QUARTERLY FINANCIAL DATA (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2020


	2020
	1st Quarter Jan - March		2nd Quarter April - June		3rd Quarter July - September		4th Quarter Oct - Dec		Total For Year
Revenues:
Rental and other revenue	$	6,745	$	6,657	$	7,020	$	7,029	$	27,451
Other income	179		159		293		20		651
Total revenues	6,924		6,816		7,313		7,049		28,102
Expenses:
Real estate operating expenses	3,058		3,004		3,289		3,026		12,377
Interest expense	1,860		1,809		1,731		1,700		7,100
General and administrative	3,367		2,957		2,730		2,647		11,701
Impairment charge	—		—		3,642		—		3,642
Depreciation	1,561		1,809		1,777		1,595		6,742
Total expenses	9,846		9,579		13,169		8,968		41,562
Total revenues less total expenses	(2,922)		(2,763)		(5,856)		(1,919)		(13,460)
Equity in loss of unconsolidated joint ventures	(1,815)		(1,387)		(1,529)		(1,293)		(6,024)



Loss from continuing operations	(4,737)		(4,150)		(7,385)		(3,212)		(19,484)
Provision for taxes	62		65		65		56		248
Loss from continuing operations, net of taxes	(4,799)		(4,215)		(7,450)		(3,268)		(19,732)
(Income) attributable to non-controlling interests	(32)		(31)		(34)		(33)		(130)
Net loss attributable to common stockholders	$	(4,831)	$	(4,246)	$	(7,484)	$	(3,301)	(19,862)

Basic and diluted and per share amounts attributable to common stockholders
Basic loss per share	$	(0.29)	$	(0.25)	$	(0.44)	$	(0.19)	$	(1.16)
Diluted loss per share	$	(0.29)	$	(0.25)	$	(0.44)	$	(0.19)	$	(1.16)

NOTE 15—QUARTERLY FINANCIAL DATA (Unaudited) (Continued)


	2019
	1st Quarter Jan - March		2nd Quarter April - June		3rd Quarter July - September		4th Quarter Oct - Dec		Total For Year
Revenues:
Rental and other revenue from real estate properties	$	6,886	$	7,097	$	6,261	$	6,765	$	27,009
Other income	244		190		161		157		752
Total revenues	7,130		7,287		6,422		6,922		27,761
Expenses:
Real estate operating expenses	3,176		3,325		2,741		3,090		12,332
Interest expense	1,946		2,049		1,870		1,931		7,796
General and administrative	2,544		2,481		2,430		2,636		10,091
Depreciation	1,547		1,428		1,373		1,568		5,916
Total expenses	9,213		9,283		8,414		9,225		36,135
Total revenues less total expenses	(2,083)		(1,996)		(1,992)		(2,303)		(8,374)
Equity in loss from unconsolidated joint venture properties	(2,068)		(2,218)		(2,390)		(2,150)		(8,826)
Equity in earnings from sale of unconsolidated joint venture properties	—		—		—		9,932		9,932
Gain on sale of real estate	—		—		9,938		680		10,618
Loss on extinguishment of debt	—		—		(1,387)		—		(1,387)
(Loss) income from continuing operations	(4,151)		(4,214)		4,169		6,159		1,963
Provision for taxes	62		59		98		51		270
(Loss) income from continuing operations, net of taxes	(4,213)		(4,273)		4,071		6,108		1,693
Net (income) loss attributable to non-controlling interests	(34)		(44)		(799)		40		(837)
Net (loss) income attributable to common stockholders	$	(4,247)	$	(4,317)	$	3,272	$	6,148	$	856

Basic and diluted per share amounts attributable to common stockholders
Basic (loss) income per share	$	(0.27)	$	(0.27)	$	0.21	$	0.38	$	0.05
Diluted income (loss) per share	$	(0.27)	$	(0.27)	$	0.20	$	0.38	$	0.05