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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
REVENUES    
Residential rental income $ 33,667 $ 32,050
OPERATING EXPENSES    
Property operating expenses 8,099 7,539
Real estate taxes and insurance 8,536 7,931
General and administrative 3,293 2,942
Transaction pursuit costs 0 424
Depreciation and amortization 6,825 6,705
TOTAL OPERATING EXPENSES 26,753 25,541
INCOME FROM OPERATIONS 6,914 6,509
Interest expense, net (10,135) (9,985)
Loss on extinguishment of debt (3,868) 0
Net loss (7,089) (3,476)
Net loss attributable to non-controlling interests 4,402 2,158
Net loss attributable to common stockholders $ (2,687) $ (1,318)
Basic and diluted net loss per share (in dollars per share) $ (0.19) $ (0.09)
Residential Rental [Member]    
REVENUES    
Residential rental income $ 23,940 $ 21,462
Commercial Real Estate [Member]    
REVENUES    
Residential rental income $ 9,727 $ 10,588