v3.24.1.u1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue    
Revenue, type [Extensible Enumeration] Real Estate [Member] Real Estate [Member]
Real estate rental revenue $ 59,513 $ 55,809
Expenses    
Property operating and maintenance 13,464 12,339
Real estate taxes and insurance 8,255 7,182
Property management 2,218 1,769
General and administrative 6,196 6,841
Transformation costs 0 2,900
Depreciation and amortization 24,943 21,536
Total expenses 55,076 52,567
Real estate operating income 4,437 3,242
Other income (expense)    
Interest expense (9,494) (6,831)
Loss on extinguishment of debt 0 (54)
Other income 1,410 0
Total other income (expense) (8,084) (6,885)
Net loss $ (3,647) $ (3,643)
Basic net loss per common share (in dollars per share) $ (0.04) $ (0.04)
Diluted net loss per common share (in dollars per share) $ (0.04) $ (0.04)
Weighted average shares outstanding - basic (in shares) 87,885 87,649
Weighted average shares outstanding - diluted (in shares) 87,885 87,649

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