v3.21.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue    
Rental revenue $ 27,325 $ 21,533
Other income 24 116
Total revenue 27,349 21,649
Expenses    
General and administrative 4,383 1,839
Operating expenses 3,687 2,303
Management fees - related party   2,002
Depreciation expense 7,848 5,836
Amortization expense 3,005 1,921
Interest expense 5,037 4,378
Management internalization expense   504
Preacquisition expense 66 49
Total expenses 24,026 18,832
Net income 3,323 2,817
Less: Preferred stock dividends (1,455) (1,455)
Less: Net loss (income) attributable to noncontrolling interest (112) (107)
Net income attributable to common stockholders $ 1,756 $ 1,255
Net income attributable to common stockholders per share - basic and diluted $ 0.03 $ 0.03
Weighted average shares outstanding - basic and diluted 52,671 44,182

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