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Consolidated Statement of Changes in Equity - USD ($)
Total
Total Stockholders' Equity
Common Stock
Additional Paid-in Capital
Retained Earnings/(Accumulated Deficit)
Non-controlling Interest
Preferred Stock [Member]
Preferred Stock [Member]
Total Stockholders' Equity
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 $ 226,939,000                      
Beginning balance (in shares) at Dec. 31, 2021 57,458,169   57,458,169                  
Beginning balance at Dec. 31, 2021 $ 1,323,556,000 $ 1,291,321,000 $ 58,000 $ 1,161,603,000 $ (97,279,000) $ 32,235,000            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (6,498,000) (6,078,000)     (6,078,000) (420,000)            
Stock Issued During Period, Value, New Issues [1]             $ 493,000 $ 493,000 $ 38,454,000 $ 38,454,000 $ 2,000 $ 38,452,000
Shares Issued As Payment of Incentive Fee                 $ 325,000 325,000 0 325,000
Contributions from non-controlling interests 5,846,000         5,846,000            
Dividends [2] (26,521,000) (26,189,000)     (26,189,000) (332,000)            
Dividends, Preferred Stock, Cash [3] (3,824,000) (3,824,000)     (3,824,000)              
Distributions to non-controlling interests (9,181,000)         (9,181,000)            
Adjustment to non-controlling interests   (706,000)   (706,000)   706,000            
Share-based long term incentive plan unit awards $ 288,000 284,000   284,000   4,000            
Ending balance (in shares) at Mar. 31, 2022 59,662,263   59,662,263                  
Ending balance at Mar. 31, 2022 $ 1,322,938,000 1,294,080,000 $ 60,000 1,199,958,000 (133,370,000) 28,858,000            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Stock Issued During Period, Shares, New Issues [1]                 2,185,000      
Shares Issued As Payment of Incentive Fee, Shares                 19,094      
Beginning balance (in shares) at Dec. 31, 2021 57,458,169   57,458,169                  
Beginning balance at Dec. 31, 2021 $ 1,323,556,000 1,291,321,000 $ 58,000 1,161,603,000 (97,279,000) 32,235,000            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ (67,949,000)                      
Repurchase of shares of common stock (in shares) 88,184                      
Repurchase of shares of common stock $ (1,200,000)                      
Ending balance (in shares) at Jun. 30, 2022 59,957,779   59,957,779                  
Ending balance at Jun. 30, 2022 $ 1,234,455,000 1,208,149,000 $ 60,000 1,205,916,000 (225,259,000) 26,306,000            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Dividends declared (in usd per share) $ 0.90                      
Preferred Stock, Dividends Per Share, Declared $ 1.6250                      
Stock Issued During Period, Shares, New Issues 2,568,700                      
Shares Issued As Payment of Incentive Fee, Shares 19,094                      
Preferred Stock, Value, Outstanding $ 227,432,000                      
Beginning balance (in shares) at Mar. 31, 2022 59,662,263   59,662,263                  
Beginning balance at Mar. 31, 2022 $ 1,322,938,000 1,294,080,000 $ 60,000 1,199,958,000 (133,370,000) 28,858,000            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (61,451,000) (61,060,000)     (61,060,000) (391,000)            
Stock Issued During Period, Value, New Issues [1]                 $ 6,767,000 6,767,000 0 6,767,000
Contributions from non-controlling interests 4,037,000         4,037,000            
Dividends [2] (27,350,000) (27,008,000)     (27,008,000) (342,000)            
Dividends, Preferred Stock, Cash [3] (3,821,000) (3,821,000)     (3,821,000)              
Distributions to non-controlling interests $ (5,863,000)         (5,863,000)            
Adjustment to non-controlling interests   (3,000)   (3,000)   3,000            
Repurchase of shares of common stock (in shares) 88,184   88,184                  
Repurchase of shares of common stock $ (1,164,000) (1,164,000)   (1,164,000)             0  
Share-based long term incentive plan unit awards $ 362,000 358,000   358,000   4,000            
Ending balance (in shares) at Jun. 30, 2022 59,957,779   59,957,779                  
Ending balance at Jun. 30, 2022 $ 1,234,455,000 1,208,149,000 $ 60,000 1,205,916,000 (225,259,000) 26,306,000            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Dividends declared (in usd per share) $ 0.45                      
Preferred Stock, Dividends Per Share, Declared $ 0.8125                      
Stock Issued During Period, Shares, New Issues 383,700               383,700 [1]      
Shares Issued As Payment of Incentive Fee, Shares 0                      
Preferred Stock, Value, Outstanding $ 227,432,000                      
Preferred Stock, Value, Outstanding $ 227,432,000                      
