Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Current Period Unaudited)

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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS:    
Land $ 15,444 $ 2,490
Building and Improvements 249,857 124,121
Total Real Estate 265,301 126,611
Less Accumulated Depreciation (7,160) (2,650)
Net Real Estate 258,141 123,961
Cash and Cash Equivalents 167,811 19,617
In-Place Lease Intangible Assets, net 24,504 0
Other Assets 1,083 598
TOTAL ASSETS 451,539 144,176
LIABILITIES:    
Security Deposits Payable 5,430 1,594
Dividends, Dividend Equivalents and Distributions Payable 2,618 894
Accrued Expenses and Other Liabilities 1,425 659
Rent Received in Advance 623 0
Total Liabilities 10,096 3,147
COMMITMENTS AND CONTINGENCIES
EQUITY:    
Preferred Stock, $0.01 Par Value, 100,000,000 Shares Authorized, 12.5% Series A Redeemable Cumulative Preferred Stock, 0 and 125 Shares Issued and Outstanding at September 30, 2021 and December 31, 2020 0 61
Common Stock, $0.01 Par Value, 400,000,000 Shares Authorized, 21,235,914 Shares Issued and Outstanding at September 30, 2021 and 7,758,145 Shares Issued and Outstanding at December 31, 2020 213 78
Additional Paid-In Capital 450,822 151,778
Accumulated Deficit (21,327) (17,154)
Total Stockholders' Equity 429,708 134,763
NONCONTROLLING INTERESTS 11,735 6,266
Total Equity 441,443 141,029
TOTAL LIABILITIES AND EQUITY $ 451,539 $ 144,176