v3.22.2
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue:        
Rental Income $ 9,553 $ 6,616 $ 18,678 $ 11,035
Interest Income from Loans 948 0 1,867 0
Total Revenue 10,501 6,616 20,545 11,035
Expenses:        
Depreciation and Amortization Expense 2,804 2,051 5,483 3,137
General and Administrative Expenses:        
Compensation Expense 2,302 1,044 3,138 1,403
Stock-Based Compensation 515 97 921 1,004
Professional Fees 666 391 1,207 777
Other General and Administrative Expenses 426 233 834 378
Total General and Administrative Expenses 3,909 1,765 6,100 3,562
Total Expenses 6,713 3,816 11,583 6,699
Loss on Sale of Real Estate 0 0 (60) 0
Income From Operations 3,788 2,800 8,902 4,336
Other Income (Expenses):        
Interest Income 48 16 96 18
Interest Expense (46) 0 (73) 0
Total Other Income 2 16 23 18
Net Income 3,790 2,816 8,925 4,354
Preferred Stock Dividends 0 0 0 (4)
Net Income Attributable to Noncontrolling Interests (32) (78) (149) (155)
Net Income Attributable to Common Stockholders $ 3,758 $ 2,738 $ 8,776 $ 4,195
Net Income Attributable to Common Stockholders Per Share - Basic (in dollars per share) $ 0.18 $ 0.16 $ 0.41 $ 0.31
Net Income Attributable to Common Stockholders Per Share - Diluted (in dollars per share) $ 0.18 $ 0.16 $ 0.41 $ 0.30
Weighted Average Shares of Common Stock Outstanding - Basic (in shares) 21,307,621 17,329,964 21,279,919 13,645,990
Weighted Average Shares of Common Stock Outstanding - Diluted (in shares) 21,732,289 17,455,599 21,734,180 13,759,484

Source