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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenues:    
Rental income $ 62,181 $ 58,355
Total revenues 62,181 58,355
Operating Expenses:    
Property operating expenses 13,658 12,081
General and administrative 8,968 8,106
Depreciation and amortization 12,995 12,745
Total operating expenses 35,621 32,932
Operating income 26,560 25,423
Interest expense (17,125) (17,313)
Equity in earnings of unconsolidated affiliate 132 132
Other income 40 25
Net income 9,607 8,267
Less: Net income attributable to noncontrolling interest 3,237 2,711
Net income attributable to common stockholders $ 6,370 $ 5,556
Net income per common share attributable to common stockholders-basic and diluted earnings per share $ 0.47 $ 0.41
Weighted average common shares outstanding-basic 13,555,761 13,589,374
Weighted average common shares outstanding-diluted 13,641,160 13,615,223