v3.26.1
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Director
Common Shares
Total Shareholders' Equity
Total Shareholders' Equity
Director
Total Shareholders' Equity
Common Shares
Preferred Shares
Common Shares
Common Shares
Director
Common Shares
Common Shares
Additional Paid-In Capital
Additional Paid-In Capital
Director
Additional Paid-In Capital
Common Shares
Accumulated Other Comprehensive Income (Loss)
Distributions and retained deficit
Non-Controlling Interests
Beginning balance (in shares) at Dec. 31, 2024             27,600,000 119,285,394                
Beginning balance at Dec. 31, 2024 $ 2,787,874     $ 2,697,424     $ 276 $ 1,193     $ 4,072,265     $ 16,550 $ (1,392,860) $ 90,450
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Share-based compensation (in shares)               221,181 54,451              
Share-based compensation 3,220 $ 745   2,054 $ 745     $ 2 $ 1   2,052 $ 744       1,166
Repurchase of common shares (in shares)                   (1,282,621)            
Repurchase of common shares     $ (14,612)     $ (14,612)       $ (13)     $ (14,599)      
Distributions on common shares/units (1,196)     (1,184)                     (1,184) (12)
Distributions on preferred shares/units (11,795)     (10,631)                     (10,631) (1,164)
Other comprehensive income (loss):                                
Change in fair value of derivative instruments (1,840)     (1,894)             (36)     (1,858)   54
Amounts reclassified from other comprehensive income (3,800)     (3,800)                   (3,800)    
Net income (loss) (32,180)     (32,947)                     (32,947) 767
Ending balance (in shares) at Mar. 31, 2025             27,600,000 118,278,405                
Ending balance at Mar. 31, 2025 2,726,416     2,635,155     $ 276 $ 1,183     4,060,426     10,892 (1,437,622) 91,261
Beginning balance (in shares) at Dec. 31, 2025             27,068,962 113,188,134                
Beginning balance at Dec. 31, 2025 2,562,738     2,468,621     $ 271 $ 1,132     3,969,875     605 (1,503,262) 94,117
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Share-based compensation (in shares)               217,449 71,958              
Share-based compensation 2,306 $ 825   1,821 $ 825     $ 2 $ 1   1,819 $ 824       485
Repurchase of common shares (in shares)                   (492,314)            
Repurchase of common shares     $ (5,900)     $ (5,900)       $ (5)     $ (5,895)      
Distributions on common shares/units (1,120)     (1,106)                     (1,106) (14)
Distributions on preferred shares/units (11,591)     (10,427)                     (10,427) (1,164)
Other comprehensive income (loss):                                
Change in fair value of derivative instruments 1,940     1,898                   1,898   42
Amounts reclassified from other comprehensive income 765     765                   765    
Net income (loss) (18,436)     (19,274)                     (19,274) 838
Ending balance (in shares) at Mar. 31, 2026             27,068,962 112,985,227                
Ending balance at Mar. 31, 2026 $ 2,531,527     $ 2,437,223     $ 271 $ 1,130     $ 3,966,623     $ 3,268 $ (1,534,069) $ 94,304