v3.26.1
Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Rental revenues $ 39,984 $ 37,333
Expenses:    
Depreciation 9,240 8,682
Amortization 2,213 2,588
General and administrative expenses 2,522 2,057
Property taxes 3,737 3,651
Facility rent expenses 129 149
Total expenses 17,841 17,127
Income from operations 22,143 20,206
Interest expense, net (12,086) (12,636)
Amortization of deferred financing costs (201) (200)
Mortgage insurance premium (382) (387)
Total interest expense (12,669) (13,223)
Other Income 8
Net income 9,474 6,991
Less:    
Net income attributable to non-controlling interest 7,194 5,407
Net income attributable to common stockholders 2,280 1,584
Other comprehensive income:    
(Loss) gain due to foreign currency translation (2,475) 4,074
Comprehensive income attributable to non-controlling interest 1,879 (3,151)
Comprehensive income 1,684 2,507
Net income attributable to common stockholders $ 2,280 $ 1,584
Basic income per common share $ 0.17 $ 0.13
Diluted income per common share $ 0.17 $ 0.13
Weighted average number of common shares outstanding, Basic 13,344,741 12,196,122
Weighted average number of common shares outstanding, Diluted 13,344,741 12,196,122