Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Revenues: | ||||
| Total revenues | $ 26,355 | $ 26,715 | $ 52,580 | $ 53,822 |
| Expenses: | ||||
| Real estate operating expenses | 10,006 | 10,701 | 20,296 | 20,796 |
| Real estate taxes and insurance | 4,550 | 4,191 | 8,793 | 9,560 |
| Depreciation and amortization | 10,432 | 10,626 | 21,012 | 21,450 |
| General and administrative | 2,401 | 3,281 | 5,070 | 6,765 |
| Interest | 7,987 | 6,339 | 14,799 | 12,030 |
| Total expenses | 35,376 | 35,138 | 69,970 | 70,601 |
| Loss on extinguishment of debt | (3) | (1,267) | (5) | |
| Gain (loss) on sale of properties and impairment of assets held for sale, net | (7,691) | 384 | (7,691) | (12,900) |
| Interest income | 157 | 248 | 320 | 507 |
| Loss before taxes | (16,555) | (7,794) | (26,028) | (29,177) |
| Tax expense | 50 | 82 | 104 | 134 |
| Net loss | $ (16,605) | $ (7,876) | $ (26,132) | $ (29,311) |
| Weighted average number of shares outstanding, basic (in shares) | 103,810 | 103,610 | 103,751 | 103,589 |
| Weighted average number of shares outstanding, diluted (in shares) | 103,810 | 103,610 | 103,751 | 103,589 |
| Net loss per share, basic (in dollars per share) | $ (0.16) | $ (0.08) | $ (0.25) | $ (0.28) |
| Net loss per share, diluted (in dollars per share) | $ (0.16) | $ (0.08) | $ (0.25) | $ (0.28) |
| Rental | ||||
| Revenues: | ||||
| Rental | $ 26,355 | $ 26,715 | $ 52,580 | $ 53,822 |
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- Definition Amount of operating interest income, including, but not limited to, amortization and accretion of premiums and discounts on securities. No definition available.
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. 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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- Definition Amount of gain (loss) from the difference between the sale price or salvage price and the book value of an asset that was sold or retired, and gain (loss) from the write down of assets from their carrying value to fair value. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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 Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as operating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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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 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 aggregate total of real estate taxes and insurance expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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/exampleRef
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- References No definition available.
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| X | ||||||||||
- 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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| X | ||||||||||
- 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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- Details
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