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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended
Jan. 31, 2020
Sep. 30, 2019
Sep. 30, 2019
Revenues:      
Rental income $ 8,107 $ 24,943 $ 78,619
Other operating income 483 1,480 5,359
Total revenues 8,590 26,423 83,978
Expenses:      
Operating, maintenance, and management 2,233 7,991 25,867
Real estate taxes and insurance 1,336 4,294 13,959
Asset management fees to affiliate 751 2,469 7,707
General and administrative expenses 422 1,342 4,204
Depreciation and amortization 2,586 11,050 33,053
Interest expense 1,159 4,418 13,262
Impairment charges on real estate 0 14,300 14,300
Total expenses 8,487 45,864 112,352
Other income (loss):      
Other interest income 93 114 477
Loss from extinguishment of debt (87) (165) (471)
Gain on sale of real estate, net 1,935 0 30,754
Total other income (loss) 1,941 (51) 30,760
Net income (loss) $ 2,044 $ (19,492) $ 2,386
Net income (loss) per common share, basic and diluted (in dollars per share) $ 0.01 $ (0.10) $ 0.01
Weighted-average number of common shares outstanding, basic and diluted (in shares) 185,299,655 185,770,646 186,064,468