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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Rental and other revenue from real estate properties $ 22,939 $ 11,430
Other income 0 4
Total revenues 22,939 11,434
Expenses:    
Real estate operating expenses - including $6 and $11 to related parties 10,434 4,753
Interest expense 5,483 2,021
General and administrative - including $173 and $246 to related parties 4,055 3,633
Depreciation and amortization 8,008 3,606
Total expenses 27,980 14,013
Total revenues less total expenses (5,041) (2,579)
Equity in earnings of unconsolidated joint ventures 815 1,230
Equity in earnings from sale of unconsolidated joint ventures properties 0 12,961
Gain on sale of real estate 0 6
Gain on insurance recoveries 240 0
(Loss) income from continuing operations (3,986) 11,618
Income tax provision 76 74
(Loss) income from continuing operations, net of taxes (4,062) 11,544
Net income attributable to non-controlling interest (36) (36)
Net (loss) income attributable to common stockholders $ (4,098) $ 11,508
Weighted average number of shares of common stock outstanding:    
Basic (in shares) 18,064,301 17,561,802
Diluted (in shares) 18,064,301 17,654,349
Per share amounts attributable to common stockholders:    
Basic (in dollars per share) $ (0.21) $ 0.62
Diluted (in dollars per share) $ (0.21) $ 0.62