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v3.23.1

Condensed Consolidated Statements of Operations - USD ($) | 3 Months Ended
--- | ---
Mar. 31, 2023 | Mar. 31, 2022
REVENUES |  |
Total revenues | $ 8,923,000 | $ 8,715,000
EXPENSES |  |
Operating, maintenance and management | 2,411,000 | 2,237,000
Real estate and other property-related taxes | 1,389,000 | 1,242,000
General and administrative | 712,000 | 2,911,000
Depreciation and amortization | 2,493,000 | 2,501,000
Total expenses | 7,005,000 | 8,891,000
OTHER |  |
Transaction costs |  | (3,735,000)
Impairment charges |  | 197,000
Total other |  | (3,932,000)
OPERATING INCOME (LOSS) | 1,918,000 | (4,108,000)
NON-OPERATING INCOME AND EXPENSES |  |
Interest expense, net | (1,904,000) | (2,707,000)
Total non-operating income and expenses | (1,904,000) | (2,707,000)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS | 14,000 | (6,815,000)
DISCONTINUED OPERATIONS |  |
Income from discontinued operations |  | 6,248,000
Impairment charges |  | (510,000)
Total income from discontinued operations |  | 5,738,000
NET INCOME (LOSS) | 14,000 | (1,077,000)
Net loss attributable to noncontrolling interests: |  |
Limited partners' interest in Operating Partnership |  | 20,000
Total net loss attributable to noncontrolling interests |  | 20,000
NET INCOME (LOSS) ATTRIBUTABLE TO CEDAR REALTY TRUST, INC. | 14,000 | (1,057,000)
Preferred stock dividends | (2,688,000) | (2,688,000)
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS | $ (2,674,000) | $ (3,745,000)
NET (LOSS) INCOME PER COMMON SHARE ATTRIBUTABLE TO COMMON SHAREHOLDERS (BASIC AND DILUTED): |  |
Continuing operations, basic per share | $ (0.19) | $ (0.71)
Continuing operations, diluted per share | (0.19) | (0.71)
Discontinued operations, basic per share |  | 0.43
Discontinued operations, diluted per share |  | 0.43
NET (LOSS) INCOME PER COMMON SHARE ATTRIBUTABLE TO COMMON SHAREHOLDERS, BASIC | (0.19) | (0.28)
NET (LOSS) INCOME PER COMMON SHARE ATTRIBUTABLE TO COMMON SHAREHOLDERS, DILUTED | $ (0.19) | $ (0.28)
Weighted average number of common shares - basic | 13,718,000 | 13,285,000
Weighted average number of common shares - diluted | 13,718,000 | 13,285,000
Rental Revenues [Member] |  |
REVENUES |  |
Total revenues | $ 8,641,000 | $ 8,514,000
Other Revenues [Member] |  |
REVENUES |  |
Total revenues | $ 282,000 | $ 201,000

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