XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Rental income $ 5,875 $ 4,291 $ 14,629 $ 12,082
Total revenues 7,007 5,232 17,623 14,541
Operating Expenses        
Cost of services 557 379 1,346 968
Depreciation and amortization 3,426 2,497 8,415 7,478
Property operating 1,426 936 3,873 2,794
Bad debt expense (recoveries) (31) 45 15 210
General and administrative 2,781 2,201 7,844 6,356
Total operating expenses 8,159 6,058 21,493 17,806
Operating loss (1,152) (826) (3,870) (3,265)
Other income (expense)        
Interest and other income 1 2 8 50
Derivative fair value adjustment 50 3 261 (701)
Interest expense (2,387) (1,722) (7,346) (4,913)
Gain on extinguishment of debt 773   1,530  
Other expense     (12) (186)
Total other income (expense) (1,563) (1,717) (5,559) (5,750)
Income tax benefit 673 641 2,316 2,194
Net loss (2,042) (1,902) (7,113) (6,821)
Plus: Net loss attributable to noncontrolling interest 222 272 886 1,002
Net loss attributable to common stockholders $ (1,820) $ (1,630) $ (6,227) $ (5,819)
Net loss attributable to common stockholders per share        
Basic and diluted $ (0.06) $ (0.07) $ (0.25) $ (0.27)
Weighted average shares outstanding 28,825,677 22,461,869 25,399,433 21,880,975
Commissions [Member]        
Revenues        
Revenues $ 854 $ 570 $ 2,060 $ 1,404
Management and Other Fees [Member]        
Revenues        
Revenues $ 278 $ 371 $ 934 $ 1,055