v3.25.1
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional-Paid-In-Capital [Member]
Distributions in Excess of Net Income [Member]
Total Stockholders' Equity [Member]
Noncontrolling Interest [Member]
Beginning Balance at Dec. 31, 2023 $ 31,614 $ 1 $ 132,217 $ (107,330) $ 24,888 $ 6,726
Beginning Balance (in shares) at Dec. 31, 2023   13,326,965        
Common stock dividends (10,395)     (10,395) (10,395)  
Stock-based compensation 313   313   313  
Distributions to noncontrolling interest (2,082)         (2,082)
Net income 3,543     2,980 2,980 563
Reallocation of equity     (52)   (52) 52
Ending Balance at Mar. 31, 2024 22,993 $ 1 132,478 (114,745) 17,734 5,259
Ending Balance (in shares) at Mar. 31, 2024   13,326,965        
Beginning Balance at Dec. 31, 2024 21,565 $ 1 131,857 (115,264) 16,594 4,971
Beginning Balance (in shares) at Dec. 31, 2024   13,345,980        
Common stock dividends (12,946)     (12,946) (12,946)  
Stock-based compensation 402   402   402  
Distributions to noncontrolling interest (2,614)         (2,614)
Net income 3,508     2,947 2,947 561
Reallocation of equity     (68)   (68) 68
Ending Balance at Mar. 31, 2025 $ 9,915 $ 1 $ 132,191 $ (125,263) $ 6,929 $ 2,986
Ending Balance (in shares) at Mar. 31, 2025   13,345,980