v3.26.1
Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2024   20,514,583      
Beginning balance at Dec. 31, 2024 $ 403,972 $ 205 $ 446,627 $ (50,067) $ 7,207
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Conversion of Vested RSUs and PSUs to Common Stock (in shares)   36,599      
Conversion of LPI Units (253)   (253)    
Tax Withholdings in Lieu of Issuance of Common Stock (352)   (352)    
Stock Based Compensation (in shares)   1,450      
Stock-Based Compensation 434   434    
Dividends to Common Stock (17,669)     (17,669)  
Dividends on Restricted Stock Units (144)     (144)  
Distributions to LPI Unitholders (308)       (308)
Adjustment for Noncontrolling Interest Ownership in Operating Partnership 0   303   (303)
Net Income 13,849     13,615 234
Ending balance (in shares) at Jun. 30, 2025   20,552,632      
Ending balance at Jun. 30, 2025 399,529 $ 205 446,759 (54,265) 6,830
Beginning balance (in shares) at Mar. 31, 2025   20,538,785      
Beginning balance at Mar. 31, 2025 401,098 $ 205 446,709 (52,677) 6,861
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Conversion of Vested RSUs and PSUs to Common Stock (in shares)   13,146      
Stock Based Compensation (in shares)   701      
Stock-Based Compensation 47   47    
Dividends to Common Stock (8,838)     (8,838)  
Dividends on Restricted Stock Units (69)     (69)  
Distributions to LPI Unitholders (154)       (154)
Adjustment for Noncontrolling Interest Ownership in Operating Partnership 0   3   (3)
Net Income 7,445     7,319 126
Ending balance (in shares) at Jun. 30, 2025   20,552,632      
Ending balance at Jun. 30, 2025 399,529 $ 205 446,759 (54,265) 6,830
Beginning balance (in shares) at Dec. 31, 2025   20,552,632      
Beginning balance at Dec. 31, 2025 394,688 $ 205 447,185 (59,449) 6,747
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Conversion of Vested RSUs and PSUs to Common Stock (in shares)   28,072      
Conversion of Vested Restricted Stock Units and Performance Stock Units to Common Stock   $ 1 (1)    
Conversion of LPI Units (in shares)   62      
Tax Withholdings in Lieu of Issuance of Common Stock (128)   (128)    
Stock-Based Compensation 647   647    
Dividends to Common Stock (17,699)     (17,699)  
Dividends on Restricted Stock Units (192)     (192)  
Distributions to LPI Unitholders (307)       (307)
Adjustment for Noncontrolling Interest Ownership in Operating Partnership 0   1   (1)
Net Income 11,869     11,670 199
Ending balance (in shares) at Jun. 30, 2026   20,580,766      
Ending balance at Jun. 30, 2026 388,878 $ 206 447,704 (65,670) 6,638
Beginning balance (in shares) at Mar. 31, 2026   20,580,766      
Beginning balance at Mar. 31, 2026 391,628 $ 206 447,363 (62,625) 6,684
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-Based Compensation 348   348    
Dividends to Common Stock (8,850)     (8,850)  
Dividends on Restricted Stock Units (91)     (91)  
Distributions to LPI Unitholders (154)       (154)
Adjustment for Noncontrolling Interest Ownership in Operating Partnership 0   (7)   7
Net Income 5,997     5,896 101
Ending balance (in shares) at Jun. 30, 2026   20,580,766      
Ending balance at Jun. 30, 2026 $ 388,878 $ 206 $ 447,704 $ (65,670) $ 6,638