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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Rental income $ 10,208 $ 6,727
Total revenues 11,132 7,302
Operating Expenses    
Cost of services 415 373
Depreciation and amortization 5,568 4,117
Property operating 3,061 2,085
Bad debt expense 42 29
General and administrative 3,671 3,698
Total operating expenses 12,757 10,302
Operating loss (1,625) (3,000)
Other income (expense)    
Interest and other income 13 11
Derivative fair value adjustment (179) 1,765
Net gain on fair value change of debt held under the fair value option 3,235 0
Interest expense (4,781) (2,588)
Other expense (6) (5)
Total other expense (1,718) (817)
Net loss before income taxes (3,343) (3,817)
Income tax benefit 1,683 627
Net loss (1,660) (3,190)
Less: Preferred equity return on Fortress preferred equity (3,427) 0
Less: Preferred equity accretion to redemption value (415) 0
Less: Preferred OP units return (112) 0
Plus: Net loss attributable to noncontrolling interest 1,014 247
Net loss attributable to common stockholders $ (4,600) $ (2,943)
Net loss attributable to common stockholders per share    
Net loss attributable to common stockholders per share, Basic $ (0.13) $ (0.09)
Net loss attributable to common stockholders per share, Diluted $ (0.13) $ (0.09)
Weighted average shares outstanding    
Weighted average shares outstanding, Basic 35,374,216 31,966,570
Weighted average shares outstanding, Diluted 35,374,216 31,966,570
Commissions [Member]    
Revenues    
Revenues $ 856 $ 448
Management Fees And Other Income [Member]    
Revenues    
Revenues $ 68 $ 127