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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Real Estate:    
Land, at Cost $ 150,425 $ 176,857
Building and Improvements, at Cost 332,654 322,510
Total Real Estate, at Cost 483,079 499,367
Less, Accumulated Depreciation (31,517) (22,313)
Real Estate-Net 451,562 477,054
Assets Held for Sale 4,410  
Commercial Loans and Investments 6,874 0
Cash and Cash Equivalents 6,265 9,018
Restricted Cash 11,166 4,026
Intangible Lease Assets-Net 51,624 60,432
Straight-Line Rent Adjustment 1,483 1,668
Other Assets 24,293 21,233
Total Assets 557,677 573,431
Liabilities:    
Accounts Payable, Accrued Expenses, and Other Liabilities 5,625 4,411
Prepaid Rent and Deferred Revenue 1,884 1,479
Intangible Lease Liabilities-Net 5,184 5,050
Long-Term Debt 249,099 267,116
Total Liabilities 261,792 278,056
Commitments and Contingencies-See Note 18
Equity:    
Preferred Stock, $0.01 par value per share, 100 million shares authorized, no shares issued and outstanding as of September 30, 2023 and December 31, 2022
Common Stock, $0.01 par value per share, 500 million shares authorized, 13,769,609 shares issued and outstanding as of September 30, 2023 and 13,394,677 shares issued and outstanding as of December 31, 2022 138 134
Additional Paid-in Capital 244,300 236,841
Retained Earnings 1,075 10,042
Accumulated Other Comprehensive Income 17,706 14,601
Stockholders' Equity 263,219 261,618
Noncontrolling Interest 32,666 33,757
Total Equity 295,885 295,375
Total Liabilities and Equity $ 557,677 $ 573,431