v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue    
Real estate rental revenue $ 61,493 $ 59,513
Revenue, type [Extensible Enumeration] Real Estate [Member] Real Estate [Member]
Expenses    
Property operating and maintenance $ 14,175 $ 13,464
Real estate taxes and insurance 7,819 8,255
Property management 2,246 2,218
General and administrative 9,229 6,196
Depreciation and amortization 23,239 24,943
Total expenses 56,708 55,076
Real estate operating income 4,785 4,437
Other income (expense)    
Interest expense (9,460) (9,494)
Other income 0 1,410
Total other income (expense) (9,460) (8,084)
Net loss $ (4,675) $ (3,647)
Basic net loss per common share (in dollars per share) $ (0.05) $ (0.04)
Diluted net loss per common share (in dollars per share) $ (0.05) $ (0.04)
Weighted average shares outstanding - basic (in shares) 88,064 87,885
Weighted average shares outstanding - diluted (in shares) 88,064 87,885

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