v3.25.4
Combined Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenues    
Total revenues $ 37,406 $ 36,080
Expenses    
Property operating expenses 11,049 9,775
Real estate taxes 5,061 4,217
Depreciation and amortization 11,750 11,842
General and administrative expenses 14,203 11,706
Total expenses 42,063 37,540
Loss from operations (4,657) (1,460)
Gain on sale of investment properties 0 6,869
Interest income 751 1,210
Interest expense (7,191) (7,629)
Net loss (11,097) (1,010)
Net loss attributable to noncontrolling interests 0 5
Net loss attributable to Highlands REIT, Inc. common stockholders $ (11,097) $ (1,005)
Net income per common share, basic (in dollars per share) $ (0.02) $ 0
Net income per common share, diluted (in dollars per share) $ (0.02) $ 0
Weighted average number of common shares outstanding, basic (in shares) 720,703,000 721,961,000
Weighted average number of common shares outstanding, diluted (in shares) 720,703,000 721,961,000
Unrealized gain (loss) on derivatives $ (148) $ 32
Total other comprehensive income (loss) (148) 32
Comprehensive loss (11,245) (978)
Comprehensive loss attributable to noncontrolling interests 0 0
Comprehensive loss attributable to Highlands REIT, Inc. common stockholders (11,245) (978)
Other property income    
Revenues    
Total revenues 895 1,003
Rental income    
Revenues    
Total revenues $ 36,511 $ 35,077