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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Rental revenue $ 30,702 $ 29,476
Other income 244 175
Total revenues 30,946 29,651
Expenses:    
Real estate operating expenses - including $927 and $836 to related parties 14,814 14,198
Interest expense 8,769 8,657
General and administrative - including $142 and $146 to related parties 2,544 2,453
Depreciation 9,617 9,240
Total expenses 35,744 34,548
Total revenues less total expenses (4,798) (4,897)
Equity in loss of unconsolidated joint ventures (223) (63)
Gain on sale of real estate 0 51,981
Gain on insurance recoveries 0 3,227
Loss on extinguishment of debt 0 (593)
(Loss) income from continuing operations (5,021) 49,655
Income tax provision (benefit) 62 (253)
Net (loss) income from continuing operations, net of taxes (5,083) 49,908
Net loss (income) attributable to non-controlling interests 836 (24,686)
Net (loss) income attributable to common stockholders $ (4,247) $ 25,222
Weighted average number of shares of common stock outstanding:    
Basic (in shares) 15,886,493 14,242,076
Diluted (in shares) 15,886,493 14,442,076
Per share amounts attributable to common stockholders:    
Basic (in dollars per share) $ (0.27) $ 1.77
Diluted (in dollars per share) $ (0.27) $ 1.75