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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Real estate investments, net $ 528,741 $ 518,314
Cash and cash equivalents 29,286 12,173
Restricted cash and equivalents 23,963 25,585
Straight-line rent receivable, net 26,335 23,334
Right of use lease asset 1,290 1,542
Goodwill, other intangible assets and lease rights 23,286 8,604
Deferred financing expenses 5,547 6,035
Notes receivable, net 16,819 17,706
Other assets 6,278 3,502
Total Assets 661,545 616,795
Liabilities    
Accounts payable and accrued liabilities 13,004 16,907
Bonds, net 150,786 100,294
Notes payable and other debt 428,843 436,192
Operating lease liability 1,290 1,542
Other liabilities 12,403 14,587
Total Liabilities 606,326 569,522
Commitments and Contingencies (Note 8)
Equity    
Common stock, $.0001 par value, 500,000,000 shares authorized, 7,411,828 shares and 6,487,856 issued and outstanding
Preferred stock, $.0001 par value, 100,000,000 shares authorized, 0 shares issued and outstanding
Additional paid in capital 10,350 5,746
Accumulated other comprehensive income 925 529
Retained earnings 1,339 1,232
Total Stockholders’ Equity 12,614 7,507
Non-controlling interest 42,605 39,766
Total Equity 55,219 47,273
Total Liabilities and Equity $ 661,545 $ 616,795