XML 14 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Real estate properties, net of accumulated depreciation and amortization of $61,480 and $55,195 $ 647,476 $ 651,603
Investments in unconsolidated joint ventures 41,163 42,576
Cash and cash equivalents 15,252 20,281
Restricted cash 830 872
Other assets 14,980 16,786
Total Assets 719,701 732,118
Liabilities:    
Mortgages payable, net of deferred costs of $4,655 and $4,166 423,820 403,792
Junior subordinated notes, net of deferred costs of $272 and $277 37,128 37,123
Credit facility, net of deferred costs of $— and $498 0 18,502
Accounts payable and accrued liabilities 15,419 22,631
Total Liabilities 476,367 482,048
Commitments and contingencies
BRT Apartments Corp. stockholders' equity:    
Preferred shares $0.01 par value 2,000 shares authorized, none outstanding 0 0
Common stock, $0.01 par value, 300,000 shares authorized; 18,191 and 18,006 shares outstanding 182 180
Additional paid-in capital 276,034 273,863
Accumulated deficit (32,900) (23,955)
Total BRT Apartments Corp. stockholders’ equity 243,316 250,088
Non-controlling interest 18 (18)
Total Equity 243,334 250,070
Total Liabilities and Equity $ 719,701 $ 732,118