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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Rental income $ 46,163 $ 46,007
Interest and other income 4,443 469
Total revenues 50,606 46,476
Expenses:    
Depreciation and amortization 12,238 13,575
Interest expense 9,827 5,742
Property taxes 880 1,420
Impairment of real estate investments 1,886 59,683
Provision for loan losses, net 0 3,844
Property operating expenses 963 447
General and administrative 5,061 5,215
Total expenses 30,855 89,926
Other (loss) income:    
(Loss) gain on sale of real estate, net (70) 186
Unrealized losses on other real estate related investments, net (454) 0
Total other (loss) income (524) 186
Net income (loss) $ 19,227 $ (43,264)
Earnings (loss) per common share:    
Basic (in usd per share) $ 0.19 $ (0.45)
Diluted (in usd per share) $ 0.19 $ (0.45)
Weighted-average number of common shares:    
Basic (in shares) 99,063 96,410
Diluted (in shares) 99,087 96,410