Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.22.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue    
Rental revenue $ 31,852 $ 27,325
Other income 23 24
Total revenue 31,875 27,349
Expenses    
General and administrative 4,197 4,383
Operating expenses 5,372 3,687
Depreciation expense 9,402 7,848
Amortization expense 3,777 3,005
Interest expense 4,801 5,037
Preacquisition expense 40 66
Total expenses 27,589 24,026
Net income 4,286 3,323
Less: Preferred stock dividends (1,455) (1,455)
Less: Net (income) loss attributable to noncontrolling interest (170) (112)
Net income (loss) attributable to common stockholders $ 2,661 $ 1,756
Net income (loss) attributable to common stockholders per share - basic $ 0.04 $ 0.03
Net income (loss) attributable to common stockholders per share - diluted $ 0.04 $ 0.03
Weighted average shares outstanding - basic 65,302 52,671
Weighted average shares outstanding - diluted 65,302 52,671