XML 16 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Real estate properties, net of accumulated depreciation and amortization of $93,400 and $80,499 $ 626,291 $ 635,836
Investments in unconsolidated joint ventures 32,178 34,242
Cash and cash equivalents 18,946 23,512
Restricted cash 568 632
Other assets 16,730 15,741
Total Assets 694,713 709,963
Liabilities:    
Mortgages payable, net of deferred costs of $3,584 and $4,009 421,250 422,427
Junior subordinated notes, net of deferred costs of $247 and $257 37,153 37,143
Credit facility 0 0
Accounts payable and accrued liabilities 21,636 21,948
Total Liabilities 480,039 481,518
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; 17,748 and 17,536 shares outstanding 177 175
Additional paid-in capital 268,382 267,271
Accumulated deficit (53,821) (38,986)
Total BRT Apartments Corp. stockholders’ equity 214,738 228,460
Non-controlling interest (64) (15)
Total Equity 214,674 228,445
Total Liabilities and Equity $ 694,713 $ 709,963