Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
Dec. 31, 2024	Dec. 31, 2023
Revenues:
Rental income	$ 78,750	$ 75,273
Total revenues	78,750	75,273
Operating Expenses:
Property operating expenses	15,410	15,489
General and administrative	16,549	11,795
Depreciation and amortization	13,833	13,794
Total operating expenses	45,792	41,078
Operating income	32,958	34,195
Interest expense	(26,560)	(24,570)
Equity in earnings of unconsolidated affiliate	221	189
Other income, net	1,980	1,450
Net income	8,599	11,264
Less: Net income attributable to noncontrolling interest	1,333	1,779
Net income attributable to common stockholders	$ 7,266	$ 9,485
Net income per common share attributable to common stockholders - basic earnings per share	$ 0.54	$ 0.71
Net income per common share attributable to common stockholders - diluted earnings per share	$ 0.54	$ 0.70
Weighted average common shares outstanding – basic	13,336,879	13,331,273
Weighted average common shares outstanding – diluted	13,521,767	13,516,162

The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.

Name:	us-gaap_DepreciationAndAmortization
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.