v3.24.2
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Series C Preferred Stock
Series E Preferred Units
PREFERRED SHARES
COMMON SHARES
COMMON SHARES
Series E Preferred Units
ACCUMULATED DISTRIBUTIONS IN EXCESS OF NET INCOME (LOSS)
ACCUMULATED DISTRIBUTIONS IN EXCESS OF NET INCOME (LOSS)
Series C Preferred Stock
ACCUMULATED OTHER COMPREHENSIVE LOSS
NONCONTROLLING INTERESTS
NONCONTROLLING INTERESTS
Series E Preferred Units
Beginning balance at Dec. 31, 2022 $ 950,296     $ 93,530 $ 1,177,484   $ (539,422)   $ (2,055) $ 220,759  
Beginning balance (in shares) at Dec. 31, 2022         15,020            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net loss attributable to controlling interests and noncontrolling interests 49,627           41,708     7,919  
Amortization of swap settlements 297               297    
Distributions - common shares and Units (23,276)           (21,868)     (1,408)  
Distributions - Series C preferred shares (3,214) $ (3,214)           $ (3,214)      
Distributions - Series E preferred stock     $ (3,394)               $ (3,394)
Share-based compensation, net of forfeitures (in shares)         19            
Share-based compensation, net of forfeitures 2,109       $ 2,109            
Redemption of Units for common shares (in shares)         10 25          
Redemption of Units for common shares 0   0   $ (1,021) $ (2,120)       1,021 2,120
Shares repurchased (in shares)         (124)            
Shares repurchased (6,718)       $ (6,718)            
Shares withheld for taxes (179)       $ (179)            
Other (in shares)         (1)            
Other (140)       $ (54)         (86)  
Ending balance at Jun. 30, 2023 965,408     93,530 $ 1,169,501   (522,796)   (1,758) 226,931  
Ending balance (in shares) at Jun. 30, 2023         14,949            
Beginning balance at Mar. 31, 2023 987,805     93,530 $ 1,176,059   (508,420)   (1,917) 228,553  
Beginning balance (in shares) at Mar. 31, 2023         15,032            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net loss attributable to controlling interests and noncontrolling interests (2,540)           (1,863)     (677)  
Amortization of swap settlements 159               159    
Distributions - common shares and Units (11,608)           (10,906)     (702)  
Distributions - Series C preferred shares (1,607) (1,607)           (1,607)      
Distributions - Series E preferred stock     (1,690)               (1,690)
Share-based compensation, net of forfeitures (in shares)         7            
Share-based compensation, net of forfeitures 590       $ 590            
Redemption of Units for common shares (in shares)         6 9          
Redemption of Units for common shares 0   0   $ (324) $ (1,185)       324 1,185
Shares repurchased (in shares)         (105)            
Shares repurchased (5,696)       $ (5,696)            
Other (5)       57         (62)  
Ending balance at Jun. 30, 2023 965,408     93,530 $ 1,169,501   (522,796)   (1,758) 226,931  
Ending balance (in shares) at Jun. 30, 2023         14,949            
Beginning balance at Dec. 31, 2023 931,025     93,530 $ 1,165,694   (548,273)   (1,119) 221,193  
Beginning balance (in shares) at Dec. 31, 2023         14,963            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net loss attributable to controlling interests and noncontrolling interests (6,775)           (5,201)     (1,574)  
Amortization of swap settlements 370               370    
Distributions - common shares and Units (23,712)           (22,451)     (1,261)  
Distributions - Series C preferred shares (3,214) (3,214)           (3,214)      
Distributions - Series E preferred stock     (3,329)               (3,329)
Share-based compensation, net of forfeitures (in shares)         13            
Share-based compensation, net of forfeitures $ 1,481       $ 1,481            
Sale of common shares, net (in shares) 110                    
Sale of common shares, net $ 7,320                    
Redemption of Units for common shares (in shares)         33 25          
Redemption of Units for common shares 0   0   $ (1,367) $ (1,220)       1,367 1,220
Shares repurchased (in shares)         (88)            
Shares repurchased (4,703)       $ (4,703)            
Shares withheld for taxes (121)       $ (121)            
Other (in shares)         1            
Other (45)       $ (29)         (16)  
Ending balance at Jun. 30, 2024 898,297     93,530 $ 1,167,055   (579,139)   (749) 217,600  
Ending balance (in shares) at Jun. 30, 2024         15,057            
Beginning balance at Mar. 31, 2024 907,085     93,530 $ 1,160,492   (564,951)   (922) 218,936  
Beginning balance (in shares) at Mar. 31, 2024         14,912            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net loss attributable to controlling interests and noncontrolling interests (1,823)           (1,296)     (527)  
Amortization of swap settlements 173               173    
Distributions - common shares and Units (11,907)           (11,285)     (622)  
Distributions - Series C preferred shares (1,607) $ (1,607)           $ (1,607)      
Distributions - Series E preferred stock     (1,658)               (1,658)
Share-based compensation, net of forfeitures (in shares)         10            
Share-based compensation, net of forfeitures $ 733       $ 733            
Sale of common shares, net (in shares) 110                    
Sale of common shares, net $ 7,320                    
Redemption of Units for common shares (in shares)         16 9          
Redemption of Units for common shares 0   $ 0   $ (969) $ (518)       969 $ 518
Other (19)       (3)         (16)  
Ending balance at Jun. 30, 2024 $ 898,297     $ 93,530 $ 1,167,055   $ (579,139)   $ (749) $ 217,600  
Ending balance (in shares) at Jun. 30, 2024         15,057