Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Stockholders' Equity

v3.19.1
Consolidated Statement of Stockholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Loss [Member]
GMR Equity [Member]
Noncontrolling Interest [Member]
Balances at Dec. 31, 2015 $ (139) $ 0 $ 0 $ 3,012 $ (3,151) $ 0 $ (139) $ 0
Balance (Shares) at Dec. 31, 2015   250            
Net income (loss) (6,353) $ 0 0 0 (6,353)   (6,353) 0
Issuance of initial public offering shares of common stock 138,969 $ 15 0 138,954 0 0 138,969 0
Issuance of initial public offering shares of common stock (in shares)   15,000            
Reclassification of deferred initial public offering costs (1,681) $ 0 0 (1,681) 0 0 (1,681) 0
Conversion of convertible debenture due to related party to shares of common stock 30,030 $ 3 0 30,027 0 0 30,030 0
Conversion of convertible debenture due to related party to shares of common stock (in shares)   2,356            
Stock-based compensation expense 1,685 $ 0 0 1,685 0 0 1,685 0
Dividends to stockholders (7,483) 0 0 0 (7,483) 0 (7,483) 0
Balances at Dec. 31, 2016 155,028 $ 18 0 171,997 (16,987) 0 155,028 0
Balances (Shares) at Dec. 31, 2016   17,606            
Net income (loss) (87) $ 0 0 0 (38) 0 (38) (49)
Issuance of shares of common stock 34,238 $ 4 0 34,234 0 0 34,238 0
Issuance of shares of common stock (in shares)   4,025            
Issuance of shares of preferred stock 75,180 $ 0 $ 75,180 0 0 0 75,180 0
Issuance of shares of preferred stock (in shares)     3,105          
Stock-based compensation expense 1,796 0 $ 0 0 0 0 0 1,796
Reclassification of deferred common stock offering costs (443) 0 0 (443) 0 0 (443) 0
Reclassification of deferred preferred stock offering costs (221) 0 (221) 0 0 0 (221) 0
Dividends to common stockholders (15,695) 0 0 0 (15,695) 0 (15,695) 0
Dividends to preferred stockholders (1,714) 0 0 0 (1,714) 0 (1,714) 0
Dividends to noncontrolling interest (601) 0 0 0 0 0 0 (601)
OP Units issued to third parties 11,532 0 0 0 0 0 0 11,532
Balances at Dec. 31, 2017 259,013 $ 22 $ 74,959 205,788 (34,434) 0 246,335 12,678
Balances (Shares) at Dec. 31, 2017   21,631 3,105          
Net income (loss) 14,561 $ 0 $ 0 0 13,490 0 13,490 1,071
Issuance of shares of common stock 37,827 $ 4 0 37,823 0 0 37,827 0
Issuance of shares of common stock (in shares)   4,313            
Change in fair value of interest rate swap agreements (3,721) 0 0 0 (3,721) (3,721) 0
Stock-based compensation expense 2,671 0 0 2,671
Reclassification of deferred common stock offering costs (573) 0 0 (573) 0 0 (573) 0
Dividends to common stockholders (18,241) 0 0 (18,241) 0 (18,241) 0
Dividends to preferred stockholders (5,822) 0 0 (5,822) 0 (5,822) 0
Dividends to noncontrolling interest (2,065) 0 0 0 0 0 0 (2,065)
OP Units issued to third parties 16,363 0 0 0 0 0 16,363
LTIP Units redeemed in cash (263) 0 0 0 0 0 0 (263)
Balances at Dec. 31, 2018 $ 299,750 $ 26 $ 74,959 $ 243,038 $ (45,007) $ (3,721) $ 269,295 $ 30,455
Balances (Shares) at Dec. 31, 2018   25,944 3,105