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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Rental and other revenue from real estate properties $ 23,298 $ 22,939
Interest and other income 105 0
Total revenues 23,403 22,939
Expenses:    
Real estate operating expenses - including $9 and $6 to related parties 10,579 10,434
Interest expense 5,523 5,483
General and administrative - including $182 and $173 to related parties 4,152 4,055
Depreciation and amortization 6,435 8,008
Total expenses 26,689 27,980
Total revenues less total expenses (3,286) (5,041)
Equity in earnings of unconsolidated joint ventures 228 815
Gain on insurance recoveries 0 240
Loss from continuing operations (3,058) (3,986)
Income tax provision 78 76
Loss from continuing operations, net of taxes (3,136) (4,062)
Net income attributable to non-controlling interest (35) (36)
Net loss attributable to common stockholders $ (3,171) $ (4,098)
Weighted average number of shares of common stock outstanding:    
Basic (in shares) 17,625,577 18,064,301
Diluted (in shares) 17,625,577 18,064,301
Per share amounts attributable to common stockholders:    
Basic (in dollars per share) $ (0.17) $ (0.21)
Diluted (in dollars per share) $ (0.17) $ (0.21)