Beginning balance (in shares) at Dec. 31, 2022 63,812,215   63,812,215                  
Beginning balance at Dec. 31, 2022 $ 1,220,886,000 1,195,967,000 $ 64,000 1,259,352,000 (290,881,000) 24,919,000            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 44,753,000 44,033,000     44,033,000 720,000            
Stock Issued During Period, Value, New Issues             96,488,000 $ 96,488,000 $ 60,465,000 [1] $ 60,465,000 [1] 4,000 [1] $ 60,461,000 [1]
Contributions from non-controlling interests 757,000         757,000            
Dividends [2] (30,664,000) (30,297,000)     (30,297,000) (367,000)            
Dividends, Preferred Stock, Cash [3] (5,117,000) (5,117,000)     (5,117,000)              
Distributions to non-controlling interests (1,065,000)         (1,065,000)            
Adjustment to non-controlling interests   37,000   37,000   (37,000)            
Repurchase of shares of common stock (in shares)     1,061,000                  
Repurchase of shares of common stock (12,072,000) (12,072,000)   (12,071,000)             1,000  
Share-based long term incentive plan unit awards $ 332,000 328,000   328,000   4,000            
Ending balance (in shares) at Mar. 31, 2023 67,185,076   67,185,076                  
Ending balance at Mar. 31, 2023 $ 1,374,763,000 1,349,832,000 $ 67,000 1,308,107,000 (282,262,000) 24,931,000            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Stock Issued During Period, Shares, New Issues [1]                 4,433,861      
Beginning balance (in shares) at Dec. 31, 2022 63,812,215   63,812,215                  
Beginning balance at Dec. 31, 2022 $ 1,220,886,000 1,195,967,000 $ 64,000 1,259,352,000 (290,881,000) 24,919,000            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 55,492,000                      
Repurchase of shares of common stock (in shares) 1,084,336                      
Repurchase of shares of common stock $ (12,400,000)                      
Ending balance (in shares) at Jun. 30, 2023 67,161,740   67,161,740                  
Ending balance at Jun. 30, 2023 $ 1,344,657,000 1,322,558,000 $ 67,000 1,308,158,000 (309,587,000) 22,099,000            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Dividends declared (in usd per share) $ 0.90                      
Preferred Stock, Dividends Per Share, Declared $ 2.6672                      
Stock Issued During Period, Shares, New Issues 4,433,861                      
Shares Issued As Payment of Incentive Fee, Shares 0                      
Preferred Stock, Value, Outstanding $ 323,920,000                      
Beginning balance (in shares) at Mar. 31, 2023 67,185,076   67,185,076                  
Beginning balance at Mar. 31, 2023 $ 1,374,763,000 1,349,832,000 $ 67,000 1,308,107,000 (282,262,000) 24,931,000            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 10,739,000 8,878,000     8,878,000 1,861,000            
Contributions from non-controlling interests           842,000 $ 842,000          
Dividends [2] (30,590,000) (30,223,000)     (30,223,000) (367,000)            
Dividends, Preferred Stock, Cash [3] (5,980,000) (5,980,000)     (5,980,000)              
Distributions to non-controlling interests $ (5,172,000)         (5,172,000)            
Repurchase of shares of common stock (in shares) 23,336   23,336                  
Repurchase of shares of common stock $ (280,000) (280,000)   (280,000)             $ 0  
Share-based long term incentive plan unit awards $ 335,000 331,000   331,000   4,000            
Ending balance (in shares) at Jun. 30, 2023 67,161,740   67,161,740                  
Ending balance at Jun. 30, 2023 $ 1,344,657,000 $ 1,322,558,000 $ 67,000 $ 1,308,158,000 $ (309,587,000) $ 22,099,000            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Dividends declared (in usd per share) $ 0.45                      
Preferred Stock, Dividends Per Share, Declared $ 1.3516                      
Stock Issued During Period, Shares, New Issues 0                      
Shares Issued As Payment of Incentive Fee, Shares 0                      
Preferred Stock, Value, Outstanding $ 323,920,000                      
[1] Net of discounts and commissions and offering costs.
[2] For each of the three-month periods ended June 30, 2023 and 2022, dividends totaling $0.45 per share of common stock and convertible unit outstanding, were declared. For each of the six-month periods ended June 30, 2023 and 2022, dividends totaling $0.90 per share of common stock and convertible unit outstanding were declared.
[3] For the three-month periods ended June 30, 2023 and 2022, dividends totaling $1.3516 and $0.8125, respectively, per share of preferred stock were declared. For the six-month periods ended June 30, 2023 and 2022, dividends totaling $2.6672 and $1.6250, respectively, per share of preferred stock were declared.