XML 17 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenue    
Rental revenue $ 2,675 $ 2,254
Total revenue 2,675 2,254
Expenses    
Property expenses 6,839 4,179
General and administrative 5,111 6,335
Interest expense 10,006
Depreciation and amortization 4,215 2,067
Impairment of real estate 777 4,060
Total expenses 26,948 16,641
Other income    
Interest income 646 113
Other expense (228) (87)
Total other income 418 26
Loss before income taxes (23,855) (14,361)
Provision for income taxes (1) (1)
Net loss (23,856) (14,362)
Net loss attributable to noncontrolling interests 11
Net loss attributable to Belpointe PREP, LLC $ (23,856) $ (14,351)
Loss per Class A unit (basic and diluted)    
Net loss per unit basic $ (6.56) $ (4.04)
Net loss per unit diluted $ (6.56) $ (4.04)
Weighted-average units outstanding basic 3,638,258 3,553,319
Weighted-average units outstanding diluted 3,638,258 3,553,319