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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Total Revenues $ 28,127 $ 24,717
Direct Cost of Revenues    
Total Direct Cost of Revenues (7,572) (7,238)
General and Administrative Expenses (4,216) (3,727)
Provision for Impairment (48) (479)
Depreciation and Amortization (10,931) (10,316)
Total Operating Expenses (22,767) (21,760)
Gain on Disposition of Assets 9,163  
Other Gain 9,163  
Total Operating Income 14,523 2,957
Investment and Other Loss 3,259 4,291
Interest Expense (5,529) (4,632)
Income Before Income Tax Benefit (Expense) 5,735 (5,966)
Income Tax Benefit (Expense) 107 (27)
Net Income (Loss) Attributable to the Company 5,842 (5,993)
Distributions to Preferred Stockholders (1,187) (1,195)
Net Income (Loss) Attributable to Common Stockholders $ 4,655 $ (7,188)
Per Share Information-See Note 13:    
Basic Net Income (Loss) Attributable to Common Stockholders (in dollars per share) $ 0.21 $ (0.32)
Diluted Net Income ( Loss) Attributable to Common Stockholders (in dollars per share) $ 0.20 $ (0.32)
Weighted Average Number of Common Shares - Basic (in shares) 22,551,241 22,704,829
Weighted Average Number of Common Shares - Diluted (in shares) 26,057,652 22,704,829
Income Properties    
Revenues    
Total Revenues $ 24,623 $ 22,432
Direct Cost of Revenues    
Total Direct Cost of Revenues (6,753) (7,153)
Provision for Impairment 0 0
Management Fee Income    
Revenues    
Total Revenues 1,105 1,098
Interest Income From Commercial Loans and Investments    
Revenues    
Total Revenues 1,351 795
Direct Cost of Revenues    
Provision for Impairment (100) (500)
Real Estate Operations    
Revenues    
Total Revenues 1,048 392
Direct Cost of Revenues    
Total Direct Cost of Revenues $ (819) $ (85)