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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Lease Income $ 11,447 $ 11,520 $ 33,951 $ 33,599
Interest Income from Commercial Loans and Investments 112   112  
Total Revenues 11,559 11,520 34,063 33,599
Operating Expenses:        
Real Estate Expenses 1,722 1,816 4,731 4,193
General and Administrative Expenses 1,652 1,460 4,823 4,370
Provision for Impairment 2,864   2,864  
Depreciation and Amortization 6,528 5,866 19,286 17,232
Total Operating Expenses 12,766 9,142 31,704 25,795
Gain on Disposition of Assets 2,586 11,611 7,782 27,248
Gain (Loss) on Extinguishment of Debt   (284) 23 (284)
Net Income From Operations 1,379 13,705 10,164 34,768
Investment and Other Income 125 9 226 9
Interest Expense (2,443) (2,544) (7,494) (6,347)
Net Income (Loss) (939) 11,170 2,896 28,430
Less: Net (Income) Loss Attributable to Noncontrolling Interest 102 (1,400) (314) (3,572)
Net Income (Loss) Attributable to Alpine Income Property Trust, Inc. $ (837) $ 9,770 $ 2,582 $ 24,858
Per Common Share Data:        
Basic (in dollars per share) $ (0.06) $ 0.82 $ 0.18 $ 2.11
Diluted (in dollars per share) $ (0.05) $ 0.72 $ 0.16 $ 1.84
Weighted Average Number of Common Shares:        
Basic (in shares) 13,946,194 11,888,171 14,001,774 11,799,151
Diluted (in shares) 15,649,688 13,591,665 15,705,268 13,502,645