Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Revenues:
Rental income	$ 23,692	$ 18,772	$ 67,902	$ 52,740
Fee and other	634	895	1,925	2,264
Total revenues	24,326	19,667	69,827	55,004
Operating expenses:
Real estate taxes	2,865	2,487	8,287	7,174
Property operating expenses	2,355	2,536	6,800	7,007
General and administrative	3,751	3,884	13,003	12,094
Casualty and impairment losses (gains), net	97	216	(98)	216
Depreciation and amortization	6,109	5,756	17,647	16,575
Total operating expenses	15,177	14,879	45,639	43,066
Loss on sale of real estate assets	0	0	(49)	0
Income from operations	9,149	4,788	24,139	11,938
Other income	0	9	30	74
Interest expense, net:
Contractual interest expense	(3,903)	(3,246)	(11,157)	(8,771)
Write-off and amortization of deferred financing fees and amortization of debt discount	(215)	(180)	(637)	(543)
Loss on early extinguishment of debt	(142)	0	(142)	0
Interest income	0	7	7	13
Total interest expense, net	(4,260)	(3,419)	(11,929)	(9,301)
Income before income tax expense	4,889	1,378	12,240	2,711
Income tax expense	(6)	(29)	(30)	(73)
Net income	4,883	1,349	12,210	2,638
Net income attributable to operating partnership unitholders’ non-controlling interests	(1,073)	(278)	(2,704)	(544)
Net income attributable to common stockholders	$ 3,810	$ 1,071	$ 9,506	$ 2,094
Net income per share:
Basic (in dollars per share)	$ 0.13	$ 0.03	$ 0.32	$ 0.04
Diluted (in dollars per share)	$ 0.13	$ 0.03	$ 0.32	$ 0.04
Weighted average common shares outstanding:
Basic (in shares)	24,627,866	22,737,484	23,810,318	22,375,339
Diluted (in shares)	24,627,866	22,737,484	23,810,318	22,375,339
Comprehensive income:
Net income	$ 4,883	$ 1,349	$ 12,210	$ 2,638
Unrealized loss on derivative instruments	(533)	(5,775)	(5,002)	(2,942)
Comprehensive income (loss)	4,350	(4,426)	7,208	(304)
Comprehensive income (loss) attributable to operating partnership unitholders’ non-controlling interests	(956)	913	(1,604)	95
Comprehensive income (loss) attributable to common stockholders	$ 3,394	$ (3,513)	$ 5,604	$ (209)