v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue:    
Rental Income $ 11,763 $ 12,586
Interest Income from Loans 137 134
Fees and Reimbursables 409 489
Total Revenue 12,309 13,209
Expenses:    
Reimbursable Property Expenses 335 626
Property Carrying Costs 232 0
Depreciation and Amortization Expense 3,867 3,883
General and Administrative Expenses:    
Compensation Expense 982 1,205
Professional Fees 514 605
Other General and Administrative Expenses 376 410
Total General and Administrative Expenses 1,872 2,220
Total Expenses 6,306 6,729
Provision for Current Expected Credit Loss 11 13
Income From Operations 6,014 6,493
Other Income (Expense):    
Other Income 74 86
Interest Expense (214) (175)
Total Other Income (Expense) (140) (89)
Net Income 5,874 6,404
Net Income Attributable to Noncontrolling Interests (99) (107)
Net Income Attributable to Common Stockholders $ 5,775 $ 6,297
Net Income Attributable to Common Stockholders Per Share - Basic (in dollars per share) $ 0.28 $ 0.31
Net Income Attributable to Common Stockholders Per Share - Diluted (in dollars per share) $ 0.28 $ 0.31
Weighted Average Shares of Common Stock Outstanding - Basic (in shares) 20,646,026 20,597,584
Weighted Average Shares of Common Stock Outstanding - Diluted (in shares) 21,019,289 20,973,610

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