Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited)

v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Series A-1 preferred units, OP units, and subordinated performance units
Preferred Shares
Common Shares
Additional Paid-in Capital
Distributions In Excess Of Earnings
Accumulated Other Comprehensive (Loss) Income
Noncontrolling Interests
Noncontrolling Interests
Series A-1 preferred units, OP units, and subordinated performance units
Balances (in shares) at Dec. 31, 2018     6,900,000            
Balances (in shares) at Dec. 31, 2018       56,654,009          
Balances at Dec. 31, 2018 $ 1,402,299   $ 172,500 $ 567 $ 844,276 $ (114,122) $ 13,618 $ 485,460  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
OP units and subordinated performance units, net of offering costs   $ 32,856             $ 32,856
Redemptions of equity units (in shares)       29,910          
Redemptions of equity units 0     $ 0 250   7 (257)  
Effect of changes in ownership for consolidated entities 0       (5,385)   (182) 5,567  
Equity-based compensation expense 1,112       90     1,022  
Issuance of LTIP units for acquisition expenses 5             5  
Issuance of restricted common shares (in shares)       18,218          
Issuance of restricted common shares 0                
Vesting and forfeitures of restricted common shares, net (in shares)       (3,451)          
Vesting and forfeitures of restricted common shares, net (69)       (69)        
Reduction in receivables from partners of the operating partnership 139             139  
Preferred share dividends (2,588)         (2,588)      
Common share dividends (17,010)         (17,010)      
Distributions to noncontrolling interests (17,181)             (17,181)  
Other comprehensive income (loss) (9,315)           (5,917) (3,398)  
Net income (loss) 12,940         7,411   5,529  
Balances (in shares) at Mar. 31, 2019     6,900,000            
Balances (in shares) at Mar. 31, 2019       56,698,686          
Balances at Mar. 31, 2019 $ 1,403,188   $ 172,500 $ 567 839,162 (126,309) 7,526 509,742  
Balances (in shares) at Dec. 31, 2019 8,727,119   8,727,119            
Balances (in shares) at Dec. 31, 2019 59,659,108     59,659,108          
Balances at Dec. 31, 2019 $ 1,452,101   $ 218,178 $ 597 905,763 (197,075) (7,833) 532,471  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
OP units and subordinated performance units, net of offering costs   $ 6,206             $ 6,206
LTIP units 1,011             1,011  
Issuance of shares, net of offering costs (in shares)       125,000          
Issuance of shares, net of offering costs 4,249     $ 1 4,248        
Merger and internalization of PRO, net of issuance costs (in shares)       8,105,192          
Merger and internalization of PRO, net of issuance costs 9,595     $ 81 43,499   (402) (33,583)  
Redemption of Series A-1 preferred units (in shares)     5,600            
Redemption of Series A-1 preferred units 0   $ 140         (140)  
Redemptions of equity units (in shares)       118,961          
Redemptions of equity units 0     $ 1 1,437   (62) (1,376)  
Effect of changes in ownership for consolidated entities 0       15,857   (2,265) (13,592)  
Equity-based compensation expense 774       76     698  
Issuance of LTIP units for acquisition expenses 40             40  
Issuance of restricted common shares (in shares)       21,861          
Issuance of restricted common shares 0                
Vesting and forfeitures of restricted common shares, net (in shares)       (2,910)          
Vesting and forfeitures of restricted common shares, net (94)       (94)        
Preferred share dividends (3,273)         (3,273)      
Common share dividends (19,747)         (19,747)      
Distributions to noncontrolling interests (19,813)             (19,813)  
Other comprehensive income (loss) (65,757)           (42,293) (23,464)  
Net income (loss) $ 15,763         6,648   9,115  
Balances (in shares) at Mar. 31, 2020 8,732,719   8,732,719            
Balances (in shares) at Mar. 31, 2020 68,027,212     68,027,212          
Balances at Mar. 31, 2020 $ 1,381,055   $ 218,318 $ 680 $ 970,786 $ (213,447) $ (52,855) $ 457,573