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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Rental income $ 4,583 $ 5,241
Other operating income 34 76
Total revenues 4,617 5,317
Expenses:    
Operating, maintenance, and management 954 1,082
Property management fees and expenses to affiliate 35 41
Real estate taxes and insurance 733 777
Asset management fees to affiliate 435 461
General and administrative expenses 473 375
Depreciation and amortization 2,166 2,200
Interest expense 2,888 1,976
Impairment charges on real estate 5,750 0
Total expenses 13,434 6,912
Other income:    
Interest and other income 12 14
Gain on sale of real estate 5,245 0
Equity in loss of unconsolidated joint venture (469) 0
Loss from extinguishment of debt (29) 0
Total other income 4,759 14
Net loss $ (4,058) $ (1,581)
Net loss per common share, basic and diluted (in dollars per share) $ (0.40) $ (0.16)
Weighted-average number of common shares outstanding, basic and diluted (in shares) 10,171,186 9,751,203