CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands |
Total |
Total Equity Attributable to Common Shareholders |
Common Shares |
Additional Paid In Capital |
Cumulative Net (Deficit) Income |
Cumulative Other Comprehensive (Loss) Income |
Cumulative Common Distributions |
Noncontrolling Interests |
| Beginning balance (in shares) at Dec. 31, 2023 |
|
|
65,843,387
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2023 |
$ 1,161,779
|
$ 669,954
|
$ 658
|
$ 1,015,777
|
$ 9,196
|
$ 10,171
|
$ (365,848)
|
$ 491,825
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
| Net loss |
(33,902)
|
(23,403)
|
|
|
(23,403)
|
|
|
(10,499)
|
| Share grants, repurchases and forfeitures (in shares) |
|
|
(11,857)
|
|
|
|
|
|
| Share grants, repurchases and forfeitures |
290
|
290
|
|
290
|
|
|
|
|
| Distributions to common shareholders |
(658)
|
(658)
|
|
|
|
|
(658)
|
|
| Other comprehensive loss |
(4,846)
|
(2,958)
|
|
|
|
(2,958)
|
|
(1,888)
|
| Distributions to noncontrolling interest |
(163)
|
|
|
|
|
|
|
(163)
|
| Ending balance (in shares) at Mar. 31, 2024 |
|
|
65,831,530
|
|
|
|
|
|
| Ending balance at Mar. 31, 2024 |
1,122,500
|
643,225
|
$ 658
|
1,016,067
|
(14,207)
|
7,213
|
(366,506)
|
479,275
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
| Net loss |
(33,479)
|
(23,175)
|
|
|
(23,175)
|
|
|
(10,304)
|
| Share grants, repurchases and forfeitures (in shares) |
|
|
160,979
|
|
|
|
|
|
| Share grants, repurchases and forfeitures |
915
|
915
|
$ 2
|
913
|
|
|
|
|
| Distributions to common shareholders |
(659)
|
(659)
|
|
|
|
|
(659)
|
|
| Other comprehensive loss |
(1,510)
|
(1,978)
|
|
|
|
(1,978)
|
|
468
|
| Ending balance (in shares) at Jun. 30, 2024 |
|
|
65,992,509
|
|
|
|
|
|
| Ending balance at Jun. 30, 2024 |
1,087,767
|
618,328
|
$ 660
|
1,016,980
|
(37,382)
|
5,235
|
(367,165)
|
469,439
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
| Net loss |
(35,407)
|
(24,990)
|
|
|
(24,990)
|
|
|
(10,417)
|
| Share grants, repurchases and forfeitures (in shares) |
|
|
151,913
|
|
|
|
|
|
| Share grants, repurchases and forfeitures |
193
|
193
|
$ 1
|
192
|
|
|
|
|
| Distributions to common shareholders |
(659)
|
(659)
|
|
|
|
|
(659)
|
|
| Other comprehensive loss |
(8,972)
|
(6,984)
|
|
|
|
(6,984)
|
|
(1,988)
|
| Distributions to noncontrolling interest |
(163)
|
|
|
|
|
|
|
(163)
|
| Ending balance (in shares) at Sep. 30, 2024 |
|
|
66,144,422
|
|
|
|
|
|
| Ending balance at Sep. 30, 2024 |
$ 1,042,759
|
585,888
|
$ 661
|
1,017,172
|
(62,372)
|
(1,749)
|
(367,824)
|
456,871
|
| Beginning balance (in shares) at Dec. 31, 2024 |
66,144,308
|
|
66,144,308
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2024 |
$ 1,009,330
|
562,019
|
$ 661
|
1,017,382
|
(86,473)
|
(1,065)
|
(368,486)
|
447,311
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
| Net loss |
(31,169)
|
(21,532)
|
|
|
(21,532)
|
|
|
(9,637)
|
| Share grants, repurchases and forfeitures (in shares) |
|
|
(604)
|
|
|
|
|
|
| Share grants, repurchases and forfeitures |
245
|
245
|
|
245
|
|
|
|
|
| Distributions to common shareholders |
(661)
|
(661)
|
|
|
|
|
(661)
|
|
| Other comprehensive loss |
(802)
|
(546)
|
|
|
|
(546)
|
|
(256)
|
| Distributions to noncontrolling interest |
(30)
|
|
|
|
|
|
|
(30)
|
| Ending balance (in shares) at Mar. 31, 2025 |
|
|
66,143,704
|
|
|
|
|
|
| Ending balance at Mar. 31, 2025 |
$ 976,913
|
539,525
|
$ 661
|
1,017,627
|
(108,005)
|
(1,611)
|
(369,147)
|
437,388
|
| Beginning balance (in shares) at Dec. 31, 2024 |
66,144,308
|
|
66,144,308
|
|
|
|
|
|
| Beginning balance at Dec. 31, 2024 |
$ 1,009,330
|
562,019
|
$ 661
|
1,017,382
|
(86,473)
|
(1,065)
|
(368,486)
|
447,311
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
| Distributions to common shareholders |
$ (4,640)
|
|
|
|
|
|
|
|
| Ending balance (in shares) at Sep. 30, 2025 |
66,659,235
|
|
66,659,235
|
|
|
|
|
|
| Ending balance at Sep. 30, 2025 |
$ 913,630
|
494,120
|
$ 667
|
1,018,740
|
(150,880)
|
(1,281)
|
(373,126)
|
419,510
|
| Beginning balance (in shares) at Mar. 31, 2025 |
|
|
66,143,704
|
|
|
|
|
|
| Beginning balance at Mar. 31, 2025 |
976,913
|
539,525
|
$ 661
|
1,017,627
|
(108,005)
|
(1,611)
|
(369,147)
|
437,388
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
| Net loss |
(30,394)
|
(21,310)
|
|
|
(21,310)
|
|
|
(9,084)
|
| Share grants, repurchases and forfeitures (in shares) |
|
|
192,295
|
|
|
|
|
|
| Share grants, repurchases and forfeitures |
849
|
849
|
$ 2
|
847
|
|
|
|
|
| Distributions to common shareholders |
(662)
|
(662)
|
|
|
|
|
(662)
|
|
| Other comprehensive loss |
1,058
|
712
|
|
|
|
712
|
|
346
|
| Ending balance (in shares) at Jun. 30, 2025 |
|
|
66,335,999
|
|
|
|
|
|
| Ending balance at Jun. 30, 2025 |
947,764
|
519,114
|
$ 663
|
1,018,474
|
(129,315)
|
(899)
|
(369,809)
|
428,650
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
| Net loss |
(30,431)
|
(21,565)
|
|
|
(21,565)
|
|
|
(8,866)
|
| Share grants, repurchases and forfeitures (in shares) |
|
|
323,236
|
|
|
|
|
|
| Share grants, repurchases and forfeitures |
270
|
270
|
$ 4
|
266
|
|
|
|
|
| Distributions to common shareholders |
(3,317)
|
(3,317)
|
|
|
|
|
(3,317)
|
|
| Other comprehensive loss |
(626)
|
(382)
|
|
|
|
(382)
|
|
(244)
|
| Distributions to noncontrolling interest |
$ (30)
|
|
|
|
|
|
|
(30)
|
| Ending balance (in shares) at Sep. 30, 2025 |
66,659,235
|
|
66,659,235
|
|
|
|
|
|
| Ending balance at Sep. 30, 2025 |
$ 913,630
|
$ 494,120
|
$ 667
|
$ 1,018,740
|
$ (150,880)
|
$ (1,281)
|
$ (373,126)
|
$ 419,510
|