Consolidated Statements of Operations - USD ($) $ in Thousands |
2 Months Ended | 3 Months Ended |
|---|---|---|
Mar. 31, 2021 |
Mar. 31, 2022 |
|
| Revenues: | ||
| Lease income | $ 27,453 | $ 27,706 |
| Expenses: | ||
| Operating expenses | 2,651 | 3,273 |
| Depreciation and amortization | 6,764 | 5,336 |
| Provision for impairment of investment properties | 0 | 0 |
| General and administrative expenses | 1,192 | 2,558 |
| Total expenses | 10,607 | 11,167 |
| Other income (expense): | ||
| Gain on sales of investment properties, net | 0 | 3,651 |
| Other income | 0 | 238 |
| Formation expenses | (364) | 0 |
| Total other income (expense) | (364) | 3,889 |
| Net income | $ 16,482 | $ 20,428 |
| Earnings per certificate – basic and diluted: | ||
| Net income per certificate - basic (in usd per share) | $ 0.22 | $ 0.27 |
| Net income per certificate - diluted (in usd per share) | $ 0.22 | $ 0.27 |
| Weighted average number of certificates outstanding – basic (shares) | 75,000,000 | 75,000,000 |
| Weighted average number of certificates outstanding – diluted (shares) | 75,000,000 | 75,000,000 |
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- Definition Formation Expenses No definition available.
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The net gain (loss) resulting from sales and other disposals of real estate owned for investment purposes. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate amount of write-downs for impairments recognized during the period for long-lived assets held for abandonment, exchange or sale. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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