v3.20.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue        
Rental revenue $ 25,055 $ 18,117 $ 68,623 $ 50,093
Other income 42 78 178 182
Total revenue 25,097 18,195 68,801 50,275
Expenses        
General and administrative 4,027 1,681 7,509 4,928
Operating expenses 3,619 1,362 8,256 3,826
Management fees - related party   1,621 4,024 4,539
Depreciation expense 6,954 5,006 19,383 13,481
Amortization expense 2,563 1,500 6,832 3,757
Interest expense 4,864 4,549 13,616 12,707
Management internalization expense 12,580   14,005  
Preacquisition expense 70 168 267 224
Total expenses 34,677 15,887 73,892 43,462
Net (loss) income (9,580) 2,308 (5,091) 6,813
Less: Preferred stock dividends (1,455) (1,455) (4,366) (4,366)
Less: Net loss (income) attributable to noncontrolling interest 767 (83) 647 (246)
Net (loss) income attributable to common stockholders $ (10,268) $ 770 $ (8,810) $ 2,201
Net (loss) income attributable to common stockholders per share - basic and diluted $ (0.22) $ 0.02 $ (0.19) $ 0.07
Weighted average shares outstanding - basic and diluted 46,908 35,512 45,503 32,514

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