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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
Total
Total Stockholders’ Equity
Class T and Class I Common Stock
Additional Paid-In Capital
Accumulated Deficit
Noncontrolling Interest
Beginning balance, Shares at Dec. 31, 2018     69,254,971      
Beginning balance at Dec. 31, 2018   $ 557,672,000 $ 692,000 $ 621,759,000 $ (64,779,000)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock, shares     8,888,046      
Issuance of common stock   88,754,000 $ 89,000 88,665,000    
Offering costs - common stock   (7,569,000)   (7,569,000)    
Issuance of common stock under the DRIP, shares     608,279      
Issuance of common stock under the DRIP   5,869,000 $ 6,000 5,863,000    
Amortization of nonvested common stock compensation   39,000   39,000    
Fair value adjustment to redeemable noncontrolling interests $ (25,000) (25,000)   (25,000)    
Repurchase of common stock, shares     (132,683)      
Repurchase of common stock   (1,270,000) $ (1,000) (1,269,000)    
Dividends declared   (11,117,000)     (11,117,000)  
Net loss   (12,336,000) [1]     (12,336,000)  
Ending balance, Shares at Mar. 31, 2019     78,618,613      
Ending balance at Mar. 31, 2019   620,017,000 $ 786,000 707,463,000 (88,232,000)  
Beginning balance, Shares at Dec. 31, 2019     79,899,874      
Beginning balance at Dec. 31, 2019 590,079,000 590,079,000 $ 798,000 719,894,000 (130,613,000)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Offering costs - common stock (1,000) (1,000)   (1,000)    
Issuance of common stock under the DRIP, shares     674,756      
Issuance of common stock under the DRIP 6,437,000 6,437,000 $ 7,000 6,430,000    
Amortization of nonvested common stock compensation 43,000 43,000   43,000    
Contribution from noncontrolling interest 1,250,000         $ 1,250,000
Fair value adjustment to redeemable noncontrolling interests (108,000) (108,000)   (108,000)    
Dividends declared (12,019,000) (12,019,000)     (12,019,000)  
Net loss (7,850,000) [1] (7,766,000)     (7,766,000) (84,000)
Ending balance, Shares at Mar. 31, 2020     80,574,630      
Ending balance at Mar. 31, 2020 $ 577,831,000 $ 576,665,000 $ 805,000 $ 726,258,000 $ (150,398,000) $ 1,166,000
[1] Amount excludes $83,000 and $25,000 of net loss attributable to redeemable noncontrolling interests for the three months ended March 31, 2020 and 2019, respectively. See Note 11, Redeemable Noncontrolling Interests, for a further discussion.