CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2022 |
Jun. 30, 2021 |
Jun. 30, 2022 |
Jun. 30, 2021 |
|
| Revenues: | ||||
| Lease Income | $ 11,280 | $ 6,597 | $ 22,079 | $ 12,487 |
| Total Revenues | 11,280 | 6,597 | 22,079 | 12,487 |
| Operating Expenses: | ||||
| Real Estate Expenses | 1,285 | 824 | 2,377 | 1,475 |
| General and Administrative Expenses | 1,479 | 1,286 | 2,910 | 2,316 |
| Depreciation and Amortization | 5,694 | 3,463 | 11,366 | 6,606 |
| Total Operating Expenses | 8,458 | 5,573 | 16,653 | 10,397 |
| Gain on Disposition of Assets | 15,637 | 15,637 | ||
| Net Income From Operations | 18,459 | 1,024 | 21,063 | 2,090 |
| Interest Expense | 2,123 | 678 | 3,803 | 1,233 |
| Net Income | 16,336 | 346 | 17,260 | 857 |
| Less: Net Income Attributable to Noncontrolling Interest | (2,054) | (42) | (2,172) | (113) |
| Net Income Attributable to Alpine Income Property Trust, Inc. | $ 14,282 | $ 304 | $ 15,088 | $ 744 |
| Per Common Share Data: | ||||
| Basic (in dollars per share) | $ 1.21 | $ 0.03 | $ 1.28 | $ 0.09 |
| Diluted (in dollars per share) | $ 1.05 | $ 0.03 | $ 1.12 | $ 0.08 |
| Weighted Average Number of Common Shares: | ||||
| Basic (in shares) | 11,844,108 | 8,853,259 | 11,753,904 | 8,212,902 |
| Diluted (in shares) | 13,547,602 | 10,081,783 | 13,457,398 | 9,439,104 |