11.

Segment Reporting

The Company has classified its reporting segments into commercial and residential rental properties. The commercial reporting segment includes the

141

Livingston Street property and portions of the

250

Livingston Street, Tribeca House and Aspen properties. The residential reporting segment includes the Flatbush Gardens property, the

107

Columbia Heights property, the

West

Street property and portions of the

250

Livingston Street, Tribeca House and Aspen properties.

The Company’s income from operations by segment for the

three

and

six

months ended

June 30, 2019

and

2018,

is as follows (unaudited):

Three months ended June 30, 2019	Commercial		Residential		Total
Rental income	$	7,300	$	21,146	$	28,446
Total revenues		7,300		21,146		28,446
Property operating expenses		1,036		5,711		6,747
Real estate taxes and insurance		1,236		4,471		5,707
General and administrative		409		2,170		2,579
Depreciation and amortization		970		3,620		4,590
Total operating expenses		3,651		15,972		19,623
Income from operations	$	3,649	$	5,174	$	8,823

Three months ended June 30, 2018	Commercial		Residential		Total
Rental income	$	7,204	$	20,096	$	27,300
Total revenues		7,204		20,096		27,300
Property operating expenses		1,040		5,541		6,581
Real estate taxes and insurance		1,111		4,251		5,362
General and administrative		218		2,388		2,606
Depreciation and amortization		896		3,539		4,435
Total operating expenses		3,265		15,719		18,984
Income from operations	$	3,939	$	4,377	$	8,316

Six months ended June 30, 2019	Commercial		Residential		Total
Rental income	$	14,180	$	41,918	$	56,098
Total revenues		14,180		41,918		56,098
Property operating expenses		2,177		12,133		14,310
Real estate taxes and insurance		2,472		8,966		11,438
General and administrative		688		3,559		4,247
Depreciation and amortization		1,916		7,223		9,139
Total operating expenses		7,253		31,881		39,134
Income from operations	$	6,927	$	10,037	$	16,964

Six months ended June 30, 2018	Commercial		Residential		Total
Rental income	$	14,393	$	39,775	$	54,168
Total revenues		14,393		39,775		54,168
Property operating expenses		2,250		11,587		13,837
Real estate taxes and insurance		2,217		8,493		10,710
General and administrative		536		5,208		5,744
Depreciation and amortization		1,771		7,260		9,031
Total operating expenses		6,774		32,548		39,322
Income from operations	$	7,619	$	7,227	$	14,846

The Company’s total assets by segment are as follows, as of:

The Company’s interest expense by segment for the

three

and

six

months ended

June 30, 2019

and

2018,

is as follows (unaudited):

The Company’s capital expenditures by segment for the

three

and

six

months ended

June 30, 2019

and

2018,

are as follows (unaudited):