Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2023

Stockholders' Equity Note [Abstract]

Schedule of Paid Distributions and Declared Distributions

The following characterizes distributions paid per common share for the years ended December 31, 2023, 2022, and 2021:

	Year Ended December 31,
	2023		2022		2021
Ordinary income	63.91	%	99.07	%	—	%
Return of capital	36.09	%	0.93	%	—	%
Capital gain	—	%	—	%	—	%
Unrecaptured Section 1250 gain	—	%	—	%	—	%
	100.00	%	100.00	%	—	%

In 2023, our Board of Trustees declared distributions on our series D preferred shares to date as follows:

Declaration Date	Record Date	Payment Date	Dividend Per Share
January 13, 2023	January 31, 2023	February 15, 2023	$	0.40625
April 13, 2023	April 28, 2023	May 15, 2023	$	0.40625
July 13, 2023	July 31, 2023	August 15, 2023	$	0.40625
October 16, 2023	October 31, 2023	November 15, 2023	$	0.40625

The following characterizes distributions paid per preferred share for the years ended December 31, 2023, 2022, and 2021:

	Year Ended December 31,
	2023		2022		2021
Ordinary income	100.00	%	100.00	%	—	%
Return of capital	—	%	—	%	100.00	%
Capital gain	—	%	—	%	—	%
Unrecaptured Section 1250 gain	—	%	—	%	—	%
	100.0	%	100.0	%	100.00	%