XML 96 R6.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Distributions in Excess of Earnings
Non-controlling Interests
Series A Preferred Stock
Preferred Stock
Series L Preferred Stock
Preferred Stock
Beginning balance (in shares) at Dec. 31, 2017   14,594,979         60,592 8,080,740
Beginning balance at Dec. 31, 2017 $ 626,705 $ 44 $ 792,631 $ 1,631 $ (399,250) $ 890 $ 1,508 $ 229,251
Increase (Decrease) in Stockholders' Equity                
Stock-based compensation expense 38   38          
Common dividends [1] (5,473)       (5,473)      
Issuance of Series A Preferred Warrants 17   17          
Dividends to holders of Series A Preferred Stock ($0.34375 per share) (493)       (493)      
Reclassification of Series A Preferred Stock to permanent equity (in shares)             82,841  
Reclassification of Series A Preferred Stock to permanent equity 1,885   (175)       $ 2,060  
Redemption of Series A Preferred Stock 1   1          
Other comprehensive income (loss) 1,183     1,183        
NET INCOME (LOSS) 622       618 4    
Ending balance (in shares) at Mar. 31, 2018   14,594,979         143,433 8,080,740
Ending balance at Mar. 31, 2018 624,485 $ 44 792,512 2,814 (404,598) 894 $ 3,568 $ 229,251
Beginning balance (in shares) at Dec. 31, 2017   14,594,979         60,592 8,080,740
Beginning balance at Dec. 31, 2017 626,705 $ 44 792,631 1,631 (399,250) 890 $ 1,508 $ 229,251
Increase (Decrease) in Stockholders' Equity                
Reclassification of Series A Preferred Stock to permanent equity 11,517              
Other comprehensive income (loss) 1,407              
NET INCOME (LOSS) 2,042              
Ending balance (in shares) at Sep. 30, 2018   14,598,357         566,176 8,080,740
Ending balance at Sep. 30, 2018 623,438 $ 44 791,773 3,038 (415,568) 838 $ 14,062 $ 229,251
Beginning balance (in shares) at Mar. 31, 2018   14,594,979         143,433 8,080,740
Beginning balance at Mar. 31, 2018 624,485 $ 44 792,512 2,814 (404,598) 894 $ 3,568 $ 229,251
Increase (Decrease) in Stockholders' Equity                
Distributions to noncontrolling interests (67)         (67)    
Stock-based compensation expense (in shares)   3,378            
Stock-based compensation expense 48   48          
Common dividends [1] (5,474)       (5,474)      
Issuance of Series A Preferred Warrants 23   23          
Dividends to holders of Series A Preferred Stock ($0.34375 per share) (662)       (662)      
Reclassification of Series A Preferred Stock to permanent equity (in shares)             164,077  
Reclassification of Series A Preferred Stock to permanent equity 3,730   (339)       $ 4,069  
Redemption of Series A Preferred Stock 1   1          
Other comprehensive income (loss) 407     407        
NET INCOME (LOSS) 1,949       1,937 12    
Ending balance (in shares) at Jun. 30, 2018   14,598,357         307,510 8,080,740
Ending balance at Jun. 30, 2018 624,440 $ 44 792,245 3,221 (408,797) 839 $ 7,637 $ 229,251
Increase (Decrease) in Stockholders' Equity                
Stock-based compensation expense 38   38          
Common dividends [1] (5,474)       (5,474)      
Issuance of Series A Preferred Warrants 22   22          
Dividends to holders of Series A Preferred Stock ($0.34375 per share) (769)       (769)      
Reclassification of Series A Preferred Stock to permanent equity (in shares)             259,066  
Reclassification of Series A Preferred Stock to permanent equity 5,902   (533)       $ 6,435  
Redemption of Series A Preferred Stock (in shares)             (400)  
Redemption of Series A Preferred Stock (9)   1       $ (10)  
Other comprehensive income (loss) (183)     (183)        
NET INCOME (LOSS) (529)       (528) (1)    
Ending balance (in shares) at Sep. 30, 2018   14,598,357         566,176 8,080,740
Ending balance at Sep. 30, 2018 623,438 $ 44 791,773 3,038 (415,568) 838 $ 14,062 $ 229,251
Beginning balance (in shares) at Dec. 31, 2018   14,598,357         1,281,804 8,080,740
Beginning balance at Dec. 31, 2018 617,275 $ 44 790,354 1,806 (436,883) 837 $ 31,866 $ 229,251
Increase (Decrease) in Stockholders' Equity                
Stock-based compensation expense 38   38          
Common dividends [1] (5,474)       (5,474)      
