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CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Lease Income $ 4,590,400 $ 3,087,597 $ 8,761,711 $ 6,046,887
Total Revenues 4,590,400 3,087,597 8,761,711 6,046,887
Operating Expenses:        
Real Estate Expenses 550,085 378,322 1,150,473 751,574
General and Administrative Expenses (1,132,011) (342,392) (2,415,801) (851,079)
Depreciation and Amortization (2,285,494) (1,315,651) (4,308,824) (2,517,154)
Total Operating Expenses 3,967,590 2,036,365 7,875,098 4,119,807
Net Income from Operations 622,810 1,051,232 886,613 1,927,080
Interest Expense 343,117   592,288  
Net Income 279,693 1,051,232 294,325 1,927,080
Less: Net Income Attributable to Noncontrolling Interest (39,455)   (41,418)  
Net Income Attributable to Alpine Income Property Trust, Inc. $ 240,238 $ 1,051,232 $ 252,907 $ 1,927,080
Net Income        
Basic (in dollars per share) $ 0.03   $ 0.03  
Diluted (in dollars per share) $ 0.03   $ 0.03  
Weighted Average Number of Common Shares:        
Basic (in shares) 7,544,991   7,721,835  
Diluted (in shares) 8,768,845   8,945,689  
Dividends Declared and Paid (in dollars per share) $ 0.20   $ 0.40