v3.26.1
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
Income Statement [Abstract]        
Revenues $ 13,949 $ 13,348 $ 25,031 $ 24,077
Expenses:        
Property operating expenses 9,376 8,988 18,064 17,298
Real estate taxes 593 609 1,194 1,177
General and administrative costs 1,152 1,109 2,193 2,099
Depreciation and amortization 1,234 1,312 2,538 2,617
Casualty (gain)/loss, net (74) 0 (149) 989
Impairment charge 0 0 5,167 0
Total expenses 12,281 12,018 29,007 24,180
Interest expense (1,840) (2,038) (3,679) (4,114)
Earnings from investments in unconsolidated affiliated entities 181 123 8 (211)
Other income, net 200 20 509 137
Net income/(loss) 209 (565) (7,138) (4,291)
Less: net (income)/loss attributable to noncontrolling interests (44) 1 (19) 152
Net income/(loss) applicable to Company’s common shares $ 165 $ (564) $ (7,157) $ (4,139)
Net income/(loss) per Company’s common share, basic (in Dollars per share) $ 0.01 $ (0.04) $ (0.45) $ (0.26)
Net income/(loss) per Company’s common share, diluted (in Dollars per share) $ 0.01 $ (0.04) $ (0.45) $ (0.26)
Weighted average number of common shares outstanding, basic (in Shares) 15,858 16,017 15,880 16,041
Weighted average number of common shares outstanding, diluted (in Shares) 15,858 16,017 15,880 16,041