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Consolidated Statements of Income - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Revenue $ 16,000 $ 21,000
Total revenues 59,039,000 62,983,000
Expenses:    
Real estate operating expenses 15,939,000 17,298,000
Real estate taxes and insurance 12,366,000 11,762,000
Depreciation and amortization 24,381,000 22,338,000
General and administrative 4,146,000 3,525,000
Interest 8,600,000 9,063,000
Total expenses 65,432,000 63,986,000
Loss before taxes (6,393,000) (1,003,000)
Tax expense 67,000 68,000
Net loss $ (6,460,000) $ (1,071,000)
Weighted average number of shares outstanding, basic and diluted 107,328 107,269
Net loss per share, basic and diluted $ (0.06) $ (0.01)
Rental    
Revenues:    
Rental $ 58,623,000 $ 62,567,000
Related party revenue: Management fees and interest income from loans    
Revenues:    
Revenue 410,000 403,000
Related party revenue: Other    
Revenues:    
Revenue $ 6,000 $ 13,000