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Consolidated Statements of Income - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Revenue $ 21,000 $ 58,000
Total revenues 62,983,000 64,716,000
Expenses:    
Real estate operating expenses 17,298,000 17,726,000
Real estate taxes and insurance 11,762,000 12,102,000
Depreciation and amortization 22,338,000 23,245,000
General and administrative 3,525,000 3,509,000
Interest 9,063,000 9,368,000
Total expenses 63,986,000 65,950,000
Loss before taxes (1,003,000) (1,234,000)
Tax expense (benefit) on income 68,000 (29,000)
Net loss $ (1,071,000) $ (1,205,000)
Weighted average number of shares outstanding, basic and diluted 107,269 107,231
Net loss per share, basic and diluted $ (0.01) $ (0.01)
Rental    
Revenues:    
Rental $ 62,567,000 $ 63,359,000
Related party revenue: Management fees and interest income from loans    
Revenues:    
Revenue 403,000 1,352,000
Related party revenue: Other    
Revenues:    
Revenue $ 13,000 $ 5,000