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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Cumulative-effect adjustment upon adoption of ASU 2016-13 (Note 2)
Total Stockholders’ Equity
Total Stockholders’ Equity
Cumulative-effect adjustment upon adoption of ASU 2016-13 (Note 2)
Common Stock
Preferred Stock
Additional Paid-in Capital
Distributions in Excess of Earnings
Distributions in Excess of Earnings
Cumulative-effect adjustment upon adoption of ASU 2016-13 (Note 2)
Non-controlling Interests
Series A1 Preferred Stock
Series A1 Preferred Stock
Total Stockholders’ Equity
Series A1 Preferred Stock
Preferred Stock
Series A1 Preferred Stock
Additional Paid-in Capital
Series A1 Preferred Stock
Distributions in Excess of Earnings
Series D Preferred Stock
Series D Preferred Stock
Total Stockholders’ Equity
Series D Preferred Stock
Preferred Stock
Series D Preferred Stock
Distributions in Excess of Earnings
Series A Preferred Stock
Series A Preferred Stock
Total Stockholders’ Equity
Series A Preferred Stock
Preferred Stock
Series A Preferred Stock
Additional Paid-in Capital
Series A Preferred Stock
Distributions in Excess of Earnings
Series L Preferred Stock
Preferred Stock
Beginning balance (in shares) at Dec. 31, 2021         23,369,331                                        
Beginning balance (in shares) at Dec. 31, 2021           11,715,354             0         56,857       6,271,337     5,387,160
Beginning balance at Dec. 31, 2021 $ 373,549   $ 373,204   $ 24 $ 310,661 $ 866,746 $ (804,227)   $ 345     $ 0         $ 1,396       $ 156,431     $ 152,834
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Stock based compensation expense 55   55       55                                    
Common dividends (1,986)   (1,986)         (1,986)                                  
Dividends to holders of Preferred Stock                               $ (21) $ (21)   $ (21) $ (2,896) $ (2,896)     $ (2,896)  
Reclassification of Series A Preferred stock to permanent equity (in shares)                                           329,921      
Reclassification of Series A Preferred stock to permanent equity                                       7,667 7,667 $ 8,304 $ (637)    
Redeemable preferred stock accretion (15)   (15)         (15)                                  
Redemption of Preferred Stock (in shares)                                           (49,341)      
Redemption of Preferred Stock                                       $ (1,195) (1,195) $ (1,228) 108 (75)  
Net income (loss) 2,302   2,297         2,297   5                              
Ending balance (in shares) at Mar. 31, 2022         23,369,331                                        
Ending balance (in shares) at Mar. 31, 2022           11,995,934             0         56,857       6,551,917     5,387,160
Ending balance at Mar. 31, 2022 $ 377,460   377,110   $ 24 $ 317,737 866,272 (806,923)   350     $ 0         $ 1,396       $ 163,507     $ 152,834
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Cash Dividend Per Share of Common Stock (in usd per share) $ 0.085                                                
Preferred Stock, Dividends, Per Share, Cash Paid                               $ 0.35313       $ 0.34375          
Beginning balance (in shares) at Dec. 31, 2021         23,369,331                                        
Beginning balance (in shares) at Dec. 31, 2021           11,715,354             0         56,857       6,271,337     5,387,160
Beginning balance at Dec. 31, 2021 $ 373,549   373,204   $ 24 $ 310,661 866,746 (804,227)   345     $ 0         $ 1,396       $ 156,431     $ 152,834
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Reclassification of Series A Preferred stock to permanent equity 17,335                                                
Net income (loss) 5,233                                                
Ending balance (in shares) at Jun. 30, 2022         23,358,941                                        
Ending balance (in shares) at Jun. 30, 2022           12,530,231             192,440         56,857       6,893,774     5,387,160
Ending balance at Jun. 30, 2022 387,006   386,645   $ 24 $ 331,176 864,602 (809,157)   361     $ 4,770         $ 1,396       $ 172,176     $ 152,834
Beginning balance (in shares) at Dec. 31, 2021         23,369,331                                        
Beginning balance (in shares) at Dec. 31, 2021           11,715,354             0         56,857       6,271,337     5,387,160
Beginning balance at Dec. 31, 2021 $ 373,549   373,204   $ 24 $ 310,661 866,746 (804,227)   345     $ 0         $ 1,396       $ 156,431     $ 152,834
