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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues    
Income Properties $ 31,672 $ 24,623
Interest Income From Commercial Loans and Investments 2,961 1,351
Total Revenues 35,811 28,127
Direct Cost of Revenues    
Total Direct Cost of Revenues (8,891) (7,572)
General and Administrative Expenses (4,683) (4,216)
Provision for Impairment   (48)
Depreciation and Amortization (14,364) (10,931)
Total Operating Expenses (27,938) (22,767)
Gain on Disposition of Assets   9,163
Other Gain   9,163
Total Operating Income 7,873 14,523
Investment and Other Income (Loss) 575 (3,259)
Interest Expense (6,136) (5,529)
Income Before Income Tax Benefit 2,312 5,735
Income Tax Benefit (Expense) (51) 107
Net Income Attributable to the Company 2,261 5,842
Distributions to Preferred Stockholders (1,878) (1,187)
Net Income Attributable to Common Stockholders $ 383 $ 4,655
Per Share Information-See Note 13:    
Basic Net Income Attributable to Common Stockholders (in dollars per share) $ 0.01 $ 0.21
Diluted Net Income Attributable to Common Stockholders (in dollars per share) $ 0.01 $ 0.2
Weighted Average Number of Common Shares - Basic (in shares) 31,552,973 22,551,241
Weighted Average Number of Common Shares - Diluted (in shares) 31,595,431 26,057,652
Income Properties    
Direct Cost of Revenues    
Total Direct Cost of Revenues $ (8,891) $ (6,753)
Management Fee Income    
Revenues    
Revenue from Contract with Customer, Including Assessed Tax $ 1,178 1,105
Real Estate Operations    
Revenues    
Revenue from Contract with Customer, Including Assessed Tax   1,048
Direct Cost of Revenues    
Total Direct Cost of Revenues   $ (819)