XML 16 R5.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Noncontrolling Interest [Member]
Balance at Dec. 31, 2023 $ 47,273 $ 5,746 $ 529 $ 1,232 $ 39,766
Balance, shares at Dec. 31, 2023   6,487,856        
Common Stock Retirement (unaudited) (153) (153)
Common Stock Retirement, shares   (19,348)        
Dividends (unaudited) (778) (778)
Non-controlling interest distributions (unaudited) (5,460) (5,460)
Net change in foreign currency translation (unaudited) 1,350 168 1,182
Net income (unaudited) 5,992 746 5,246
Balance at Mar. 31, 2024 48,224 5,593 697 1,200 40,734
Balance, shares at Mar. 31, 2024   6,468,508        
Balance at Dec. 31, 2023 47,273 5,746 529 1,232 39,766
Balance, shares at Dec. 31, 2023   6,487,856        
Net income (unaudited) 13,032          
Balance at Jun. 30, 2024 50,668 5,086 1,048 1,304 43,230
Balance, shares at Jun. 30, 2024   6,898,867        
Balance at Mar. 31, 2024 48,224 5,593 697 1,200 40,734
Balance, shares at Mar. 31, 2024   6,468,508        
Common Stock Retirement (unaudited) (507) (507)
Common Stock Retirement, shares   (53,787)        
OP Units Converted to Common Stock (unaudited)
OP Units Converted to Common Stock (unaudited), shares   484,146        
Dividends (unaudited) (834) (834)
Non-controlling interest distributions (unaudited) (5,890) (5,890)
Net change in foreign currency translation (unaudited) 2,635 351 2,284
Net income (unaudited) 7,040 938 6,102
Balance at Jun. 30, 2024 50,668 5,086 1,048 1,304 43,230
Balance, shares at Jun. 30, 2024   6,898,867        
Balance at Dec. 31, 2024 83,571 $ 1 16,535 340 1,292 65,403
Balance, shares at Dec. 31, 2024   12,062,309        
Issuance of common stock in exchange for OP units (unaudited)
Issuance of common stock in exchange for OP units (unaudited), shares   250,000        
ATM common stock sales (unaudited) 2,244 2,244
ATM common stock sales (unaudited), shares   190,972        
Employee common stock bonus (unaudited) 72 72
Employee common stock bonus (unaudited, shares   6,450        
OP Units Retirement (unaudited) (2,026) (2,026)
Dividends (unaudited) (1,714) (1,714)
Non-controlling interest distributions (unaudited) (6,020) (6,020)
Net change in foreign currency translation (unaudited) 4,074 923 3,151
Reallocation of non-controlling interest (unaudited) (1,659) 1,659
Net income (unaudited) 6,991 1,584 5,407
Balance at Mar. 31, 2025 87,192 $ 1 17,192 1,263 1,162 67,574
Balance, shares at Mar. 31, 2025   12,509,731        
Balance at Dec. 31, 2024 83,571 $ 1 16,535 340 1,292 65,403
Balance, shares at Dec. 31, 2024   12,062,309        
Net income (unaudited) 15,653          
Balance at Jun. 30, 2025 66,620 $ 1 17,554 (3,439) 1,376 51,128
Balance, shares at Jun. 30, 2025   12,992,595        
Balance at Mar. 31, 2025 87,192 $ 1 17,192 1,263 1,162 67,574
Balance, shares at Mar. 31, 2025   12,509,731        
Common Stock Retirement (unaudited) (652) (652)
Common Stock Retirement, shares   (64,636)        
OP Units Converted to Common Stock (unaudited)
OP Units Converted to Common Stock (unaudited), shares   547,500        
Dividends (unaudited) (1,742) (1,742)
Non-controlling interest distributions (unaudited) (6,020) (6,020)
Net change in foreign currency translation (unaudited) (20,820) (4,702) (16,118)
Reallocation of non-controlling interest (unaudited) 1,014 (1,014)
Net income (unaudited) 8,662 1,956 6,706
Balance at Jun. 30, 2025 $ 66,620 $ 1 $ 17,554 $ (3,439) $ 1,376 $ 51,128
Balance, shares at Jun. 30, 2025   12,992,595