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Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2025
Segment Information |
Schedule of segment net operating income | ​
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​ | ​ | Three Months Ended | ​ | Nine Months Ended | ​ | Three Months Ended | ​ | Nine Months Ended
(in thousands) |  | September 30, 2025 |  | September 30, 2025 |  | September 30, 2024 |  | September 30, 2024
Total consolidated revenues | ​ | ​ | 27,300 | ​ | $ | 81,122 | ​ | ​ | 29,682 | ​ | $ | 91,737
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Reconciling items: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Amortization of above/below market leases | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (5) | ​ | ​ | (17)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Less: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Real estate operating expenses | ​ | ​ | 10,671 | ​ | ​ | 31,467 | ​ | ​ | 11,574 | ​ | ​ | 33,620
Real estate taxes and insurance | ​ | ​ | 5,262 | ​ | ​ | 14,822 | ​ | ​ | 5,512 | ​ | ​ | 17,175
Segment NOI | ​ | $ | 11,367 | ​ | $ | 34,833 |  | $ | 12,591 |  | $ | 40,925
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​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | ​ | Nine Months Ended | ​ | Three Months Ended | ​ | Nine Months Ended
Reconciliation to Net loss | ​ | ​ | September 30, 2025 | ​ | September 30, 2025 | ​ | September 30, 2024 | ​ | September 30, 2024
Net loss |  | $ | (8,326) |  | $ | (37,637) |  | $ | (15,622) |  | $ | (44,197)
Add (deduct): | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Loss on extinguishment of debt | ​ | ​ | 7 | ​ | ​ | 12 | ​ | ​ | 477 | ​ | ​ | 614
(Gain) loss on sale of properties and impairment of assets held for sale, net | ​ | ​ | — | ​ |  | 12,900 | ​ | ​ | 7,254 | ​ |  | 20,459
Depreciation and amortization | ​ | ​ | 10,550 | ​ |  | 32,000 | ​ | ​ | 10,911 | ​ |  | 34,018
Amortization of above/below market leases | ​ | ​ | — | ​ |  | — | ​ | ​ | (5) | ​ |  | (17)
General and administrative | ​ | ​ | 3,034 | ​ |  | 9,799 | ​ | ​ | 3,275 | ​ |  | 11,069
Interest expense | ​ | ​ | 6,348 | ​ |  | 18,378 | ​ | ​ | 6,585 | ​ |  | 20,513
Interest income | ​ | ​ | (249) | ​ |  | (756) | ​ | ​ | (340) | ​ |  | (1,696)
Tax expense | ​ | ​ | 3 | ​ | ​ | 137 | ​ | ​ | 56 | ​ |  | 162
Segment NOI |  | $ | 11,367 |  | $ | 34,833 |  | $ | 12,591 |  | $ | 40,925
​

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- 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
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