v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues        
Rental $ 2,011 $ 1,989 $ 6,224 $ 6,560
Transaction and other fees 4 15 18 48
Total revenues 2,015 2,004 6,242 6,608
Operating expenses        
Depreciation and amortization 479 514 1,464 1,504
Operating and maintenance 1,024 808 2,498 2,431
Real estate taxes 442 445 1,234 1,186
General and administrative 1,083 770 2,934 1,142
Management fees 242 139 662 422
Total operating expenses 3,270 2,676 8,792 6,685
Other expenses (income)        
Interest expense, net 74 199 493 598
Loss on disposal of assets 0 8 0 8
Other income 0 (21) 0 (21)
Total other expenses 74 186 493 585
Income (loss) before income taxes (1,329) (858) (3,043) (662)
Provision (benefit) for income taxes 42 (172) 87 (167)
Net income (loss) (1,287) (1,030) (2,956) (829)
Less: Noncontrolling interest in subsidiary (1,050) (1,676) (2,470) (1,383)
Net income (loss) attributable to Common Shareholders $ (237) $ 646 $ (486) $ 554
Net loss per Common Share:        
Basic: (in dollars per share) $ (0.48) $ 1.31 $ (0.98) $ 1.12
Diluted (in dollars per share) $ (0.47) $ 0.21 $ (0.96) $ 0.18