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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Total revenues $ 26,715 $ 30,830 $ 53,822 $ 62,055
Expenses:        
Real estate operating expenses 10,701 11,027 20,796 22,046
Real estate taxes and insurance 4,191 5,727 9,560 11,663
Depreciation and amortization 10,626 11,482 21,450 23,107
General and administrative 3,281 3,635 6,765 7,794
Interest 6,339 7,082 12,030 13,928
Total expenses 35,138 38,953 70,601 78,538
Loss on extinguishment of debt (3)   (5) (137)
Loss on sale of properties and impairment of assets held for sale, net 384 (13,200) (12,900) (13,205)
Interest income 248 348 507 1,356
Loss before taxes (7,794) (20,975) (29,177) (28,469)
Tax expense 82 48 134 106
Net loss $ (7,876) $ (21,023) $ (29,311) $ (28,575)
Weighted average number of shares outstanding, basic (in shares) 103,610 103,477 103,589 103,454
Weighted average number of shares outstanding, diluted (in shares) 103,610 103,477 103,589 103,454
Net loss per share, basic (in dollars per share) $ (0.08) $ (0.2) $ (0.28) $ (0.28)
Net loss per share, diluted (in dollars per share) $ (0.08) $ (0.2) $ (0.28) $ (0.28)
Rental        
Revenues:        
Rental $ 26,715 $ 30,818 $ 53,822 $ 62,043
Other        
Revenues:        
Other   $ 12   $ 12