| Metric | FY2025 | FY2024 | FY2022 | FY2021 |
|---|---|---|---|---|
| Rental revenues | $79.4M+8.6% | $73.1M+25.7% | $58.2M+92.4% | $30.2M |
| Preferred return income | $811K | — | $967K+1.4% | $954K |
| Income from mezzanine loan investment | $865K | — | $1.0M+1.4% | $1.0M |
| Other property operating revenues | $18.4M-11.0% | $20.7M+63.4% | $12.7M+205.8% | $4.1M |
| Total revenues | $97.9M+2.4% | $95.5M+31.2% | $72.8M+100.4% | $36.3M |
| General and administrative expenses | $721K+134.6% | $307K-94.7% | $5.8M+266.2% | $1.6M |
| Depreciation and amortization | $35.8M+4.0% | $34.5M+4.5% | $33.0M+102.1% | $16.3M |
| Management fees | $6.0M-0.8% | $6.1M+6.9% | $5.7M+100.2% | $2.8M |
| Property operating expenses | $36.6M-3.7% | $38.0M+66.2% | $22.8M+136.3% | $9.7M |
| Total operating expenses | $79.2M+0.4% | $78.8M+17.1% | $67.3M+121.3% | $30.4M |
| Income/(loss) from investments in real estate-related assets | -$26K-119.1% | $137K+128.7% | -$475K-396.2% | -$96K |
| Interest income | $919K-15.0% | $1.1M+487.7% | $184K+1649.9% | $11K |
| Net gain from investment in debt securities, at fair value | $1.3M | — | — | — |
| Unrealized gain from investment in infrastructure fund, at fair value | $473K | — | — | — |
| Loss from sale of investments in real estate-related assets | -$3.4M | — | — | — |
| Loss on extinguishment of debt | -$334K+46.1% | -$619K | — | — |
| Impairment of investment in real estate | -$4.8M | — | — | — |
| Other income | $331K+46.2% | $227K | — | — |
| Interest expense | -$28.8M-5.6% | -$27.3M-63.5% | -$16.7M-89.6% | -$8.8M |
| Total other income (expense) | -$32.2M-13.2% | -$28.5M-67.8% | -$17.0M-91.0% | -$8.9M |
| Net income (loss) | -$13.5M-15.2% | -$11.7M-3.0% | -$11.4M-288.5% | -$2.9M |
| Net income (loss) attributable to non-controlling interest | -$5.1M-95.6% | -$2.6M+59.1% | -$6.4M-185.6% | -$2.2M |
| Net income (loss) attributable to common stockholders | -$8.4M+7.9% | -$9.1M-82.2% | -$5.0M-619.0% | -$697K |
| Weighted average shares outstanding, basic | 12.1M-12.1% | 13.7M+4.3% | 13.2M+68.6% | 7.8M |
| Weighted average shares outstanding,diluted | 12.1M-12.1% | 13.7M+4.3% | 13.2M+68.6% | 7.8M |
| Net income (loss) per common share - basic | -$0.70-6.1% | -$0.66-73.7% | -$0.38-322.2% | -$0.09 |
| Net income (loss) per common share - diluted | -$0.70-6.1% | -$0.66-73.7% | -$0.38-322.2% | -$0.09 |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.