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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
6 Months Ended
Jun. 30, 2025
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES

NOTE 6 – INVESTMENT IN UNCONSOLIDATED JOINT VENTURES

As of June 30, 2025 and December 31, 2024, the Company participated in two unconsolidated joint ventures, each of which owns and operates one property; the Company’s equity investment in these ventures totaled $1,557,000 and $2,101,000, respectively. The Company recorded equity in earnings of $51,000 and $76,000 for the three and six months ended June 30, 2025, respectively, and $43,000 and $96,000 for the three and six months ended June 30, 2024, respectively.