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Investments in Unconsolidated Joint Ventures - Statement of operations (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Rental revenues $ 1,260 [1] $ 447 [2]
Total revenues 7,345 [1] 493 [2]
Operating Expenses    
Property operating expenses 804 [1] 1,907 [2]
Real estate taxes 390 [1] 79 [2]
General and administrative 1,502 [1] 1,243 [2]
Total operating expenses 9,578 [1] 4,392 [2]
Operating loss (2,233) [1] (3,899) [2]
Interest expense (2,769) [1] (875) [2]
Interest expense - amortization of deferred finance costs (436) [1] (261) [2]
Net loss attributable to common stockholders (5,131) [1] (7,419) [2]
Our equity in net loss from unconsolidated joint ventures [1] 746 (372) [2]
Unconsolidated Joint Ventures    
Revenues    
Rental revenues 3,263 2,979
Total revenues 3,263 2,979
Operating Expenses    
Property operating expenses 1,112 1,065
Real estate taxes 25 25
General and administrative 2 2
Amortization 583 731
Depreciation 961 984
Total operating expenses 2,683 2,807
Operating loss 580 172
Interest expense (930) (939)
Interest expense - amortization of deferred finance costs (72) (72)
Interest income (expense) - change in fair market value of interest rate swap (1,681) 396
Net loss attributable to common stockholders $ 1,259 $ (1,235)
[1] Amounts are Restated. See Note 3 for more information.
[2] Amounts are Revised. See Note 3 for more information.