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Segments Results (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Summary of Results of Operations for Reporting Segments

The table below presents the results of operations for our reporting segments for the periods presented.

 

 

Year Ended December 31,

 

 

Year Ended December 31,

 

 

 

2023

 

2023

 

2023

 

 

2022

 

2022

 

2022

 

(Amounts in 000’s)

 

Real Estate

 

Healthcare Services

 

Total

 

 

Real Estate

 

Healthcare Services

 

Total

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patient care revenues

 

$

 

$

8,835

 

 

8,835

 

 

$

 

$

22,060

 

$

22,060

 

Rental revenues

 

 

7,069

 

 

 

 

7,069

 

 

 

12,794

 

 

 

 

12,794

 

Management fees

 

 

1,050

 

 

 

 

1,050

 

 

 

1,045

 

 

 

 

1,045

 

Other revenues

 

 

210

 

 

 

 

210

 

 

 

26

 

 

 

 

26

 

Total revenues

 

 

8,329

 

 

8,835

 

 

17,164

 

 

 

13,865

 

 

22,060

 

 

35,925

 

Expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patient care expense

 

 

 

 

9,200

 

 

9,200

 

 

 

 

 

20,453

 

 

20,453

 

Facility rent expense

 

 

(6

)

 

600

 

 

594

 

 

 

4,050

 

 

826

 

 

4,876

 

Cost of management fees

 

 

595

 

 

 

 

595

 

 

 

619

 

 

 

 

619

 

Depreciation and amortization

 

 

2,040

 

 

215

 

 

2,255

 

 

 

2,371

 

 

33

 

 

2,404

 

General and administrative expense

 

 

3,686

 

 

290

 

 

3,976

 

 

 

3,458

 

 

1,194

 

 

4,652

 

Doubtful accounts expense

 

 

175

 

 

975

 

 

1,150

 

 

 

4,298

 

 

618

 

 

4,916

 

Loss on disposal of assets

 

 

 

 

 

 

 

 

 

1,296

 

 

121

 

 

1,417

 

Loss on lease termination

 

 

 

 

 

 

 

 

 

1,436

 

 

 

 

1,436

 

Other operating expenses

 

 

246

 

 

(48

)

 

198

 

 

 

631

 

 

1,343

 

 

1,974

 

Total expenses

 

 

6,736

 

 

11,232

 

 

17,968

 

 

 

18,159

 

 

24,588

 

 

42,747

 

Income (loss) from operations

 

 

1,593

 

 

(2,397

)

 

(804

)

 

 

(4,294

)

 

(2,528

)

 

(6,822

)

Other (income) expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense, net

 

 

2,593

 

 

158

 

 

2,751

 

 

 

2,567

 

 

(38

)

 

2,529

 

Loss on extinguishment of debt

 

 

 

 

 

 

 

 

 

452

 

 

 

 

452

 

Other (income) expense, net

 

 

115

 

 

218

 

 

333

 

 

 

(987

)

 

(1,949

)

 

(2,936

)

Total other (income) expense, net

 

 

2,708

 

 

376

 

 

3,084

 

 

 

2,032

 

 

(1,987

)

 

45

 

Net loss

 

$

(1,115

)

$

(2,773

)

$

(3,888

)

 

$

(6,326

)

$

(541

)

$

(6,867

)