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:        
Total revenues $ 17,542 $ 17,279 $ 30,082 $ 29,647
Expenses:        
Property operating expenses 659 685 1,363 1,581
Hotel operating expenses 9,196 8,937 17,491 16,795
Real estate taxes 924 822 1,847 1,648
General and administrative costs 1,004 972 2,051 2,044
Depreciation and amortization 1,810 1,777 3,613 3,545
Total expenses 13,593 13,193 26,365 25,613
Interest and dividend income 888 686 1,782 1,355
Interest expense (4,420) (6,547) (8,811) (13,129)
Gain on debt extingishemnt 0 1,929 0 1,929
Unrealized gain/(loss) on marketable equity securities 7,788 (1,055) 8,099 (2,293)
Loss from investment in unconsolidated affiliated real estate entity (930) (920) (1,852) (1,810)
Other expense, net (21) (77) (27) (100)
Net income/(loss) 7,254 (1,898) 2,908 (10,014)
Less: net income attributable to noncontrolling interests (288) (639) (285) (69)
Net income/(loss) attributable to Company’s common shares $ 6,966 $ (2,537) $ 2,623 $ (10,083)
Net income/(loss) per Company’s common share, basic (in Dollars per share) $ 0.33 $ (0.12) $ 0.13 $ (0.48)
Net income/(loss) per Company’s common share, diluted (in Dollars per share) $ 0.33 $ (0.12) $ 0.13 $ (0.48)
Weighted average number of common shares outstanding, basic (in Shares) 20,801 21,116 20,840 21,157
Weighted average number of common shares outstanding, diluted (in Shares) 20,801 21,116 20,840 21,157
Rental [Member]        
Revenues:        
Total revenues $ 2,921 $ 2,904 $ 5,811 $ 5,736
Hotel [Member]        
Revenues:        
Total revenues $ 14,621 $ 14,375 $ 24,271 $ 23,911