Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Equity

v3.25.1
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Trust Certificates
Additional Paid-in Capital
Accumulated Distributions in Excess of Earnings
Balance (in shares) at Dec. 31, 2023   75,000,000    
Balance at Dec. 31, 2023 $ 1,093,822   $ 1,952,120 $ (858,298)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income 17,767     17,767
Distributions paid to Certificateholders (26,378)     (26,378)
Balance (in shares) at Mar. 31, 2024   75,000,000    
Balance at Mar. 31, 2024 1,085,211   1,952,120 (866,909)
Balance (in shares) at Dec. 31, 2024   75,000,000    
Balance at Dec. 31, 2024 1,013,888   1,952,120 (938,232)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income 16,050     16,050
Distributions paid to Certificateholders (37,751)     (37,751)
Balance (in shares) at Mar. 31, 2025   75,000,000    
Balance at Mar. 31, 2025 $ 992,187   $ 1,952,120 $ (959,933)