754      
Shares of common stock acquired for employee withholding requirements (in shares) (244,752)     (244,752)        
Shares of common stock acquired for employee withholding requirements $ (1,617) (1,617)   $ (2) (1,615)      
Other comprehensive income (loss) (7,992) (6,396)       (6,396)   (1,596)
Net loss (9,100) (3,721)         (3,721) (5,379)
Other $ (152) (152)     (152)      
Ending preferred shares outstanding (in shares) at Sep. 30, 2025     10,400,000          
Ending shares of Common Stock outstanding (in shares) at Sep. 30, 2025 108,803,416     108,803,416        
Ending balance at Sep. 30, 2025 $ 1,249,297 875,794 $ 104 $ 1,088 1,262,451 3,036 (390,885) 373,503
Beginning balance at Jun. 30, 2025 50,219              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value 656              
Preferred dividends and distributions (656)              
Ending balance at Sep. 30, 2025 50,219              
Beginning preferred shares outstanding (in shares) at Jun. 30, 2025     10,400,000          
Beginning shares of Common Stock outstanding (in shares) at Jun. 30, 2025       108,811,508        
Beginning balance at Jun. 30, 2025 1,278,962 895,146 $ 104 $ 1,088 1,260,433 4,400 (370,879) 383,816
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value (656) (656)         (656)  
Contributions by non-controlling interest in joint venture $ 78             78
Repurchase of common shares (in shares) 0              
Dividends and distributions on common stock and common units $ (9,746) (8,705)         (8,705) (1,041)
Preferred dividends and distributions (3,968) (3,968)         (3,968)  
Joint venture partner distributions (3,724)             (3,724)
Restricted stock awards (net of forfeitures) (in shares)       (2,723)        
Equity-based compensation 2,049 2,049     2,049      
Shares of common stock acquired for employee withholding requirements (in shares)       (5,369)        
Shares of common stock acquired for employee withholding requirements (31) (31)     (31)      
Other comprehensive income (loss) (1,907) (1,364)       (1,364)   (543)
Net loss $ (11,760) (6,677)         (6,677) (5,083)
Ending preferred shares outstanding (in shares) at Sep. 30, 2025     10,400,000          
Ending shares of Common Stock outstanding (in shares) at Sep. 30, 2025 108,803,416     108,803,416        
Ending balance at Sep. 30, 2025 $ 1,249,297 875,794 $ 104 $ 1,088 1,262,451 3,036 (390,885) 373,503
Beginning balance at Dec. 31, 2025 50,219              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value 1,970              
Preferred dividends and distributions (1,970)              
Ending balance at Sep. 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 $ (1,970) (1,970)         (1,970)  
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 (28,602) (25,479)         (25,479) (3,123)
Preferred dividends and distributions (12,019) (11,906)         (11,906) (113)
Joint venture partner distributions (13,099)             (13,099)
Restricted stock awards (net of forfeitures) (in shares)       758,419        
Restricted stock awards (net of forfeitures) 0     $ 8 (8)      
Equity-based compensation $ 5,087 5,087     5,087      
Shares of common stock acquired for employee withholding requirements (in shares) (221,903)     (221,903)        
Shares of common stock acquired for employee withholding requirements $ (926) (926)   $ (3) (923)      
Other comprehensive income (loss) 10,231 7,022       7,022   3,209
Net loss (1,361) (353)         (353) (1,008)
Other $ (719) (719)     (719)      
Ending preferred shares outstanding (in shares) at Sep. 30, 2026     10,400,000          
Ending shares of Common Stock outstanding (in shares) at Sep. 30, 2026 107,853,243     107,853,243        
Ending balance at Sep. 30, 2026 $ 1,174,193 826,730 $ 104 $ 1,079 1,261,740 9,137 (445,330) 347,463
Beginning balance at Jun. 30, 2026 50,219              
Increase (Decrease) in Temporary Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value 656              
Preferred dividends and distributions (656)              
Ending balance at Sep. 30, 2026 50,219              
Beginning preferred shares outstanding (in shares) at Jun. 30, 2026     10,400,000          
Beginning shares of Common Stock outstanding (in shares) at Jun. 30, 2026       107,854,017        
Beginning balance at Jun. 30, 2026 1,191,036 838,947 $ 104 $ 1,079 1,260,506 6,306 (429,048) 352,089
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Adjustment of redeemable non-controlling interests to redemption value $ (656) (656)         (656)  
Repurchase of common shares (in shares) 0              
Dividends and distributions on common stock and common units $ (9,668) (8,627)         (8,627) (1,041)
Preferred dividends and distributions (3,968) (3,968)         (3,968)  
Joint venture partner distributions (2,600)             (2,600)
Restricted stock awards (net of forfeitures) (in shares)       4,769        
Equity-based compensation 1,660 1,660     1,660      
Shares of common stock acquired for employee withholding requirements (in shares)       (5,543)        
Shares of common stock acquired for employee withholding requirements (32) (32)     (32)      
Other comprehensive income (loss) 3,998 2,831       2,831   1,167
Net loss (5,183) (3,031)         (3,031) (2,152)
Other $ (394) (394)     (394)      
Ending preferred shares outstanding (in shares) at Sep. 30, 2026     10,400,000          
Ending shares of Common Stock outstanding (in shares) at Sep. 30, 2026 107,853,243     107,853,243        
Ending balance at Sep. 30, 2026 $ 1,174,193 $ 826,730 $ 104 $ 1,079 $ 1,261,740 $ 9,137 $ (445,330) $ 347,463