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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Total revenues $ 36,266 $ 41,304 $ 74,033 $ 83,568
Expenses:        
Real estate operating expenses 12,140 12,344 24,830 25,178
Real estate taxes and insurance 7,169 9,043 14,142 17,762
Depreciation and amortization 14,645 18,186 29,372 33,856
General and administrative 3,767 3,981 7,584 7,765
Interest 6,084 5,664 11,890 11,030
Total expenses 43,805 49,218 87,818 95,591
Loss on extinguishment of debt     (67)  
Gain on consolidation of Sponsored REIT     394  
Impairment and loan loss reserve   1,140   1,140
Gain on sale of properties and impairment of asset held for sale, net (806)   7,586  
Loss before taxes (8,345) (9,054) (5,872) (13,163)
Tax expense 75 56 142 105
Net loss $ (8,420) $ (9,110) $ (6,014) $ (13,268)
Weighted average number of shares outstanding, basic 103,330 103,193 103,283 103,441
Weighted average number of shares outstanding, diluted 103,330 103,193 103,283 103,441
Net loss per share, basic $ (0.08) $ (0.09) $ (0.06) $ (0.13)
Net loss per share, diluted $ (0.08) $ (0.09) $ (0.06) $ (0.13)
Rental        
Revenues:        
Rental $ 36,257 $ 40,831 $ 74,024 $ 82,628
Related party revenue: Management fees and interest income from loans        
Revenues:        
Revenue   467   927
Related party revenue: Other        
Revenues:        
Revenue $ 9 $ 6 $ 9 $ 13