| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Rental revenue | $147.7M+6.7% | $138.4M-1.8% | $140.9M+2.7% | $137.2M+18.4% | $115.8M+23.8% | $93.5M+32.6% | $70.5M+32.7% | $53.1M |
| Other income | $526K+42.2% | $370K+221.7% | $115K-0.9% | $116K-12.1% | $132K-37.7% | $212K+0.5% | $211K+290.7% | $54K |
| Total revenue | $148.2M+6.8% | $138.8M-1.6% | $141.0M+2.7% | $137.3M+18.4% | $115.9M+23.7% | $93.7M+32.5% | $70.7M+33.0% | $53.2M |
| General and administrative | $20.0M-5.3% | $21.1M+25.3% | $16.9M+1.9% | $16.5M+0.6% | $16.5M+37.9% | $11.9M+82.6% | $6.5M+18.0% | $5.5M |
| Operating expenses | $32.6M+11.5% | $29.3M+4.2% | $28.1M+11.5% | $25.2M+62.6% | $15.5M+42.5% | $10.9M+82.4% | $6.0M+60.2% | $3.7M |
| Depreciation expense | $44.0M+8.9% | $40.4M-2.0% | $41.3M+3.1% | $40.0M+18.3% | $33.8M+26.5% | $26.7M+40.3% | $19.1M+39.7% | $13.6M |
| Amortization expense | $15.0M+0.6% | $14.9M-11.5% | $16.9M+0.9% | $16.7M+28.1% | $13.1M+35.9% | $9.6M+72.5% | $5.6M+53.6% | $3.6M |
| Interest expense | $31.8M+10.7% | $28.7M-7.1% | $30.9M+22.4% | $25.2M+28.1% | $19.7M+5.4% | $18.7M+6.9% | $17.5M+16.7% | $15.0M |
| Transaction expense | $0-100.0% | $155K+252.3% | $44K-87.6% | $354K+134.4% | $151K-58.6% | $365K+34.7% | $271K-29.2% | $383K |
| Total expenses | $143.4M+6.6% | $134.6M+0.4% | $134.0M+8.0% | $124.0M+25.7% | $98.7M+2.5% | $96.2M+57.4% | $61.1M+32.0% | $46.3M |
| Income before other income (expense) | $4.8M+14.1% | $4.2M-40.3% | $7.0M-46.8% | $13.2M-23.3% | $17.3M+791.2% | -$2.5M-126.1% | $9.6M | — |
| Gain on sale of investment properties | $1.5M-64.6% | $4.2M-73.0% | $15.6M+130.4% | $6.8M+531.7% | $1.1M | $0 | $0 | — |
| Impairment of investment properties | -$13.0M-667.3% | -$1.7M | $0 | — | — | — | — | — |
| Equity loss from unconsolidated joint venture | -$150K-650.0% | -$20K | $0 | $0 | — | — | — | — |
| Loss on extinguishment of debt | $0 | $0+100.0% | -$868K | $0 | $0 | — | — | — |
| Net (loss) income | -$6.9M-202.9% | $6.7M-69.2% | $21.7M+8.7% | $20.0M+9.0% | $18.3M+834.0% | -$2.5M | — | $14.6M |
| Less: Preferred stock dividends | -$6.3M-7.9% | -$5.8M+0.0% | -$5.8M+0.0% | -$5.8M+0.0% | -$5.8M+0.0% | -$5.8M+0.0% | -$5.8M+0.0% | -$5.8M |
| Less: Net loss (income) attributable to noncontrolling interest | $1.0M+1874.6% | -$59K+94.7% | -$1.1M-31.4% | -$854K-18.6% | -$720K-225.4% | $574K+262.1% | -$354K+66.9% | -$1.1M |
| Net (loss) income attributable to common stockholders | -$12.1M-1594.0% | $811K-94.5% | $14.8M+11.0% | $13.3M+12.9% | $11.8M+252.3% | -$7.7M-327.1% | $3.4M-55.5% | $7.7M |
| Net (loss) income attributable to common stockholders per share - basic | -$910.00-1616.7% | $60.00-94.7% | $1130.00+465.0% | $200.00+5.3% | $190.00+111864.7% | -$0.17-270.0% | $0.10 | — |
| Net (loss) income attributable to common stockholders per share - diluted | -$910.00-1616.7% | $60.00-94.7% | $1130.00+465.0% | $200.00+5.3% | $190.00+111864.7% | -$0.17-270.0% | $0.10 | — |
| Weighted average shares outstanding - basic | 13.4M+1.5% | 13.2M+0.6% | 13.1M-80.0% | 65.5M+8.0% | 60.6M+31.1% | 46.3M+36.6% | 33.9M | — |
| Weighted average shares outstanding - diluted | 13.4M+1.5% | 13.2M+0.6% | 13.1M-80.0% | 65.5M+8.0% | 60.6M+31.1% | 46.3M+36.6% | 33.9M | — |
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.