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Consolidated Statement of Changes in Equity - USD ($)
Total
Total Stockholder's Equity
Common Stock
Additional Paid-in Capital
Retained Earnings/(Accumulated Deficit)
Non-controlling Interest
Common Stock
Common Stock
Total Stockholder's Equity
Common Stock
Common Stock
Common Stock
Additional Paid-in Capital
Preferred Stock
Preferred Stock
Total Stockholder's Equity
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
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 [1]             $ 60,465,000 $ 60,465,000 $ 4,000 $ 60,461,000 96,488,000 $ 96,488,000
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   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                        
Dividends declared (in usd per share) $ 0.45                      
Preferred Stock, Dividends Per Share, Declared $ 1.31563                      
Stock Issued During Period, Shares, New Issues 4,433,861           4,433,861 [1]          
Preferred Stock, Value, Outstanding                     323,920,000  
Preferred Stock, Value, Outstanding $ 355,551,000                   355,551,000  
Beginning balance (in shares) at Dec. 31, 2023 83,000,488   83,000,488                  
Beginning balance at Dec. 31, 2023 $ 1,535,612,000 1,517,071,000 $ 83,000 1,514,797,000 (353,360,000) 18,541,000            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 34,051,000 33,569,000     33,569,000 482,000            
Stock Issued During Period, Value, New Issues [1]             $ 26,856,000 $ 26,856,000 2,000 $ 26,854,000    
Contributions from non-controlling interests 2,084,000         2,084,000            
Dividends (36,936,000) [2] (36,589,000)     (36,589,000) (347,000) [2]            
Dividends, Preferred Stock, Cash [2] (6,654,000) (6,654,000)     (6,654,000)              
Distributions to non-controlling interests $ (1,589,000)         (1,589,000)            
Adjustment to non-controlling interests   (524,000)   (524,000)   524,000            
Repurchase of shares of common stock (in shares) 47,565   47,565                  
Repurchase of shares of common stock $ (524,000) (524,000)   (524,000)         $ 0      
Share-based long term incentive plan unit awards $ 256,000 254,000   254,000   2,000            
Ending balance (in shares) at Mar. 31, 2024 85,056,648   85,056,648                  
Ending balance at Mar. 31, 2024 $ 1,553,156,000 $ 1,533,459,000 $ 85,000 $ 1,540,857,000 $ (363,034,000) $ 19,697,000            
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS                        
Dividends declared (in usd per share) $ 0.43                      
Preferred Stock, Dividends Per Share, Declared $ 2.3046875                      
Stock Issued During Period, Shares, New Issues 2,103,725           2,103,725 [1]          
Preferred Stock, Value, Outstanding $ 355,551,000                   $ 355,551,000  
[1] Net of discounts and commissions and offering costs.
[2] For the three-month periods ended March 31, 2024 and 2023, dividends totaling $0.43 and $0.45, respectively, per share of common stock and convertible unit outstanding were declared.
[3] For the three-month period ended March 31, 2024 and 2023, dividends totaling $2.3046875 and $1.31563, respectively, per share of preferred stock were declared.