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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Cumulative-effect adjustment upon adoption of ASU 2016-13
Total Stockholders’ Equity
Total Stockholders’ Equity
Cumulative-effect adjustment upon adoption of ASU 2016-13
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
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
Beginning balance (in shares) at Dec. 31, 2022         22,737,853                                      
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    
Beginning balance (in shares) at Dec. 31, 2022           13,570,353             5,956,147         48,857       7,565,349    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                
Acquisition of non-controlling interests 5,002                 5,002                            
Stock-based compensation expense 55   55       55                                  
Common dividends ($0.085 per share) (1,933)   (1,933)         (1,933)                                
Issuance of Series A1 Preferred Stock (in shares)                         1,032,433                      
Issuance of Series A1 Preferred Stock                     $ 23,278 $ 23,278 $ 25,569 $ (2,291)                    
Redemption of Series A1 Preferred Stock (in shares)                         (12,870)                 (189,753)    
Redemption of Series A1 Preferred Stock                     (302) (302) $ (319) 28 $ (11)         $ (4,682) $ (4,682) $ (4,723) $ 403 $ (362)
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 8,812 $ 9,699 (887)  
Net loss (7,576)   (6,951)         (6,951)   (625)                            
Ending balance (in shares) at Mar. 31, 2023         22,737,853                                      
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    
Ending balance (in shares) at Mar. 31, 2023           14,789,488             6,975,710         48,857       7,764,921    
Beginning balance (in shares) at Dec. 31, 2023         22,786,741                                      
Beginning balance at Dec. 31, 2023 376,769   374,403   $ 23 $ 443,829 852,476 (921,925)   2,366     $ 256,935         $ 1,190       $ 185,704    
Beginning balance (in shares) at Dec. 31, 2023           17,858,629         10,378,343   10,378,343     48,447   48,447   7,431,839   7,431,839    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                
Stock-based compensation expense 55   55       55                                  
Common dividends ($0.085 per share) (1,937)   (1,937)         (1,937)                                
Issuance of Series A1 Preferred Stock (in shares)                         853,879                      
Issuance of Series A1 Preferred Stock                     $ 19,066 19,066 $ 21,246 (2,180)                    
Redemption of Series A1 Preferred Stock (in shares)                         (24,046)                 (389,506)    
Redemption of Series A1 Preferred Stock                     (567) (567) $ (595) $ 52 (24)         $ (9,643) (9,643) $ (9,698) $ 831 (776)
Dividends to holders of Preferred Stock                     $ (5,251) $ (5,251)     $ (5,251) $ (17) $ (17)   $ (17) $ (2,491) $ (2,491)     $ (2,491)
Reclassification of Series A Preferred stock to permanent equity 0                                              
Net loss $ (3,905)   (3,730)         (3,730)   (175)                            
Ending balance (in shares) at Mar. 31, 2024 22,786,741       22,786,741                                      
Ending balance at Mar. 31, 2024 $ 372,079   $ 369,888   $ 23 $ 454,782 $ 851,234 $ (936,151)   $ 2,191     $ 277,586         $ 1,190       $ 176,006    
Ending balance (in shares) at Mar. 31, 2024           18,298,956         11,208,176   11,208,176     48,447   48,447   7,042,333   7,042,333