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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenues    
Rental income $ 29,871 $ 21,408
Total revenues 32,951 25,349
Operating Expenses    
Cost of services 1,917 1,824
Depreciation and amortization 17,436 12,501
Property operating 8,672 5,694
Bad debt expense 235 34
General and administrative 13,513 11,360
Total operating expenses 41,773 31,413
Operating loss (8,822) (6,064)
Other income (expense)    
Net interest and other income (expense) 26 (33)
Derivative fair value adjustment 2,638 353
Net loss on fair value change on debt held under the fair value option (3,151) 0
Interest expense (12,710) (9,961)
(Loss) gain on extinguishment of debt (59) 1,528
Other expense (52) (100)
Total other expense (13,308) (8,213)
Income tax benefit 5,857 3,533
Net loss (16,273) (10,744)
Less: Preferred equity return on Fortess preferred equity (1,492) 0
Less: Preferred OP units return (48) 0
Plus: Net loss attributable to noncontrolling interest 2,522 1,236
Net loss attributable to common stockholders $ (15,291) $ (9,508)
Net loss attributable to common stockholders per share    
Net loss attributable to common stockholders per share, Basic $ (0.47) $ (0.35)
Net loss attributable to common stockholders per share, Diluted $ (0.47) $ (0.35)
Weighted average shares outstanding    
Weighted average shares outstanding, Basic 32,378,526 26,928,510
Weighted average shares outstanding, Diluted 32,378,526 26,928,510
Commissions [Member]    
Revenues    
Revenues $ 2,523 $ 2,836
Management and other income [Member]    
Revenues    
Revenues $ 557 $ 1,105