v3.25.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Total revenues $ 164,862 $ 195,041 $ 208,118
Operating expenses:      
Direct Costs of Leased and Rented Property or Equipment 65,151 60,783 61,519
General and administrative 20,094 18,720 15,908
Depreciation and amortization 100,820 109,111 131,367
Impairments 47,552 33,112 66,359
Transaction related 539 504 675
Spin related 0 0 964
Total operating expenses 234,156 222,230 276,792
Other (expenses) income:      
Interest expense, net (32,637) (29,669) (30,171)
Gain on disposition of real estate assets 0 31 2,352
Loss on extinguishment of debt, net (1,078) (504) (468)
Other income, net 987 911 223
Equity in loss of unconsolidated joint venture, net (740) (435) (524)
Total other (expenses) income, net (33,468) (29,666) (28,588)
Loss before taxes (102,762) (56,855) (97,262)
Provision for income taxes (214) (456) (212)
Net loss (102,976) (57,311) (97,474)
Net (income) loss attributable to non-controlling interest (36) 9 (20)
Net loss attributable to common stockholders $ (103,012) $ (57,302) $ (97,494)
Weighted-average shares outstanding - basic (in shares) 55,903,000 56,410,000 56,632,000
Weighted-average shares outstanding - diluted (in shares) 55,903,000 56,410,000 56,632,000
Basic net loss per share attributable to common stockholders (in dollars per share) $ (1.84) $ (1.02) $ (1.72)
Diluted net loss per share attributable to common stockholders (in dollars per share) $ (1.84) $ (1.02) $ (1.72)
Rental      
Total revenues $ 164,055 $ 194,241 $ 207,353
Fee income from unconsolidated joint venture      
Total revenues $ 807 $ 800 $ 765

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