v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in  Capital
Distributions in Excess of Accumulated Earnings
Accumulated Other Comprehensive Income
Series B Preferred Stock
Series B Preferred Stock
Preferred Stock
Series B Preferred Stock
Additional Paid-in  Capital
Series B Preferred Stock
Distributions in Excess of Accumulated Earnings
Series C Preferred Stock
Series C Preferred Stock
Preferred Stock
Series C Preferred Stock
Additional Paid-in  Capital
Series C Preferred Stock
Distributions in Excess of Accumulated Earnings
Series E Preferred Stock
Series E Preferred Stock
Preferred Stock
Series E Preferred Stock
Additional Paid-in  Capital
Series E Preferred Stock
Distributions in Excess of Accumulated Earnings
Beginning balance, preferred stock (in shares) at Dec. 31, 2024             5,840,889       9,954,863       252,436    
Beginning balance at Dec. 31, 2024 $ 687,182 $ 36 $ 854,059 $ (174,561) $ 7,632   $ 6       $ 10       $ 0    
Beginning balance, common stock (in shares) at Dec. 31, 2024   36,184,658                              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Redemptions of preferred stock (in shares)                             (1,400)    
Redemption of preferred stock net                           $ (31) $ (31) $ (31)  
Issuance of stock, net (in shares)   122,743                              
Issuance of stock, net 1,128 $ 0 1,128                     (4)   (4)  
Net income (loss) 9,317     9,317                          
Dividends—cumulative redeemable preferred stock (18,006)     (18,006)                          
Distributions—OP Units and common stock (15,209)     (15,209)                          
Comprehensive income (loss) attributable to the Company (2,583)       (2,583)                        
Ending balance, preferred stock (in shares) at Sep. 30, 2025             5,840,889       9,954,863       251,036    
Ending balance at Sep. 30, 2025 661,794 $ 36 855,152 (198,459) 5,049   $ 6       $ 10       $ 0    
Ending balance, common stock (in shares) at Sep. 30, 2025   36,307,401                              
Beginning balance, preferred stock (in shares) at Jun. 30, 2025             5,840,889       9,954,863       251,636    
Beginning balance at Jun. 30, 2025 670,073 $ 36 854,037 (189,474) 5,458   $ 6       $ 10       $ 0    
Beginning balance, common stock (in shares) at Jun. 30, 2025   36,184,658                              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Redemptions of preferred stock (in shares)                             (600)    
Redemption of preferred stock net                           $ (13) $ (13) (13)  
Issuance of stock, net (in shares)   122,743                              
Issuance of stock, net 1,128   1,128                            
Net income (loss) 2,087     2,087                          
Dividends—cumulative redeemable preferred stock (6,002)     (6,002)                          
Distributions—OP Units and common stock (5,070)     (5,070)                          
Comprehensive income (loss) attributable to the Company (409)       (409)                        
Ending balance, preferred stock (in shares) at Sep. 30, 2025             5,840,889       9,954,863       251,036    
Ending balance at Sep. 30, 2025 661,794 $ 36 855,152 (198,459) 5,049   $ 6       $ 10       $ 0    
Ending balance, common stock (in shares) at Sep. 30, 2025   36,307,401                              
Beginning balance, preferred stock (in shares) at Dec. 31, 2025           5,840,889 5,840,889     9,954,863 9,954,863     248,486 248,486    
Beginning balance at Dec. 31, 2025 $ 670,286 $ 38 870,847 (205,511) 4,896   $ 6       $ 10       $ 0    
Beginning balance, common stock (in shares) at Dec. 31, 2025 38,014,918 38,014,918                              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Redemptions of preferred stock (in shares)             (350,890)       (649,143)       (65,360)    
Redemption of preferred stock net           $ (7,298) $ (1) $ (7,804) $ 507 $ (13,316) $ (1) $ (14,723) $ 1,408 $ (1,485) $ (1,485) (1,454) $ (31)
Issuance of stock, net (in shares)   5,277,928                              
Issuance of stock, net $ 52,309 $ 5 52,304                     $ (3)   (3)  
Net income (loss) (1,740)     (1,740)                          
Dividends—cumulative redeemable preferred stock (17,537)     (17,537)                          
Distributions—OP Units and common stock (17,842)     (17,842)                          
Comprehensive income (loss) attributable to the Company 1,663       1,663                        
Ending balance, preferred stock (in shares) at Sep. 30, 2026           5,489,999 5,489,999     9,305,720 9,305,720     183,126 183,126    
Ending balance at Sep. 30, 2026 $ 665,037 $ 43 899,167 (240,746) 6,559   $ 5       $ 9       $ 0    
Ending balance, common stock (in shares) at Sep. 30, 2026 43,292,846 43,292,846                              
Beginning balance, preferred stock (in shares) at Jun. 30, 2026             5,658,577       9,593,965       210,726    
Beginning balance at Jun. 30, 2026 $ 673,111 $ 43 908,539 (240,810) 5,323   $ 6       $ 10       $ 0    
Beginning balance, common stock (in shares) at Jun. 30, 2026   43,136,573                              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Redemptions of preferred stock (in shares)             (168,578)       (288,245)       (27,600)    
Redemption of preferred stock net           $ (3,531) $ (1) $ (3,750) $ 220 $ (5,974) $ (1) $ (6,537) $ 564 $ (621) $ (621) $ (614) $ (7)
Issuance of stock, net (in shares)   156,273                              
Issuance of stock, net 1,529   1,529                            
Net income (loss) 11,025     11,025                          
Dividends—cumulative redeemable preferred stock (5,687)     (5,687)                          
Distributions—OP Units and common stock (6,051)     (6,051)                          
Comprehensive income (loss) attributable to the Company 1,236       1,236                        
Ending balance, preferred stock (in shares) at Sep. 30, 2026           5,489,999 5,489,999     9,305,720 9,305,720     183,126 183,126    
Ending balance at Sep. 30, 2026 $ 665,037 $ 43 $ 899,167 $ (240,746) $ 6,559   $ 5       $ 9       $ 0    
Ending balance, common stock (in shares) at Sep. 30, 2026 43,292,846 43,292,846