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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Consolidated Statements of Operations    
Rental revenue $ 49,195 $ 40,227
Operating expenses of rental properties 3,942 4,267
Real estate taxes 7,137 5,969
Depreciation and amortization expense 18,370 14,455
General and administrative expenses 12,387 11,816
Total expenses 41,836 36,507
Interest expense (4,734) (6,877)
Losses on early extinguishment of debt (653) (2,114)
Investment and other income 245 260
Other expense (32) 14
Gain on sales of real estate assets   24,758
Impairment of real estate assets   (3,000)
Change in fair value of financial instruments   (2,746)
Total other income (expense) (5,174) 10,295
Income from continuing operations before income taxes 2,185 14,015
Income tax benefit (provision) 585 (26)
Income from continuing operations 2,770 13,989
Discontinued operations:    
Gain on sale of properties and equipment 2,706  
Income from discontinued operations 634 155
Income from discontinued operations 3,340 155
Net income $ 6,110 $ 14,144
Income per Common Share-Basic:    
Income from continuing operations $ 0.27 $ 1.77
Income from discontinued operations 0.33 0.02
Net income per common share 0.60 1.79
Income per Common Share-Diluted:    
Income from continuing operations 0.27 1.73
Income from discontinued operations 0.32 0.02
Net income per common share $ 0.59 $ 1.75
Weighted average shares outstanding - basic 10,189 7,908
Weighted average shares outstanding - diluted 10,348 8,081