Issuance of Series A Preferred Warrants 9   9          
Dividends to holders of Series A Preferred Stock ($0.34375 per share) (1,010)       (1,010)      
Reclassification of Series A Preferred Stock to permanent equity (in shares)             389,577  
Reclassification of Series A Preferred Stock to permanent equity 8,890   (822)       $ 9,712  
Redemption of Series A Preferred Stock (in shares)             (1,500)  
Redemption of Series A Preferred Stock (38)   (1)       $ (37)  
Other comprehensive income (loss) (1,806)     (1,806)        
NET INCOME (LOSS) 291,623       291,797 (174)    
Ending balance (in shares) at Mar. 31, 2019   14,598,357         1,669,881 8,080,740
Ending balance at Mar. 31, 2019 909,507 $ 44 789,578 0 (151,570) 663 $ 41,541 $ 229,251
Beginning balance (in shares) at Dec. 31, 2018   14,598,357         1,281,804 8,080,740
Beginning balance at Dec. 31, 2018 617,275 $ 44 790,354 1,806 (436,883) 837 $ 31,866 $ 229,251
Increase (Decrease) in Stockholders' Equity                
Extinguishment of noncontrolling interest (113)              
Reclassification of Series A Preferred Stock to permanent equity 26,729              
Other comprehensive income (loss) (1,806)              
NET INCOME (LOSS) 347,046              
Ending balance (in shares) at Sep. 30, 2019   14,602,149         2,450,417 8,080,740
Ending balance at Sep. 30, 2019 360,601 $ 15 788,342 0 (718,493) 499 $ 60,987 $ 229,251
Beginning balance (in shares) at Mar. 31, 2019   14,598,357         1,669,881 8,080,740
Beginning balance at Mar. 31, 2019 909,507 $ 44 789,578 0 (151,570) 663 $ 41,541 $ 229,251
Increase (Decrease) in Stockholders' Equity                
Distributions to noncontrolling interests (47)         (47)    
Stock-based compensation expense (in shares)   3,556            
Stock-based compensation expense 44   44          
Common dividends [1] (5,476)       (5,476)      
Issuance of Series A Preferred Warrants 31   31          
Dividends to holders of Series A Preferred Stock ($0.34375 per share) (1,150)       (1,150)      
Reclassification of Series A Preferred Stock to permanent equity (in shares)             474,462  
Reclassification of Series A Preferred Stock to permanent equity 10,825   (1,002)       $ 11,827  
Redemption of Series A Preferred Stock (in shares)             (1,667)  
Redemption of Series A Preferred Stock (41)   4   (4)   $ (41)  
NET INCOME (LOSS) 52,567       52,566 1    
Ending balance (in shares) at Jun. 30, 2019   14,601,913         2,142,676 8,080,740
Ending balance at Jun. 30, 2019 966,260 $ 44 788,655 0 (105,634) 617 $ 53,327 $ 229,251
Increase (Decrease) in Stockholders' Equity                
Contributions to noncontrolling interests 455         455    
Distributions to noncontrolling interests (468)         (468)    
Extinguishment of noncontrolling interest (113)         (113)    
Stock-based compensation expense (in shares)   324            
Stock-based compensation expense 56   56          
Retirement of fractional shares (1)   (1)          
Retirement of fractional shares (in shares)   (88)            
Change in par value 0 $ (29) 29          
Special cash dividends ($42.00 per share) (613,294)       (613,294)      
Common dividends [1] (1,095)       (1,095)      
Issuance of Series A Preferred Warrants 252   252          
Dividends to holders of Series A Preferred Stock ($0.34375 per share) (1,318)       (1,318)      
Reclassification of Series A Preferred Stock to permanent equity (in shares)             307,856  
Reclassification of Series A Preferred Stock to permanent equity 7,014   (649)       $ 7,663  
Redemption of Series A Preferred Stock (in shares)             (115)  
Redemption of Series A Preferred Stock (3)           $ (3)  
Other comprehensive income (loss) 0              
NET INCOME (LOSS) 2,856       2,848 8    
Ending balance (in shares) at Sep. 30, 2019   14,602,149         2,450,417 8,080,740
Ending balance at Sep. 30, 2019 $ 360,601 $ 15 $ 788,342 $ 0 $ (718,493) $ 499 $ 60,987 $ 229,251
[1] All share and per share amounts have been adjusted to give retroactive effect to the one-for-three reverse stock split of our common stock effected on September 3, 2019.