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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Lease revenues $ 38,314 $ 41,439
Income from finance leases 89 442
Other lease-related income 5,604 783
Revenues 44,007 42,664
Operating Expenses    
Depreciation and amortization 17,970 17,738
Reimbursable tenant costs 6,200 6,829
Impairment charges — real estate 4,065 0
Property expenses, excluding reimbursable tenant costs 2,251 2,071
General and administrative 1,901 3,428
Asset management fees 1,804 0
Separation and distribution related costs and other 16 590
Total operating expenses 34,207 30,656
Other Income and Expenses    
Interest expense (20,800) (7,822)
Loss on sale of real estate, net (15,776) 0
Other gains and (losses) (821) 12
Total other income and expenses (37,397) (7,810)
(Loss) income before income taxes (27,597) 4,198
Provision for income taxes (224) (437)
Net (Loss) Income (27,821) 3,761
Net income attributable to noncontrolling interests (21) (18)
Net (Loss) Income Attributable to NLOP $ (27,842) $ 3,743
Basic (Loss) Earnings Per Share (per share) $ (1.88) $ 0.26
Diluted (Loss) Earnings Per Share (per share) $ (1.88) $ 0.26
Weighted-Average Shares Outstanding    
Basic (in shares) 14,785,118 14,620,919
Diluted (in shares) 14,785,118 14,620,919