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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Consolidated Statements of Operations        
Rental revenue $ 10,754 $ 9,714 $ 30,677 $ 27,846
Operating expenses of rental properties 1,218 1,247 3,983 3,499
Real estate taxes 1,683 1,338 4,584 4,135
Depreciation and amortization expense 3,935 3,410 10,702 10,225
General and administrative expenses 2,283 2,379 7,977 6,935
Total expenses 9,119 8,374 27,246 24,794
Interest expense (1,700) (1,800) (5,160) (5,476)
Impairment of real estate assets (3,000)   (3,000)  
Change in fair value of financial instruments (2,027) (570) (2,746) (570)
Gain on sales of real estate assets 1,450 126 1,792 825
Investment and other income 119 6 241 32
Other Nonoperating Income (Expense), Total (5,158) (2,238) (8,873) (5,189)
Loss before income tax (provision) benefit (3,523) (898) (5,442) (2,137)
Income tax (provision) benefit (24) 241 (24) 500
Net loss $ (3,547) $ (657) $ (5,466) $ (1,637)
Basic and diluted loss per common share        
Basic net loss per common share $ (0.46) $ (0.12) $ (0.76) $ (0.32)
Diluted net loss per common share $ (0.46) $ (0.12) $ (0.76) $ (0.32)
Weighted average number of shares outstanding, basic 7,724,000 5,352,000 7,231,000 5,190,000
Weighted average number of shares outstanding, diluted 7,724,000 5,352,000 7,231,000 5,190,000