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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Consolidated Statements of Operations        
Rental revenue $ 11,728 $ 9,303 $ 23,247 $ 18,833
Operating expenses of rental properties 1,040 959 2,339 2,369
Real estate taxes 1,507 1,373 2,984 2,740
Depreciation and amortization expense 4,322 3,203 8,478 6,309
General and administrative expenses 2,398 2,724 5,332 5,694
Total expenses 9,267 8,259 19,133 17,112
Interest expense (152) (1,711) (1,671) (3,460)
Change in fair value of financial instruments   (979)   (719)
Losses on early extinguishment of debt (464)   (464)  
Gain on sales of real estate assets   322   342
Investment and other income 84 115 105 122
Other expense (3)   (6)  
Total other income (expense) (535) (2,253) (2,036) (3,715)
Income (loss) from continuing operations before income taxes 1,926 (1,209) 2,078 (1,994)
Income tax benefit 585   585  
Income (loss) from continuing operations 2,511 (1,209) 2,663 (1,994)
Discontinued operations:        
Income from discontinued operations 311 58 225 75
Gain on sale of equipment     203  
Income from discontinued operations 311 58 428 75
Net income (loss) $ 2,822 $ (1,151) $ 3,091 $ (1,919)
Income (loss) per Common Share-Basic:        
Income (loss) from continuing operations $ 0.25 $ (0.16) $ 0.26 $ (0.28)
Income from discontinued operations 0.03 0.01 0.04 0.01
Net income (loss) per common share 0.28 (0.15) 0.30 (0.27)
Income (loss) per Common Share-Diluted:        
Income (loss) from continuing operations 0.24 (0.16) 0.26 (0.28)
Income from discontinued operations 0.03 0.01 0.04 0.01
Net income (loss) per common share $ 0.27 $ (0.15) $ 0.30 $ (0.27)
Weighted average shares outstanding - basic 10,186,000 7,718,000 10,184,000 6,981,000
Weighted average shares outstanding - diluted 10,342,000 7,718,000 10,384,000 6,981,000