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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Total revenues $ 30,830 $ 36,266 $ 62,055 $ 74,033
Expenses:        
Real estate operating expenses 11,027 12,140 22,046 24,830
Real estate taxes and insurance 5,727 7,169 11,663 14,142
Depreciation and amortization 11,482 14,645 23,107 29,372
General and administrative 3,635 3,767 7,794 7,584
Interest 7,082 6,084 13,928 11,890
Total expenses 38,953 43,805 78,538 87,818
Loss on extinguishment of debt     (137) (67)
Gain on consolidation of Sponsored REIT       394
Gain (loss) on sale of properties and impairment of assets held for sale, net (13,200) (806) (13,205) 7,586
Interest income 348   1,356  
Loss before taxes (20,975) (8,345) (28,469) (5,872)
Tax expense 48 75 106 142
Net loss $ (21,023) $ (8,420) $ (28,575) $ (6,014)
Weighted average number of shares outstanding, basic (in shares) 103,477 103,330 103,454 103,283
Weighted average number of shares outstanding, diluted (in shares) 103,477 103,330 103,454 103,283
Net loss per share, basic (in dollars per share) $ (0.20) $ (0.08) $ (0.28) $ (0.06)
Net loss per share, diluted (in dollars per share) $ (0.20) $ (0.08) $ (0.28) $ (0.06)
Rental        
Revenues:        
Rental $ 30,818 $ 36,257 $ 62,043 $ 74,024
Other        
Revenues:        
Other $ 12 $ 9 $ 12 $ 9