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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
REVENUES    
TOTAL REVENUES $ 32,050 $ 30,651
OPERATING EXPENSES    
Property operating expenses 7,539 8,642
Real estate taxes and insurance 7,931 7,312
General and administrative 2,942 2,293
Transaction pursuit costs 424 60
Depreciation and amortization 6,705 6,227
TOTAL OPERATING EXPENSES 25,541 24,534
INCOME FROM OPERATIONS 6,509 6,117
Interest expense, net (9,985) (10,217)
Loss on extinguishment of debt 0 (3,034)
Net loss (3,476) (7,134)
Net loss attributable to non-controlling interests 2,158 4,430
Net loss attributable to common stockholders $ (1,318) $ (2,704)
Basic and diluted net loss per share (in dollars per share) $ (0.09) $ (0.18)
Residential Rental [Member]    
REVENUES    
TOTAL REVENUES $ 21,462 $ 21,604
Commercial Real Estate [Member]    
REVENUES    
TOTAL REVENUES $ 10,588 $ 9,047