v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Total revenues $ 12,540 $ 12,368
Expenses:    
Property operating expenses 704 896
Hotel operating expenses 8,295 7,858
Real estate taxes 923 826
General and administrative costs 1,047 1,072
Depreciation and amortization 1,803 1,768
Total expenses 12,772 12,420
Interest and dividend income 894 669
Interest expense (4,391) (6,582)
Unrealized gain/(loss) on marketable equity securities 311 (1,238)
Loss from investment in unconsolidated affiliated real estate entities (922) (890)
Other expense, net (6) (23)
Net loss (4,346) (8,116)
Less: net loss attributable to noncontrolling interests 3 570
Net loss attributable to Company’s common shares $ (4,343) $ (7,546)
Net loss per Company’s common share, basic (in Dollars per share) $ (0.21) $ (0.36)
Net loss per Company’s common share, diluted (in Dollars per share) $ (0.21) $ (0.36)
Weighted average number of common shares outstanding, basic (in Shares) 20,880 21,199
Weighted average number of common shares outstanding, diluted (in Shares) 20,880 21,199
Rental [Member]    
Revenues:    
Total revenues $ 2,890 $ 2,832
Hotel [Member]    
Revenues:    
Total revenues $ 9,650 $ 9,536