Ending balance (in shares) at Dec. 31, 2022 22,737,853       22,737,853                                        
Ending balance (in shares) at Dec. 31, 2022           13,570,353         5,956,147   5,956,147     48,857   48,857   7,565,349   7,565,349     0
Ending balance at Dec. 31, 2022 $ 362,033 $ (619) 361,660 $ (619) $ 23 $ 337,762 861,721 (837,846) $ (619) 373     $ 147,514         $ 1,200       $ 189,048     $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2016-13 [Member]                                                
Beginning balance (in shares) at Mar. 31, 2022         23,369,331                                        
Beginning balance (in shares) at Mar. 31, 2022           11,995,934             0         56,857       6,551,917     5,387,160
Beginning balance at Mar. 31, 2022 $ 377,460   377,110   $ 24 $ 317,737 866,272 (806,923)   350     $ 0         $ 1,396       $ 163,507     $ 152,834
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Adjustment to noncontrolling interests 5                 5                              
Distributions to noncontrolling interests (3)                 (3)                              
Stock based compensation expense (in shares)         30,984                                        
Stock based compensation expense 37   37       37                                    
Repurchase of common stock (in shares)         (41,374)                                        
Repurchase of common stock (303)   (303)       (303)                                    
Common dividends (1,986)   (1,986)         (1,986)                                  
Issuance of Preferred Stock ( in shares )                         192,440                        
Issuance of Preferred Stock                     $ 4,354 $ 4,354 $ 4,770 $ (416)                      
Dividends to holders of Preferred Stock                     $ (79) (79)     $ (79) $ (21) (21)   (21) $ (2,960) (2,960)     (2,960)  
Reclassification of Series A Preferred stock to permanent equity (in shares)                                           430,082      
Reclassification of Series A Preferred stock to permanent equity                                       9,668 9,668 $ 10,857 (1,189)    
Redeemable preferred stock accretion (4)   (4)         (4)                                  
Redemption of Preferred Stock (in shares)                                           (88,225)      
Redemption of Preferred Stock                                       $ (2,093) (2,093) $ (2,188) 201 (106)  
Net income (loss) 2,931   2,922         2,922   9                              
Ending balance (in shares) at Jun. 30, 2022         23,358,941                                        
Ending balance (in shares) at Jun. 30, 2022           12,530,231             192,440         56,857       6,893,774     5,387,160
Ending balance at Jun. 30, 2022 $ 387,006   386,645   $ 24 $ 331,176 864,602 (809,157)   361     $ 4,770         $ 1,396       $ 172,176     $ 152,834
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Cash Dividend Per Share of Common Stock (in usd per share) $ 0.085                                                
Preferred Stock, Dividends, Per Share, Cash Paid                     $ 0.37500         $ 0.35313       $ 0.34375          
Beginning balance (in shares) at Dec. 31, 2022 22,737,853       22,737,853                                        
Beginning balance (in shares) at Dec. 31, 2022           13,570,353         5,956,147   5,956,147     48,857   48,857   7,565,349   7,565,349     0
Beginning balance at Dec. 31, 2022 $ 362,033 (619) 361,660 (619) $ 23 $ 337,762 861,721 (837,846) (619) 373     $ 147,514         $ 1,200       $ 189,048     $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Adjustment to noncontrolling interests 5,002                 5,002                              
Stock based compensation expense 55   55       55                                    
Common dividends (1,933)   (1,933)         (1,933)                                  
Issuance of Preferred Stock ( in shares )                         1,032,433                        
Issuance of Preferred Stock                     $ 23,278 23,278 $ 25,569 (2,291)                      
Dividends to holders of Preferred Stock                     (2,559) (2,559)     (2,559) $ (17) (17)   (17) $ (2,810) (2,810)     (2,810)  
Reclassification of Series A Preferred stock to permanent equity (in shares)                                           389,325      
Reclassification of Series A Preferred stock to permanent equity                                       8,812 8,812 $ 9,699 (887)    
