CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands |
Total |
Total Stockholders’ Equity |
Common Stock |
Additional Paid-in Capital |
Cumulative Distributions in Excess of Earnings |
Noncontrolling Interests |
Beginning balance (in shares) at Dec. 31, 2022 |
|
|
99,010,112
|
|
|
|
Beginning balance at Dec. 31, 2022 |
$ 849,373
|
$ 849,373
|
$ 990
|
$ 1,245,337
|
$ (396,954)
|
$ 0
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
Vesting of stock-based compensation awards, net of shares withheld for employee taxes (in shares) |
|
|
87,978
|
|
|
|
Vesting of stock-based compensation awards, net of shares withheld for employee taxes |
(1,479)
|
(1,479)
|
$ 1
|
(1,480)
|
|
|
Amortization of stock-based compensation |
936
|
936
|
|
936
|
|
|
Common dividends |
(27,738)
|
(27,738)
|
|
|
(27,738)
|
|
Net income (loss) |
19,227
|
19,227
|
|
|
19,227
|
|
Ending balance (in shares) at Mar. 31, 2023 |
|
|
99,098,090
|
|
|
|
Ending balance at Mar. 31, 2023 |
840,319
|
840,319
|
$ 991
|
1,244,793
|
(405,465)
|
0
|
Beginning balance (in shares) at Dec. 31, 2022 |
|
|
99,010,112
|
|
|
|
Beginning balance at Dec. 31, 2022 |
849,373
|
849,373
|
$ 990
|
1,245,337
|
(396,954)
|
0
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
Net income (loss) |
27,428
|
|
|
|
|
|
Ending balance (in shares) at Sep. 30, 2023 |
|
|
115,409,356
|
|
|
|
Ending balance at Sep. 30, 2023 |
1,110,984
|
1,109,922
|
$ 1,154
|
1,566,161
|
(457,393)
|
1,062
|
Beginning balance (in shares) at Mar. 31, 2023 |
|
|
99,098,090
|
|
|
|
Beginning balance at Mar. 31, 2023 |
840,319
|
840,319
|
$ 991
|
1,244,793
|
(405,465)
|
0
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
Vesting of stock-based compensation awards, net of shares withheld for employee taxes (in shares) |
|
|
25,992
|
|
|
|
Amortization of stock-based compensation |
924
|
924
|
|
924
|
|
|
Common dividends |
(27,737)
|
(27,737)
|
|
|
(27,737)
|
|
Net income (loss) |
(484)
|
(484)
|
|
|
(484)
|
|
Ending balance (in shares) at Jun. 30, 2023 |
|
|
99,124,082
|
|
|
|
Ending balance at Jun. 30, 2023 |
813,022
|
813,022
|
$ 991
|
1,245,717
|
(433,686)
|
0
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
Issuance of common stock, net (in shares) |
|
|
16,285,274
|
|
|
|
Issuance of common stock, net |
319,088
|
319,088
|
$ 163
|
318,925
|
|
|
Amortization of stock-based compensation |
1,519
|
1,519
|
|
1,519
|
|
|
Common dividends |
(32,403)
|
(32,403)
|
|
|
(32,403)
|
|
Contributions from noncontrolling interests |
1,073
|
|
|
|
|
1,073
|
Net income (loss) |
8,685
|
8,696
|
|
|
8,696
|
(11)
|
Ending balance (in shares) at Sep. 30, 2023 |
|
|
115,409,356
|
|
|
|
Ending balance at Sep. 30, 2023 |
$ 1,110,984
|
1,109,922
|
$ 1,154
|
1,566,161
|
(457,393)
|
1,062
|
Beginning balance (in shares) at Dec. 31, 2023 |
129,992,796
|
|
129,992,796
|
|
|
|
Beginning balance at Dec. 31, 2023 |
$ 1,418,717
|
1,416,819
|
$ 1,300
|
1,883,147
|
(467,628)
|
1,898
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
