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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Rental revenues (including $232 and $223 for the three months ended September 30, 2023 and 2022, respectively, and $731 and $702 for the nine months ended September 30, 2023 and 2022, respectively, from related parties) $ 11,838 $ 7,570 $ 34,236 $ 22,310
Other income 688 749 2,217 1,925
Total revenue 12,526 8,319 36,453 24,235
Expenses:        
Property operating expenses (including $97 and $110 for the three months ended September 30, 2023 and 2022, respectively, and $296 and $337 for the nine months ended September 30, 2023 and 2022, respectively, from related parties) 7,443 4,701 20,580 12,541
Depreciation and amortization 3,313 2,193 9,615 6,840
General and administrative (including $856 and $1,288 for the three months ended September 30, 2023 and 2022, respectively, and $3,095 and $3,368 for the nine months ended September 30, 2023 and 2022, respectively, from related parties) 1,579 3,042 8,424 7,956
Advisory fee to related party 2,295 1,571 6,883 7,614
Total operating expenses 14,630 11,507 45,502 34,951
Net operating loss (2,104) (3,188) (9,049) (10,716)
Interest income (including $4,854 and $4,140 for the three months ended September 30, 2023 and 2022, respectively, and $14,165 and $11,134 for the nine months ended September 30, 2023 and 2022, respectively, from related parties) 9,008 7,035 25,201 19,937
Interest expense (1,954) (4,044) (7,574) (13,301)
Gain on foreign currency transactions 0 1,533 993 19,437
Loss on early extinguishment of debt 0 (1,166) (1,710) (2,805)
Equity in income from unconsolidated joint ventures 234 464,143 2,946 471,385
(Loss) gain on sales or write-down of assets (32) 1,539 156 16,580
Income tax provision (1,127) (81,548) (2,416) (81,616)
Net income 4,025 384,304 8,547 418,901
Net income attributable to noncontrolling interests (1,037) (82,015) (2,456) (88,986)
Net income attributable to common shares $ 2,988 $ 302,289 $ 6,091 $ 329,915
Earnings per share - basic and diluted        
Basic (in dollars per share) $ 0.18 $ 18.72 $ 0.38 $ 20.43
Diluted (in dollars per share) $ 0.18 $ 18.72 $ 0.38 $ 20.43
Weighted average common shares used in computing earnings per share        
Basic (in shares) 16,152,043 16,152,043 16,152,043 16,152,043
Diluted (in shares) 16,152,043 16,152,043 16,152,043 16,152,043