Redemption of Preferred Stock (in shares)                         (12,870)                 (189,753)      
Redemption of Preferred Stock                     $ (302) (302) $ (319) 28 (11)         $ (4,682) (4,682) $ (4,723) 403 (362)  
Net income (loss) (7,576)   (6,951)         (6,951)   (625)                              
Ending balance (in shares) at Mar. 31, 2023         22,737,853                                        
Ending balance (in shares) at Mar. 31, 2023           14,789,488             6,975,710         48,857       7,764,921     0
Ending balance at Mar. 31, 2023 $ 378,682   373,932   $ 23 $ 367,988 859,029 (853,108)   4,750     $ 172,764         $ 1,200       $ 194,024     $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Cash Dividend Per Share of Common Stock (in usd per share) $ 0.085                                                
Preferred Stock, Dividends, Per Share, Cash Paid                     $ 0.39563         $ 0.35313       $ 0.34375          
Beginning balance (in shares) at Dec. 31, 2022 22,737,853       22,737,853                                        
Beginning balance (in shares) at Dec. 31, 2022           13,570,353         5,956,147   5,956,147     48,857   48,857   7,565,349   7,565,349     0
Beginning balance at Dec. 31, 2022 $ 362,033 $ (619) 361,660 $ (619) $ 23 $ 337,762 861,721 (837,846) $ (619) 373     $ 147,514         $ 1,200       $ 189,048     $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Repurchase of common stock (in shares) 0                                                
Reclassification of Series A Preferred stock to permanent equity $ 15,616                                                
Net income (loss) $ (25,937)                                                
Ending balance (in shares) at Jun. 30, 2023 22,737,853       22,737,853                                        
Ending balance (in shares) at Jun. 30, 2023           16,090,504         8,160,099   8,160,099     48,447   48,447   7,881,958   7,881,958     0
Ending balance at Jun. 30, 2023 $ 381,322   377,574   $ 23 $ 400,170 856,235 (878,854)   3,748     $ 202,069         $ 1,190       $ 196,911     $ 0
Beginning balance (in shares) at Mar. 31, 2023         22,737,853                                        
Beginning balance (in shares) at Mar. 31, 2023           14,789,488             6,975,710         48,857       7,764,921     0
Beginning balance at Mar. 31, 2023 378,682   373,932   $ 23 $ 367,988 859,029 (853,108)   4,750     $ 172,764         $ 1,200       $ 194,024     $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Adjustment to noncontrolling interests 0                                                
Distributions to noncontrolling interests 0                                                
Stock based compensation expense $ 37   37       37                                    
Repurchase of common stock (in shares) 0                                                
Common dividends $ (1,933)   (1,933)         (1,933)                                  
Issuance of Preferred Stock ( in shares )                         1,195,589                        
Issuance of Preferred Stock                     $ 26,985 26,985 $ 29,582 (2,597)                      
Dividends to holders of Preferred Stock                     (3,373) (3,373)     (3,373) $ (17) (17)   $ (17) $ (2,749) (2,749)     (2,749)  
Reclassification of Series A Preferred stock to permanent equity (in shares)                                           300,846      
Reclassification of Series A Preferred stock to permanent equity                                       6,804 6,804 $ 7,462 (658)    
Redemption of Preferred Stock (in shares)                         (11,200)         (410)       (183,809)      
Redemption of Preferred Stock                     $ (278) $ (278) $ (277) $ 23 $ (24) $ (10) $ (10) $ (10)   $ (4,465) $ (4,465) $ (4,575) $ 401 $ (291)  
Net income (loss) $ (18,361)   (17,359)         (17,359)   (1,002)                              
Ending balance (in shares) at Jun. 30, 2023 22,737,853       22,737,853                                        
Ending balance (in shares) at Jun. 30, 2023           16,090,504         8,160,099   8,160,099     48,447   48,447   7,881,958   7,881,958     0
Ending balance at Jun. 30, 2023 $ 381,322   $ 377,574   $ 23 $ 400,170 $ 856,235 $ (878,854)   $ 3,748     $ 202,069         $ 1,190       $ 196,911     $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Cash Dividend Per Share of Common Stock (in usd per share) $ 0.085                                                
Preferred Stock, Dividends, Per Share, Cash Paid                     $ 0.4425         $ 0.35313       $ 0.34375