Issuance of common stock, net (in shares) |
|
|
11,600,000
|
|
|
|
Issuance of common stock, net |
269,787
|
269,787
|
$ 116
|
269,671
|
|
|
Vesting of stock-based compensation awards, net of shares withheld for employee taxes (in shares) |
|
|
119,369
|
|
|
|
Vesting of stock-based compensation awards, net of shares withheld for employee taxes |
(2,483)
|
(2,483)
|
$ 1
|
(2,484)
|
|
|
Amortization of stock-based compensation |
2,120
|
2,120
|
|
2,120
|
|
|
Common dividends |
(41,192)
|
(41,192)
|
|
|
(41,192)
|
|
Distributions to noncontrolling interests |
(47)
|
|
|
|
|
(47)
|
Contributions from noncontrolling interests |
444
|
|
|
|
|
444
|
Net income (loss) |
28,750
|
28,746
|
|
|
28,746
|
4
|
Ending balance (in shares) at Mar. 31, 2024 |
|
|
141,712,165
|
|
|
|
Ending balance at Mar. 31, 2024 |
$ 1,676,096
|
1,673,797
|
$ 1,417
|
2,152,454
|
(480,074)
|
2,299
|
Beginning balance (in shares) at Dec. 31, 2023 |
129,992,796
|
|
129,992,796
|
|
|
|
Beginning balance at Dec. 31, 2023 |
$ 1,418,717
|
1,416,819
|
$ 1,300
|
1,883,147
|
(467,628)
|
1,898
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
Net income (loss) |
$ 72,444
|
|
|
|
|
|
Ending balance (in shares) at Sep. 30, 2024 |
171,122,858
|
|
171,122,858
|
|
|
|
Ending balance at Sep. 30, 2024 |
$ 2,424,736
|
2,422,196
|
$ 1,711
|
2,950,802
|
(530,317)
|
2,540
|
Beginning balance (in shares) at Mar. 31, 2024 |
|
|
141,712,165
|
|
|
|
Beginning balance at Mar. 31, 2024 |
1,676,096
|
1,673,797
|
$ 1,417
|
2,152,454
|
(480,074)
|
2,299
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
Issuance of common stock, net (in shares) |
|
|
12,145,000
|
|
|
|
Issuance of common stock, net |
302,449
|
302,449
|
$ 122
|
302,327
|
|
|
Vesting of stock-based compensation awards, net of shares withheld for employee taxes (in shares) |
|
|
24,768
|
|
|
|
Amortization of stock-based compensation |
1,406
|
1,406
|
|
1,406
|
|
|
Common dividends |
(44,721)
|
(44,721)
|
|
|
(44,721)
|
|
Distributions to noncontrolling interests |
(7)
|
|
|
|
|
(7)
|
Contributions from noncontrolling interests |
132
|
|
|
|
|
132
|
Net income (loss) |
10,418
|
10,758
|
|
|
10,758
|
(340)
|
Ending balance (in shares) at Jun. 30, 2024 |
|
|
153,881,933
|
|
|
|
Ending balance at Jun. 30, 2024 |
1,945,773
|
1,943,689
|
$ 1,539
|
2,456,187
|
(514,037)
|
2,084
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
Issuance of common stock, net (in shares) |
|
|
17,240,925
|
|
|
|
Issuance of common stock, net |
493,644
|
493,644
|
$ 172
|
493,472
|
|
|
Amortization of stock-based compensation |
1,143
|
1,143
|
|
1,143
|
|
|
Common dividends |
(49,721)
|
(49,721)
|
|
|
(49,721)
|
|
Distributions to noncontrolling interests |
(7)
|
|
|
|
|
(7)
|
Contributions from noncontrolling interests |
628
|
|
|
|
|
628
|
Net income (loss) |
$ 33,276
|
33,441
|
|
|
33,441
|
(165)
|
Ending balance (in shares) at Sep. 30, 2024 |
171,122,858
|
|
171,122,858
|
|
|
|
Ending balance at Sep. 30, 2024 |
$ 2,424,736
|
$ 2,422,196
|
$ 1,711
|
$ 2,950,802
|
$ (530,317)
|
$ 2,540
|