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 |
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- Definition Investment and Other Income No definition available.
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- Definition Amount of Real Estate Expenses. No definition available.
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- References No definition available.
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Amount of gain (loss) on sale or disposal of assets, including but not limited to property plant and equipment, intangible assets and equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The charge against earnings in the period to reduce the carrying amount of real property to fair value. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Interest and fee income generated from loans secured by commercial properties. Examples of properties commonly securing commercial real estate loans may include office buildings, apartment buildings, shopping centers, industrial property, and hotels. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Dividends paid to preferred stock holders that is redeemable solely at the option of the issuer. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of revenue that is not accounted for under Topic 606, classified as other. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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