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Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Rental revenue (including reimbursable) $ 28,474 $ 20,921
Interest income on loans receivable 978 411
Total revenues 29,452 21,332
Operating expenses    
Property 3,936 2,932
General and administrative 4,909 4,190
Depreciation and amortization 14,949 10,980
Transaction costs 109 165
Total operating expenses 23,903 18,267
Other income (expense)    
Interest expense, net (3,944) (1,169)
Gain (loss) on sales of real estate, net (319) 161
Total other expense, net (4,111) (1,008)
Net income before income taxes 1,438 2,057
Income tax benefit (expense) 43 (91)
Net income 1,481 1,966
Net income attributable to noncontrolling interests 9 24
Net income attributable to common stockholders $ 1,472 $ 1,942
Amounts available to common stockholders per common share:    
Basic (in dollars per share) $ 0.03 $ 0.04
Diluted (in dollars per share) $ 0.03 $ 0.04
Weighted average common shares:    
Basic (in shares) 58,155,738 44,415,807
Diluted (in shares) 58,883,386 45,600,810
Change in value on derivatives, net $ (5,979) $ 6,211
Total comprehensive income (loss) (4,498) 8,177
Comprehensive income (loss) attributable to noncontrolling interests (40) 100
Comprehensive income (loss) attributable to common stockholders (4,458) 8,077
Other Income $ 152 $ 0