v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Lease Income $ 12,637 $ 12,022 $ 25,239 $ 23,848
Interest Income from Commercial Loans and Investments 7,331 2,737 13,089 5,038
Other Revenue 34 104 80 183
Total Revenues 20,002 14,863 38,408 29,069
Operating Expenses:        
Real Estate Expenses 2,085 2,105 4,387 4,139
General and Administrative Expenses 2,028 1,697 3,887 3,413
Provision for Impairment 377 2,803 885 4,834
Depreciation and Amortization 6,805 6,705 14,020 14,012
Total Operating Expenses 11,295 13,310 23,179 26,398
Gain on Disposition of Assets   938 97 2,089
Net Income From Operations 8,707 2,491 15,326 4,760
Investment and Other Income 364 47 455 92
Interest Expense (4,579) (4,320) (8,932) (7,912)
Net Income (Loss) 4,492 (1,782) 6,849 (3,060)
Less: Net Loss (Income) Attributable to Noncontrolling Interest (301) 141 (473) 240
Net Income (Loss) Attributable to Alpine Income Property Trust, Inc. 4,191 (1,641) 6,376 (2,820)
Less: Distributions to Preferred Stockholders (1,187)   (2,309)  
Net Income (Loss) Attributable to Common Stockholders $ 3,004 $ (1,641) $ 4,067 $ (2,820)
Per Common Share Data:        
Basic (in dollars per share) $ 0.18 $ (0.12) $ 0.25 $ (0.2)
Diluted (in dollars per share) $ 0.16 $ (0.12) $ 0.23 $ (0.2)
Weighted Average Number of Common Shares:        
Basic (in shares) 17,066,917 14,202,796 16,310,036 14,414,682
Diluted (in shares) 18,290,771 15,426,650 17,533,890 15,638,536