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 $ 8,072 $ 7,939 $ 14,047 $ 14,074
Expenses:        
Property operating expenses 5,495 5,253 10,567 10,156
Real estate taxes 314 333 647 668
General and administrative costs 833 707 1,618 1,461
Depreciation and amortization 790 795 1,581 1,625
Total expenses 7,432 7,088 14,413 13,910
Earnings from investments in unconsolidated affiliated real estate entities 522 6 (442) (1,259)
Interest expense and other income, net (1,080) (1,181) (2,078) (2,267)
Net income/(loss) 82 (324) (2,886) (3,362)
Less: net (income)/loss attributable to noncontrolling interests 0 0 0 0
Net income/(loss) applicable to Company’s common shares $ 82 $ (324) $ (2,886) $ (3,362)
Net income/(loss) per Company’s common share, basic (in Dollars per share) $ 0.01 $ (0.03) $ (0.23) $ (0.26)
Net income/(loss) per Company’s common share, diluted (in Dollars per share) $ 0.01 $ (0.03) $ (0.23) $ (0.26)
Weighted average number of common shares outstanding, basic (in Shares) 12,757 12,776 12,742 12,792
Weighted average number of common shares outstanding, diluted (in Shares) 12,757 12,776 12,742 12,792