XML 47 R32.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Segment Information |
Schedule of segment net operating income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended | ​ | Year Ended | ​ | Year Ended
(in thousands) |  | 31-Dec-24 |  | 31-Dec-23 | ​ | 31-Dec-22
Total consolidated revenues | ​ | $ | 120,112 | ​ | $ | 145,707 | ​ | $ | 165,615
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Reconciling items: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Amortization of above/below market leases | ​ | ​ | (17) | ​ | ​ | (44) | ​ | ​ | (118)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Less: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Real estate operating expenses | ​ | ​ | 45,043 | ​ | ​ | 50,732 | ​ | ​ | 52,820
Real estate taxes and insurance | ​ | ​ | 22,716 | ​ | ​ | 27,200 | ​ | ​ | 34,620
Segment NOI | ​ | $ | 52,336 |  | $ | 67,731 | ​ | $ | 78,057
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Year Ended | ​ |  | Year Ended | ​ | ​ | Year Ended
Reconciliation to Net Income (Loss) | ​ | ​ | 31-Dec-24 | ​ | ​ | 31-Dec-23 | ​ | ​ | 31-Dec-22
Net income (loss) |  | $ | (52,723) |  | $ | (48,110) | ​ | ​ | 1,094
Add (deduct): | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Loss on extinguishment of debt | ​ | ​ | 1,042 | ​ | ​ | 106 | ​ | ​ | 78
Gain on consolidation of Sponsored REIT | ​ |  | — | ​ |  | (394) | ​ | ​ | —
Impairment and loan loss reserve | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 4,237
(Gain) loss on sale of properties and impairment of assets held for sale, net | ​ |  | 20,826 | ​ |  | 23,384 | ​ | ​ | (27,939)
Depreciation and amortization | ​ |  | 44,774 | ​ |  | 54,738 | ​ | ​ | 63,808
Amortization of above/below market leases | ​ |  | (17) | ​ |  | (44) | ​ | ​ | (118)
General and administrative | ​ |  | 13,884 | ​ |  | 14,021 | ​ | ​ | 13,885
Interest expense | ​ |  | 26,424 | ​ |  | 24,318 | ​ | ​ | 22,808
Interest income | ​ |  | (2,090) | ​ |  | (567) | ​ | ​ | —
Tax expense | ​ | ​ | 216 | ​ |  | 279 | ​ | ​ | 204
Segment NOI |  | $ | 52,336 |  | $ | 67,731 | ​ | $ | 78,057
​

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration