v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Class A common stock
Common Stock
Class C common stock
Additional Paid-in Capital
Accumulated Earnings (Deficit)
Series A Redeemable Preferred Stock
Accumulated Earnings (Deficit)
Series B Redeemable Preferred Stock
Accumulated Earnings (Deficit)
Accumulated Other Comprehensive (Loss) Income
Noncontrolling Interests
Series A Redeemable Preferred Stock
Series B Redeemable Preferred Stock
Total
Beginning Balance at Dec. 31, 2024 $ 40   $ 118,495     $ 20,709 $ (164) $ 327,657     $ 466,737
Beginning Balance (Shares) at Dec. 31, 2024 3,953,919 8,489                  
Ending Balance at Mar. 31, 2025 $ 40   119,083     17,684 307 346,107     483,221
Ending balance (Shares) at Mar. 31, 2025 3,953,219 8,489                  
Beginning Balance at Dec. 31, 2024 $ 40   118,495     20,709 (164) 327,657     466,737
Beginning Balance (Shares) at Dec. 31, 2024 3,953,919 8,489                  
Issuance of restricted Class A common stock for equity incentive plan compensation, net of shares withheld for employee taxes and forfeitures $ 1   209               210
Issuance of restricted Class A common stock for equity incentive plan compensation, net of shares withheld for employee taxes and forfeitures (Shares) 99,199                    
Issuance of long-term incentive plan ("LTIP") Units for equity incentive plan compensation               1,803     1,803
Issuance of C-LTIP Units to Bluerock Homes Manager, LLC ("Manager")               455     455
Common stock distributions declared           (1,004)         (1,004)
Preferred Stock distributions declared       $ (4,264)         $ (4,264)    
Preferred stock accretion       (1,796)         (1,796)   (1,796)
Distributions to Operating Partnership noncontrolling interests               (2,279)     (2,279)
Distributions to partially owned properties' noncontrolling interests               (525)     (525)
Contributions from noncontrolling interests               41,463     41,463
Total comprehensive income             659 1,477     2,136
Cash redemption of Operating Partnership Units     8         (12)     (4)
Holder redemption of Series A Preferred Stock and conversion into Class A common stock     110               110
Shares issued in conversion (in shares) 9,550                    
Cash redemption of Series A Preferred Stock     18               18
Adjustment for noncontrolling interest ownership in the Operating Partnership     (3,115)         3,115      
Adjustment for noncontrolling interest ownership in partially owned properties     4,356         (4,356)      
Net income (loss)           1,047   (14,203)     (13,156)
Ending Balance at Jun. 30, 2025 $ 41   120,081     14,692 495 354,595     489,904
Ending balance (Shares) at Jun. 30, 2025 4,062,668 8,489                  
Beginning Balance at Mar. 31, 2025 $ 40   119,083     17,684 307 346,107     483,221
Beginning Balance (Shares) at Mar. 31, 2025 3,953,219 8,489                  
Issuance of restricted Class A common stock for equity incentive plan compensation, net of shares withheld for employee taxes and forfeitures $ 1   59               60
Issuance of restricted Class A common stock for equity incentive plan compensation, net of shares withheld for employee taxes and forfeitures (Shares) 99,899                    
Issuance of long-term incentive plan ("LTIP") Units for equity incentive plan compensation               789     789
Issuance of C-LTIP Units to Bluerock Homes Manager, LLC ("Manager")               210     210
Common stock distributions declared           (508)         (508)
Preferred Stock distributions declared       (2,254)         (2,254)    
Preferred stock accretion       (1,273)         $ (1,273)   (1,273)
Distributions to Operating Partnership noncontrolling interests               (1,146)     (1,146)
Distributions to partially owned properties' noncontrolling interests               (390)     (390)
Contributions from noncontrolling interests               16,285     16,285
Total comprehensive income             188 424     612
Cash redemption of Operating Partnership Units     8         (12)     (4)
