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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue        
Rental revenue $ 384 $ 778 $ 721 $ 1,275
Total revenue 384 778 721 1,275
Expenses        
Property expenses 1,429 989 2,692 2,007
General and administrative 1,176 1,216 2,746 2,987
Interest expense 1,705 2,426
Depreciation and amortization 641 688 925 1,200
Impairment of real estate 182 2,166 777 2,166
Total expenses 5,133 5,059 9,566 8,360
Other income        
Interest income 96 1 238 1
Other (expense) income (63) 209 (90) 206
Total other income 33 210 148 207
Net loss (4,716) (4,071) (8,697) (6,878)
Net income attributable to noncontrolling interests (4) (9) (4) (12)
Net loss attributable to Belpointe PREP, LLC $ (4,720) $ (4,080) $ (8,701) $ (6,890)
Loss per Class A unit (basic and diluted)        
Net loss per unit basic $ (1.30) $ (1.16) $ (2.40) $ (1.95)
Net loss per unit diluted $ (1.30) $ (1.16) $ (2.40) $ (1.95)
Weighted-average units outstanding basic 3,631,703 3,526,511 3,631,617 3,524,988
Weighted-average units outstanding diluted 3,631,703 3,526,511 3,631,617 3,524,988