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v3.26.1

Investment in Unconsolidated Ventures - Schedule of Income Statement Information (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2026 | Jun. 30, 2025 | Jun. 30, 2026 | Jun. 30, 2025
Revenues: |  |  |  |
Rental and other revenue | $ 24,041 | $ 23,729 | $ 48,211 | $ 47,348
Total revenues | 24,474 | 24,197 | 49,079 | 48,303
Expenses: |  |  |  |
Real estate operating expenses | 11,382 | 11,117 | 21,871 | 21,667
Interest expense | 5,993 | 5,707 | 11,953 | 11,383
Depreciation and amortization | 6,708 | 6,580 | 13,391 | 13,121
Total expenses | 27,617 | 27,148 | 54,616 | 53,985
Total revenues less total expenses | (3,143) | (2,951) | (5,537) | (5,682)
BRT's equity in (loss) earnings | (3,221) | (2,566) | (5,903) | (4,918)
Unconsolidated Joint Ventures |  |  |  |
Revenues: |  |  |  |
Rental and other revenue | 13,847 | 11,927 | 27,279 | 23,636
Total revenues | 13,847 | 11,927 | 27,279 | 23,636
Expenses: |  |  |  |
Real estate operating expenses | 6,878 | 5,744 | 13,383 | 10,917
Interest expense | 3,241 | 2,770 | 6,436 | 5,515
Depreciation and amortization | 3,917 | 3,163 | 8,115 | 6,911
Total expenses | 14,036 | 11,677 | 27,934 | 23,343
Total revenues less total expenses | (189) | 250 | (655) | 293
Other equity (loss) earnings | 145 | 18 | 139 | 108
Net (loss) income | (44) | 268 | (516) | 401
BRT's equity in (loss) earnings | $ (1) | $ 299 | $ (309) | $ 712

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