Holder redemption of Series A Preferred Stock and conversion into Class A common stock     110               110
Shares issued in conversion (in shares) 9,550                    
Cash redemption of Series A Preferred Stock     18               18
Adjustment for noncontrolling interest ownership in the Operating Partnership     (1,496)         1,496      
Adjustment for noncontrolling interest ownership in partially owned properties     2,299         (2,299)      
Net income (loss)           1,043   (6,869)     (5,826)
Ending Balance at Jun. 30, 2025 $ 41   120,081     14,692 495 354,595     489,904
Ending balance (Shares) at Jun. 30, 2025 4,062,668 8,489                  
Beginning Balance at Dec. 31, 2025 $ 40   121,489     7,200 11 420,983     549,723
Beginning Balance (Shares) at Dec. 31, 2025 4,047,114 8,489             6,288,703 0  
Issuance of restricted Class A common stock for equity incentive plan compensation, net of shares withheld for employee taxes and forfeitures $ 1   149               150
Issuance of restricted Class A common stock for equity incentive plan compensation, net of shares withheld for employee taxes and forfeitures (Shares) 52,425                    
Issuance of C-LTIP Units to Bluerock Homes Manager, LLC ("Manager")               420     420
Issuance of LTIP Units for equity incentive plan compensation               1,797     1,797
Common stock distributions declared           (1,022)         (1,022)
Preferred Stock distributions declared       (5,220) $ (111)       $ (5,220) $ (111)  
Preferred stock accretion       (2,250) (311)       $ (2,250) $ (311) (2,561)
Distributions to Operating Partnership noncontrolling interests               (2,322)     (2,322)
Distributions to partially owned properties' noncontrolling interests               (4,805)     (4,805)
Contributions from noncontrolling interests               19,909     19,909
Total comprehensive income             39 89     128
Cash redemption of Series A Preferred Stock     16               16
Adjustment for noncontrolling interest ownership in the Operating Partnership     303         (303)      
Adjustment for noncontrolling interest ownership in partially owned properties     (362)         362      
Net income (loss)           977   (20,233)     (19,256)
Ending Balance at Jun. 30, 2026 $ 41   121,595     (737) 50 415,897     536,846
Ending balance (Shares) at Jun. 30, 2026 4,099,539 8,489             6,457,698 351,304  
Beginning Balance at Mar. 31, 2026 $ 40   121,504     3,260 38 420,463     545,305
Beginning Balance (Shares) at Mar. 31, 2026 4,043,514 8,489                  
Issuance of restricted Class A common stock for equity incentive plan compensation, net of shares withheld for employee taxes and forfeitures $ 1   (69)               (68)
Issuance of restricted Class A common stock for equity incentive plan compensation, net of shares withheld for employee taxes and forfeitures (Shares) 56,025                    
Issuance of long-term incentive plan ("LTIP") Units for equity incentive plan compensation               721     721
Issuance of C-LTIP Units to Bluerock Homes Manager, LLC ("Manager")               210     210
Common stock distributions declared           (515)         (515)
Preferred Stock distributions declared       (2,625) (97)       $ (2,625) $ (97)  
Preferred stock accretion       $ (1,448) $ (120)       $ (1,448) $ (120) (1,568)
Distributions to Operating Partnership noncontrolling interests               (1,168)     (1,168)
Distributions to partially owned properties' noncontrolling interests               (2,603)     (2,603)
Contributions from noncontrolling interests               8,171     8,171
Total comprehensive income             12 27     39
Cash redemption of Series A Preferred Stock     3               3
Adjustment for noncontrolling interest ownership in the Operating Partnership     783         (783)      
Adjustment for noncontrolling interest ownership in partially owned properties     (626)         626      
Net income (loss)           808   (9,767)     (8,959)
Ending Balance at Jun. 30, 2026 $ 41   $ 121,595     $ (737) $ 50 $ 415,897     $ 536,846
Ending balance (Shares) at Jun. 30, 2026 4,099,539 8,489             6,457,698 351,304