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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Rental revenue $ 6,657 $ 7,097 $ 13,402 $ 13,983
Other income 159 190 338 434
Total revenues 6,816 7,287 13,740 14,417
Expenses:        
Real estate operating expenses - including $8 and $40 to related parties for the three months ended and $16 and $79 for the six months ended 3,004 3,325 6,062 6,501
Interest expense 1,809 2,049 3,669 3,995
General and administrative - including $238 and $155 to related parties for the three months ended and $464 and $297 for the six months ended 2,957 2,481 6,324 5,025
Depreciation 1,809 1,428 3,370 2,975
Total expenses 9,579 9,283 19,425 18,496
Total revenues less total expenses (2,763) (1,996) (5,685) (4,079)
Equity in loss of unconsolidated joint ventures (1,387) (2,218) (3,202) (4,286)
Loss from continuing operations (4,150) (4,214) (8,887) (8,365)
Income tax provision 65 59 127 121
Net loss from continuing operations, net of taxes (4,215) (4,273) (9,014) (8,486)
Net income attributable to non-controlling interests (31) (44) (63) (78)
Net loss attributable to common stockholders $ (4,246) $ (4,317) $ (9,077) $ (8,564)
Weighted average number of shares of common stock outstanding:        
Basic and diluted (in shares) 17,176,401 15,900,316 17,054,327 15,893,443
Per share amounts attributable to common stockholders:        
Basic and diluted (in dollars per share) $ (0.25) $ (0.27) $ (0.53) $ (0.54)