Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Equity

v3.10.0.1
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Series A Preferred Stock
Series B Preferred Stock
Preferred Stock
Series A Preferred Stock
Preferred Stock
Series B Preferred Stock
Common Stock
Common Stock
Series B Preferred Stock
Additional Paid-in Capital
Additional Paid-in Capital
Series B Preferred Stock
Accumulated Deficit
Total Shareholders' Equity
Total Shareholders' Equity
Series B Preferred Stock
Noncontrolling Interests [Member]
Preferred Stock, Beginning balance (in shares) at Dec. 31, 2015       562 729,119                
Common Stock, Beginning balance (in shares) at Dec. 31, 2015           8,282,459              
Units, Beginning Balance (in shares) at Dec. 31, 2015                         506,911
Stocks, Beginning Balance at Dec. 31, 2015 $ 107,365     $ 453 $ 17,085 $ 82   $ 220,950   $ (140,306) $ 98,264   $ 9,101
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Proceeds from issuance of Series B Preferred Stock, net of expenses (in shares)         1,142,225                
Proceeds from issuance of Series B Preferred Stock, net of expenses     $ 23,385   $ 23,385             $ 23,385  
Accretion of Series B Preferred Stock discount 417   $ 265   $ 265             265  
Conversion of preferred stock to common stock (in shares)         100 174,626 63            
Conversion of preferred stock to common stock 1,604       $ (2) $ 2   1,602 $ 2   1,604    
Issuance of common stock under Share Incentive Plan (in shares)           46,671              
Issuance of Common Stock under Share Incentive Plan 579         $ 1   578     579    
Noncontrolling interest investments (in shares)                         255,043
Noncontrolling interest investments 4,273                       $ 4,273
Adjustment for noncontrolling interest in operating partnership               807     807   (807)
Dividends and distributions, decrease Noncontrolling Interests                         (1,173)
Dividends and distributions (20,041)                 (18,868) (18,868)    
Net loss (12,238)                 (11,203) (11,203)   $ (1,035)
Preferred Stock, Ending balance (in shares) at Dec. 31, 2016     1,871,244 562 1,871,244                
Common Stock, Ending balance (in shares) at Dec. 31, 2016           8,503,819              
Units, Ending balance (in shares) at Dec. 31, 2016                         761,954
Stocks, Ending Balance at Dec. 31, 2016 105,192     $ 453 $ 40,733 $ 85   223,939   (170,377) 94,833   $ 10,359
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Proceeds from issuance of Series B Preferred Stock, net of expenses (in shares)         4,604                
Proceeds from issuance of Series B Preferred Stock, net of expenses     $ 96   $ 96             96  
Accretion of Series B Preferred Stock discount 809   $ 86   $ 86             86  
Conversion of preferred stock to common stock (in shares)           2,509              
Conversion of preferred stock to common stock 31             31     31    
Issuance of common stock under Share Incentive Plan (in shares)           110,991              
Issuance of Common Stock under Share Incentive Plan 1,416         $ 1   1,415     1,416    
Adjustment for noncontrolling interest in operating partnership               223     223   $ (223)
Conversion of operating partnership units to Common Stock (in shares)           126,870             126,870
Conversion of operating partnership units to Common Stock           $ 1   1,370     1,371   $ (1,371)
Redemption of fractional units as a result of reverse stock split (in shares)                         (66)
Redemption of fractional units as a result of reverse stock split (1)                       $ (1)
Dividends and distributions, decrease Noncontrolling Interests                         (992)
Dividends and distributions (23,446)                 (22,454) (22,454)    
Net loss $ (12,778)                 (12,094) (12,094)   $ (684)
Preferred Stock, Ending balance (in shares) at Dec. 31, 2017   562 1,875,848 562 1,875,848                
Common Stock, Ending balance (in shares) at Dec. 31, 2017 8,744,189         8,744,189              
Units, Ending balance (in shares) at Dec. 31, 2017                         635,018
Stocks, Ending Balance at Dec. 31, 2017 $ 70,596     $ 453 $ 40,915 $ 87   226,978   (204,925) 63,508   $ 7,088
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Accretion of Series B Preferred Stock discount 678   $ 87   $ 87             $ 87  
Conversion of preferred stock to common stock (in shares)         100 62              
Conversion of preferred stock to common stock         $ (2)     2          
Issuance of common stock under Share Incentive Plan (in shares)           206,358              
Issuance of Common Stock under Share Incentive Plan 1,057         $ 2   1,055     1,057    
Adjustment for noncontrolling interest in operating partnership               2,970     2,970   $ (2,970)
Conversion of operating partnership units to Common Stock (in shares)           399,986             399,986
Conversion of operating partnership units to Common Stock           $ 4   1,514     1,518   $ (1,518)
Issuance of Common Stock outside Share Incentive Plan (in shares)           10,869              
Issuance of Common Stock outside Share Incentive Plan 50             50     50    
Issuance of Common Stock for acquisition of JANAF (in shares)           150,000              
Issuance of Common Stock for acquisition of JANAF 1,130         $ 2   1,128     1,130    
Dividends and distributions (11,759)                 (11,759) (11,759)    
Net loss $ (16,906)                 (16,500) (16,500)   $ (406)
Preferred Stock, Ending balance (in shares) at Dec. 31, 2018   562 1,875,748 562 1,875,748                
Common Stock, Ending balance (in shares) at Dec. 31, 2018 9,511,464         9,511,464              
Units, Ending balance (in shares) at Dec. 31, 2018                         235,032
Stocks, Ending Balance at Dec. 31, 2018 $ 44,255     $ 453 $ 41,000 $ 95   $ 233,697   $ (233,184) $ 42,061   $ 2,194