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Condensed Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Total stockholders' equity
Preferred stock
Common stock
Additional paid-in capital
Distributions in excess of earnings
Accumulated other comprehensive gain
Noncontrolling interests in investment entities
Noncontrolling interests in Operating Partnership
Beginning balance at Dec. 31, 2021 $ 779,823 $ 555,352 $ 171,085 $ 630 $ 525,030 $ (141,360) $ (33) $ 629 $ 223,842
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 12,276 9,993       9,993   100 2,183
Unrealized cash flow hedge gains (losses) 7,722 5,907         5,907   1,815
Realized cash flow hedge gains reclassified to net income 787 602         602   185
Net proceeds from issuance of common stock 65,194 65,194   45 65,149        
Noncontrolling interest in acquired real estate entity 23,065             23,065  
Restricted stock awards, net 1,064 1,064     1,064        
Acquisitions of noncontrolling interests (3,901) (3,901)     (3,901)        
Redemption of operating partnership units 0 132     132       (132)
Dividends declared on preferred stock (2,887) (2,887)       (2,887)      
Dividends and distributions declared on common shares and units (14,939) (11,433)       (11,433)     (3,506)
Ending balance at Mar. 31, 2022 868,204 620,023 171,085 675 587,474 (145,687) 6,476 23,794 224,387
Beginning balance at Dec. 31, 2021 779,823 555,352 171,085 630 525,030 (141,360) (33) 629 223,842
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 43,043                
Unrealized cash flow hedge gains (losses) 11,672                
Realized cash flow hedge gains reclassified to net income 1,653                
Ending balance at Jun. 30, 2022 886,336 633,923 171,085 677 588,012 (135,942) 10,091 23,952 228,461
Beginning balance at Mar. 31, 2022 868,204 620,023 171,085 675 587,474 (145,687) 6,476 23,794 224,387
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 30,767 24,160       24,160   128 6,479
Unrealized cash flow hedge gains (losses) 3,950 2,986         2,986 55 909
Realized cash flow hedge gains reclassified to net income 866 630       1 629 45 191
Net proceeds from issuance of common stock (35) (35)     (35)        
Restricted stock awards, net 575 575   2 573        
Distributions to noncontrolling interests (84)             (84)  
Contributions from noncontrolling interests 14             14  
Dividends declared on preferred stock (2,887) (2,887)       (2,887)      
Dividends and distributions declared on common shares and units (15,034) (11,529)       (11,529)     (3,505)
Ending balance at Jun. 30, 2022 886,336 633,923 171,085 677 588,012 (135,942) 10,091 23,952 228,461
Beginning balance at Dec. 31, 2022 904,014 647,450 171,085 677 587,884 (126,875) 14,679 24,055 232,509
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 5,417 4,709       4,709   154 554
Unrealized cash flow hedge gains (losses) (426) (328)         (328) 2 (100)
Realized cash flow hedge gains reclassified to net income (2,922) (2,211)         (2,211) (39) (672)
Net proceeds from issuance of common stock (149) (149)     (149)        
Restricted stock awards, net 979 979   2 977        
Acquisitions of noncontrolling interests (12,834)             (12,834)  
Distributions to noncontrolling interests (506)             (506)  
Dividends declared on preferred stock (2,887) (2,887)       (2,887)      
Dividends and distributions declared on common shares and units (16,824) (12,908)       (12,908)     (3,916)
Ending balance at Mar. 31, 2023 873,862 634,655 171,085 679 588,712 (137,961) 12,140 10,832 228,375
Beginning balance at Dec. 31, 2022 904,014 647,450 171,085 677 587,884 (126,875) 14,679 24,055 232,509
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 20,302                
Unrealized cash flow hedge gains (losses) 6,380                
Realized cash flow hedge gains reclassified to net income (7,977)                
Ending balance at Jun. 30, 2023 881,662 632,059 171,085 679 589,030 (142,233) 13,498 10,651 238,952
Beginning balance at Mar. 31, 2023 873,862 634,655 171,085 679 588,712 (137,961) 12,140 10,832 228,375
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 14,885 11,863       11,863   269 2,753
Unrealized cash flow hedge gains (losses) 6,806 5,093         5,093 151 1,562
Realized cash flow hedge gains reclassified to net income (5,055) (3,735)         (3,735) (174) (1,146)
Restricted stock awards, net 337 337     337        
Issuance of operating partnership units for acquisitions 12,194               12,194
Redemption of operating partnership units (583) (19)     (19)       (564)
Distributions to noncontrolling interests (427)             (427)  
Dividends declared on preferred stock (2,887) (2,887)       (2,887)      
Dividends and distributions declared on common shares and units (17,470) (13,248)       (13,248)     (4,222)
Ending balance at Jun. 30, 2023 $ 881,662 $ 632,059 $ 171,085 $ 679 $ 589,030 $ (142,233) $ 13,498 $ 10,651 $ 238,952