Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2025

Earnings Per Share [Abstract]

Schedule of Net Income (Loss) and Weighted Average Number of Shares Outstanding

The Company's net income (loss) and weighted-average number of shares outstanding for the three and six months ended June 30, 2025 and 2024 consists of the following ($ and shares in thousands):


		Three Months Ended June 30,								Six Months Ended June 30,
		2025				2024				2025				2024
Net income (loss) attributable to JPMREIT stockholders		$	32			$	(3,633	)		$	1,712			$	(5,205	)
Weighted-average shares of common stock outstanding, basic			65,443				16,811				58,122				15,332
Weighted-average shares of common stock outstanding, diluted			65,449				16,811				58,127				15,332

Schedule of Computations of Basic and Diluted Net Income (Loss) per Share

The calculation of basic and diluted net income (loss) per share amounts for the three and six months ended June 30, 2025 and 2024 consists of the following ($ and shares in thousands except per-share numbers):


		Three Months Ended June 30,								Six Months Ended June 30,
		2025				2024				2025				2024
Basic Net Income (Loss) per Share Attributable to JPMREIT Stockholders
Numerator:
Net income (loss) attributable to JPMREIT stockholders		$	32			$	(3,633	)		$	1,712			$	(5,205	)
Denominator:
Weighted-average shares of common stock outstanding			65,443				16,811				58,122				15,332
Basic net income (loss) per share of common stock		$	0.00			$	(0.22	)		$	0.03			$	(0.34	)
Diluted Net Income (Loss) per Share Attributable to JPMREIT Stockholders
Numerator:
Net income (loss) attributable to JPMREIT stockholders		$	32			$	(3,633	)		$	1,712			$	(5,205	)
Denominator:
Weighted-average shares of common stock outstanding			65,449				16,811				58,127				15,332
Diluted net income (loss) per share of common stock		$	0.00			$	(0.22	)		$	0.03			$	(0.34	)