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Condensed Consolidated Statement of Changes in Equity - USD ($)
$ in Thousands
Total
Total Stockholders' Equity
Common Stock
Additional Paid-in Capital
Retained Earnings/(Accumulated Deficit)
Non-controlling Interest
Common Stock
Common Stock
Total Stockholders' Equity
Common Stock
Common Stock
Common Stock
Additional Paid-in Capital
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                    
Preferred Stock, Value, Outstanding $ 0                  
Beginning balance (in shares) at Dec. 31, 2018 29,796,601   29,796,601              
Beginning balance at Dec. 31, 2018 $ 595,170 $ 563,833 $ 0 $ 665,356 $ (101,523) $ 31,337        
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                    
Share conversion [1]     $ 30 (30)            
Net income (loss) 16,488 15,408     15,408 1,080        
Contributions from non-controlling interests 2,512         2,512        
Dividends [2] (16,764) (16,360)     (16,360) (404)        
Distributions to non-controlling interests (4,306)         (4,306)        
Adjustment to non-controlling interests   (4)   (4)   4        
Repurchase of shares of common stock (in shares)     (50,825)              
Repurchase of shares of common stock (782) (782)   (782)            
Share-based long term incentive plan unit awards $ 116 114   114   2        
Ending balance (in shares) at Mar. 31, 2019 29,745,776   29,745,776              
Ending balance at Mar. 31, 2019 $ 592,434 562,209 $ 30 664,654 (102,475) 30,225        
Beginning balance (in shares) at Dec. 31, 2018 29,796,601   29,796,601              
Beginning balance at Dec. 31, 2018 $ 595,170 563,833 $ 0 665,356 (101,523) 31,337        
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                    
Stock Issued During Period, Shares, New Issues 0                  
Shares Issued As Payment of Incentive Fee, Shares 0                  
Repurchase of shares of common stock (in shares) (50,825)                  
Repurchase of shares of common stock $ (800)                  
Ending balance (in shares) at Jun. 30, 2019 29,745,776   29,745,776              
Ending balance at Jun. 30, 2019 $ 593,114 562,470 $ 30 664,764 (102,324) 30,644        
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                    
Dividends declared (in usd per share) $ 0.97                  
Preferred Stock, Value, Outstanding $ 0                  
Beginning balance (in shares) at Mar. 31, 2019 29,745,776   29,745,776              
Beginning balance at Mar. 31, 2019 $ 592,434 562,209 $ 30 664,654 (102,475) 30,225        
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                    
Net income (loss) $ 13,656 12,644     12,644 1,012        
Stock Issued During Period, Shares, New Issues 0                  
Shares Issued As Payment of Incentive Fee, Shares 0                  
Contributions from non-controlling interests $ 4,936         4,936        
Dividends [2] (12,801) (12,493)     (12,493) (308)        
Distributions to non-controlling interests $ (5,225)         (5,225)        
Repurchase of shares of common stock (in shares) 0                  
Share-based long term incentive plan unit awards $ 114 110   110   4        
Ending balance (in shares) at Jun. 30, 2019 29,745,776   29,745,776              
Ending balance at Jun. 30, 2019 $ 593,114 562,470 $ 30 664,764 (102,324) 30,644        
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                    
Dividends declared (in usd per share) $ 0.42                  
Preferred Stock, Value, Outstanding $ 0                  
Preferred Stock, Value, Outstanding $ 111,034                  
Beginning balance (in shares) at Dec. 31, 2019 38,647,943   38,647,943              
Beginning balance at Dec. 31, 2019 $ 868,699 829,265 $ 39 821,747 (103,555) 39,434        
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                    
Net income (loss) (128,342) (127,457)     (127,457) (885)        
Stock Issued During Period, Shares, New Issues [3]             5,290,000      
Stock Issued During Period, Value, New Issues [3]             $ 95,292 $ 95,292 $ 5 $ 95,287
Shares Issued As Payment of Incentive Fee, Shares             637      
Shares Issued As Payment of Incentive Fee             $ 12 $ 12 $ 0 $ 12
Contributions from non-controlling interests 3,487         3,487        
Dividends [2] (20,057) (19,748)     (19,748) (309)        
Dividends, Preferred Stock, Cash [4] (1,941) (1,941)     (1,941) 0        
Distributions to non-controlling interests (4,798)         (4,798)        
Adjustment to non-controlling interests   (545)   (545)   545        
Stock issued during period, shares, conversion of units     129,516              
Stock Issued During Period, Value, Conversion of Units   2,378   2,378   2,378        
Repurchase of shares of common stock (in shares)     (288,172)              
Repurchase of shares of common stock (3,035) (3,035)   (3,035)            
Share-based long term incentive plan unit awards $ 164 162   162   2        
Ending balance (in shares) at Mar. 31, 2020 43,779,924   43,779,924              
Ending balance at Mar. 31, 2020 $ 809,481 774,383 $ 44 916,006 (252,701) 35,098        
Beginning balance (in shares) at Dec. 31, 2019 38,647,943   38,647,943              
Beginning balance at Dec. 31, 2019 $ 868,699 829,265 $ 39 821,747 (103,555) 39,434        
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                    
Stock Issued During Period, Shares, New Issues 5,290,000                  
Shares Issued As Payment of Incentive Fee, Shares 637                  
Repurchase of shares of common stock (in shares) (288,172)                  
Repurchase of shares of common stock $ (3,000)                  
Ending balance (in shares) at Jun. 30, 2020 43,779,924   43,779,924              
Ending balance at Jun. 30, 2020 $ 837,679 800,896 $ 44 916,186 (226,368) 36,783        
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                    
Dividends declared (in usd per share) $ 0.70                  
Preferred Stock, Dividends Per Share, Declared $ 0.421875                  
Preferred Stock, Value, Outstanding $ 111,034                  
Beginning balance (in shares) at Mar. 31, 2020 43,779,924   43,779,924              
Beginning balance at Mar. 31, 2020 $ 809,481 774,383 $ 44 916,006 (252,701) 35,098        
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                    
Net income (loss) $ 40,439 39,219     39,219 1,220        
Stock Issued During Period, Shares, New Issues 0                  
Shares Issued As Payment of Incentive Fee, Shares 0                  
Contributions from non-controlling interests $ 2,895         2,895        
Dividends [2] (11,097) (10,945)     (10,945) (152)        
Dividends, Preferred Stock, Cash [4] (1,941) (1,941)     (1,941) 0        
Distributions to non-controlling interests $ (2,280)         (2,280)        
Repurchase of shares of common stock (in shares) 0                  
Share-based long term incentive plan unit awards $ 182 180   180   2        
Ending balance (in shares) at Jun. 30, 2020 43,779,924   43,779,924              
Ending balance at Jun. 30, 2020 $ 837,679 $ 800,896 $ 44 $ 916,186 $ (226,368) $ 36,783        
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                    
Dividends declared (in usd per share) $ 0.25                  
Preferred Stock, Dividends Per Share, Declared $ 0.421875                  
Preferred Stock, Value, Outstanding $ 111,034                  
[1]
See Note 1 for further details on the share conversion.
[2]
For the three-month periods ended June 30, 2020 and 2019, dividends totaling $0.25 and $0.42, respectively, per share of common stock and convertible unit outstanding, were declared. For the six-month periods ended June 30, 2020 and 2019, dividends totaling $0.70 and $0.97, respectively, per share of common stock and convertible unit outstanding, were declared.
[3]
Net of underwriters' discounts and offering costs.
[4] For the three- and six-month periods ended June 30, 2020, a dividend totaling