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Consolidated Statements of Changes in Equity and Other Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
Common stock
Additional Paid-in Capital
Retained Earnings (Deficit)
Cumulative Dividends.
Other Comprehensive Income (Loss)
Non-controlling Interests in Operating Partnership
Total
Balance at Dec. 31, 2021 $ 444 $ 524,183 $ (4,739) $ (61,853) $ 279 $ 13,762 $ 472,076
Balance (in shares) at Dec. 31, 2021 45,474            
Increase (decrease) in shareholders' equity              
Net income     1,106     33 1,139
Issuance of stock $ 29 38,264         38,293
Issuance of stock (in shares) 2,913            
Grant of unvested restricted stock $ 1           1
Grant of unvested restricted stock (in shares) 147            
Forfeiture of unvested restricted stock (in shares) (1)            
Shares withheld for income taxes on vesting of equity-based compensation   (185)         (185)
Shares withheld for income taxes on vesting of equity-based compensation (in shares) (14)            
Stock based compensation   642         642
Dividends accrued and paid     (878) (2,428)   (68) (3,374)
Net change associated with current period hedging transactions and amortization of other comprehensive income         1,107   1,107
Adjustments to non-controlling interest resulting from changes in ownership of operating partnership   (187)       187  
Balance at Mar. 31, 2022 $ 474 562,717 (4,511) (64,281) 1,386 13,914 509,699
Balance (in shares) at Mar. 31, 2022 48,519            
Balance at Dec. 31, 2022 $ 531 647,346 3,567 (73,964) 3,306 13,218 594,004
Balance (in shares) at Dec. 31, 2022 54,318            
Increase (decrease) in shareholders' equity              
Net income     1,676     38 1,714
Issuance of stock   54         54
Issuance of stock (in shares) 5            
Grant of unvested restricted stock (in shares) 223            
Shares withheld for income taxes on vesting of equity-based compensation   (36)         (36)
Shares withheld for income taxes on vesting of equity-based compensation (in shares) (3)            
Stock based compensation   405         405
Dividends accrued and paid     (803) (3,185)   (74) (4,062)
Net change associated with current period hedging transactions and amortization of other comprehensive income         (383)   (383)
Repurchase and cancellation of shares $ (15) (14,577)         (14,592)
Repurchase and cancellation of shares (in shares) (1,458)            
Adjustments to non-controlling interest resulting from changes in ownership of operating partnership   17       (17)  
Balance at Mar. 31, 2023 $ 516 $ 633,209 $ 4,440 $ (77,149) $ 2,923 $ 13,165 $ 577,104
Balance (in shares) at Mar. 31, 2023 53,085