Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.24.2.u1
Consolidated Statements of Operations - USD ($)
$ in Thousands, shares in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Lease income $ 25,224 $ 25,402 $ 50,807 $ 50,926
Expenses:        
Operating expenses 3,099 3,284 6,302 6,597
Depreciation and amortization 4,683 4,817 9,440 9,647
General and administrative expenses 1,026 753 2,549 2,592
Total expenses 8,808 8,854 18,291 18,836
Other income:        
Gain on sales of investment properties, net 1,102 0 2,450 828
Other income 365 283 685 1,069
Total other income 1,467 283 3,135 1,897
Net income $ 17,883 $ 16,831 $ 35,651 $ 33,987
Earnings per certificate – basic and diluted:        
Net income per certificate - basic (in usd per share) $ 0.24 $ 0.22 $ 0.48 $ 0.45
Net income per certificate - diluted (in usd per share) $ 0.24 $ 0.22 $ 0.48 $ 0.45
Weighted average number of certificates outstanding – basic (shares) 75 75 75 75
Weighted average number of certificates outstanding – diluted (shares) 75 75 75 75