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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Rental income and related revenues $ 6,707 $ 7,461 $ 13,572 $ 14,735
Resident fees and services $ 74,332 $ 65,868 $ 146,064 $ 130,677
Type of revenue [extensible list] us-gaap:HealthCareResidentServiceMember us-gaap:HealthCareResidentServiceMember us-gaap:HealthCareResidentServiceMember us-gaap:HealthCareResidentServiceMember
Total revenues $ 81,039 $ 73,329 $ 159,636 $ 145,412
Operating expenses:        
Property operating expenses 56,518 47,343 111,851 95,198
General and administrative expenses 2,441 2,271 5,072 4,519
Depreciation and amortization 13,891 12,307 27,533 24,944
Total operating expenses 80,200 69,154 158,902 139,433
Operating income 839 4,175 734 5,979
Other income (expense):        
Interest and other income 3,989 392 3,994 390
Interest expense and loan cost amortization (4,739) (5,260) (8,602) (10,541)
Gain on change of control of a joint venture 0 0 8,376 0
Equity in earnings of unconsolidated entity 0 256 0 237
Total other (expense) income (750) (4,612) 3,768 (9,914)
Income (loss) before income taxes 89 (437) 4,502 (3,935)
Income tax (expense) benefit (65) 1,023 (150) 2,359
Income (loss) from continuing operations 24 586 4,352 (1,576)
loss from discontinued operations 0 0 0 (10)
Net income (loss) 24 586 4,352 (1,586)
Less: Amounts attributable to noncontrolling interests        
Net income (loss) from continuing operations 23 (8) 48 (33)
Net income (loss) attributable to common stockholders $ 1 $ 594 $ 4,304 $ (1,553)
Net income (loss) per share of common stock (basic and diluted)        
Continuing operations $ 0.00 $ 0.00 $ 0.03 $ (0.01)
Discontinued operations $ 0.00 $ 0.00 $ 0.00 $ (0.00)
Weighted average number of shares of common stock outstanding (basic and diluted) 173,960 173,960 173,960 173,960
Asset Management Fees        
Operating expenses:        
Asset management fees $ 3,523 $ 4,114 $ 7,102 $ 8,583
Property Management Fees        
Operating expenses:        
Asset management fees $ 3,827 $ 3,119 $ 7,344 $ 6,189