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Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenue    
Rental revenue $ 2,254 $ 1,391
Total revenue 2,254 1,391
Expenses    
Property expenses 4,179 3,809
General and administrative 6,335 5,798
Depreciation and amortization 2,067 1,291
Impairment of real estate [1] 4,060
Total expenses 16,641 10,898
Other income    
Interest income 113 1,850
Other expense (87) (469)
Total other income 26 1,381
Loss before income taxes (14,361) (8,126)
Provision for income taxes (1) (112)
Net loss (14,362) (8,238)
Net loss attributable to noncontrolling interests 11 555
Net loss attributable to Belpointe PREP, LLC $ (14,351) $ (7,683)
Net loss per unit basic $ (4.04) $ (2.25)
Net loss per unit diluted $ (4.04) $ (2.25)
Weighted-average units outstanding basic 3,553,319 3,416,527
Weighted-average units outstanding Diluted 3,553,319 3,416,527
[1] During the year ended December 31, 2023, we recorded impairment charges of $4.1 million in relation to one of our real estate assets located in Nashville, Tennessee, based on our conclusion that the estimated fair market value of the real estate asset was lower than the carrying value, and as a result, we reduced the carrying value to the estimated fair market value.