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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
REVENUE $ 60,314 $ 46,648
EXPENSES    
Property operating expenses, excluding real estate taxes 19,014 13,449
Real estate taxes 6,859 5,792
Property management expense 2,253 1,767
Casualty (gain) loss 598 101
Depreciation and amortization 31,001 19,992
General and administrative expenses 4,500 3,906
TOTAL EXPENSES 64,225 45,007
Operating income (loss) (3,911) 1,641
Interest expense (7,715) (7,231)
Interest and other income (loss) 1,063 431
NET INCOME (LOSS) (10,563) (5,159)
Dividends to Series D preferred unitholders (160) (160)
Net (income) loss attributable to noncontrolling interests – Operating Partnership and Series E preferred units 2,157 469
Net (income) loss attributable to noncontrolling interests – consolidated real estate entities (23) (17)
Net income (loss) attributable to controlling interests (8,589) (4,867)
Dividends to preferred shareholders (1,607) (1,607)
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS $ (10,196) $ (6,474)
NET EARNINGS (LOSS) PER COMMON SHARE - BASIC (in dollars per share) $ (0.68) $ (0.49)
NET EARNINGS (LOSS) PER COMMON SHARE - DILUTED (in dollars per share) $ (0.68) $ (0.49)