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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Rental income $ 6,938 $ 4,816 $ 13,665 $ 8,754
Total revenues 8,393 5,698 15,695 10,616
Operating Expenses        
Cost of services 900 446 1,273 789
Depreciation and amortization 4,094 2,676 8,211 4,989
Property operating 1,913 1,197 3,998 2,447
Real estate related acquisition costs 529 0 529 0
Bad debt expense (recoveries) 6 (9) 35 46
General and administrative 2,870 2,477 6,568 5,063
Total operating expenses 10,312 6,787 20,614 13,334
Operating loss (1,919) (1,089) (4,919) (2,718)
Other income (expense)        
Interest and other income 15 7 26 7
Derivative fair value adjustment 805 20 2,570 211
Interest expense (2,685) (3,081) (5,273) (4,959)
Gain on extinguishment of debt 0 0 0 757
Other expense (1) (5) (6) (12)
Total other expense (1,866) (3,059) (2,683) (3,996)
Income tax benefit 887 1,019 1,514 1,643
Net loss (2,898) (3,129) (6,088) (5,071)
Plus: Net loss attributable to noncontrolling interest 270 399 517 664
Net loss attributable to common stockholders $ (2,628) $ (2,730) $ (5,571) $ (4,407)
Net loss attributable to common stockholders per share        
Basic and diluted $ (0.08) $ (0.11) $ (0.17) $ (0.19)
Weighted average shares outstanding        
Basic and diluted 32,043,824 24,831,316 32,005,410 23,657,916
Commissions [Member]        
Revenues        
Revenues $ 1,281 $ 571 $ 1,729 $ 1,206
Management Fees And Other Income [Member]        
Revenues        
Revenues $ 174 $ 311 $ 301 $ 656