XML 13 R4.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Rental revenues (including $242 and $221 for three months ended March 31, 2021 and 2020, respectively, from related parties) $ 10,361 $ 11,442
Other income 1,467 1,688
Total revenues 11,828 13,130
Property operating expenses (including $382 and $242 for three months ended March 31, 2021 and 2020, respectively, from related parties) 5,832 6,309
Depreciation and amortization 3,327 3,394
General and administrative (including $1,670 and $1,133 for three months ended March 31, 2021 and 2020, respectively, from related parties) 3,235 4,292
Advisory fee to related party 2,436 2,373
Total operating expenses 14,830 16,368
Net operating loss (3,002) (3,238)
Interest income (including $4,769 and $5,073 for the three months ended March 31, 2021 and 2020, respectively, from related parties) 5,644 5,754
Interest expense (including $1,395 and $1,915 for the three months ended March 31, 2021 and 2020, respectively, from related parties) (7,738) (9,602)
(Loss) gain on foreign currency transactions 7,617 7,843
Equity in income (loss) from unconsolidated joint ventures 3,336 (260)
Gain on sale or write-down of assets, net 17,398 4,138
Income tax expense (40) (247)
Net income 23,215 4,388
Net income attributable to noncontrolling interest (5,147) (1,442)
Net income loss attributable to the Company $ 18,068 $ 2,946
Earnings per share - basic    
Basic and diluted (in dollars per share) $ 1.12 $ 0.18
Weighted average common shares used in computing earnings per share    
Basic and diluted (in shares) 16,152,043 15,997,076