| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | |
|---|---|---|---|---|---|---|
ASSETS | ||||||
Investment properties, net | ||||||
75,183 | 75,791 | 69,977 | 45,320 | 45,837 | 45,323 | |
Cash | ||||||
701 | 613 | 2,573 | 9,106 | 1,269 | 1,327 | |
Restricted cash | ||||||
2,121 | 1,458 | 1,634 | 1,564 | 1,970 | 2,793 | |
Rent and other receivables, net of allowance of $21,124 and $8,615, as of March 31, 2020 and December 31, 2019, respectively | ||||||
148 | 149 | 91 | 51 | 96 | 108 | |
Unbilled rent | ||||||
504 | 460 | 438 | 412 | 344 | 259 | |
Advance deposits | ||||||
- | - | 0 | 128 | 281 | 423 | |
Intangible assets, net | ||||||
4,156 | 4,458 | 4,263 | 2,155 | 2,368 | 2,585 | |
Interest rate caps, at fair value | ||||||
- | - | 8 | 22 | 76 | - | |
Prepaid expenses | ||||||
- | - | 134 | 93 | 153 | - | |
Other assets | ||||||
264 | 306 | 180 | 118 | - | 285 | |
Total Assets | ||||||
83,079 | 83,239 | 79,302 | 58,973 | 52,397 | 53,107 | |
LIABILITIES | ||||||
Accounts payable and accrued liabilities | ||||||
1,726 | 1,565 | 1,365 | 1,256 | 1,125 | 826 | |
Intangible liabilities, net | ||||||
1,220 | 1,277 | 1,336 | 392 | 416 | 439 | |
Line of credit, short term, net | ||||||
550 | 1,990 | 1,975 | - | - | 0 | |
Related party notes payable, short term | ||||||
- | 852 | 183 | - | - | 0 | |
Mortgages payable, net | ||||||
56,722 | 56,700 | 51,942 | - | - | 33,236 | |
Mandatorily redeemable preferred stock, net (see Note 4) | ||||||
3,881 | - | - | - | - | - | |
Mortgages payable, net | ||||||
- | - | - | 33,242 | 33,246 | - | |
Total Liabilities | ||||||
64,100 | 62,386 | 56,802 | 34,891 | 34,787 | 34,502 | |
EQUITY | ||||||
Common stock, 4,747,968 and 4,500,144 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively | ||||||
47 | 45 | 45 | 44 | 23 | 23 | |
Additional paid-in capital | ||||||
32,269 | 31,702 | 31,702 | 31,640 | 22,077 | 22,077 | |
Offering costs | ||||||
2,992 | 2,992 | 2,909 | 2,792 | -1,974 | 1,835 | |
Accumulated deficit | ||||||
-12,842 | -10,555 | -9,104 | -7,713 | -5,916 | -5,229 | |
Total Shareholders' Equity | ||||||
16,482 | 18,199 | 19,733 | 21,180 | 14,210 | 15,035 | |
Noncontrolling interests - Operating Partnership | ||||||
1,149 | 830 | 861 | 888 | 934 | 950 | |
Total Equity | ||||||
18,979 | 20,853 | 22,500 | 24,081 | 17,609 | 18,604 | |
Total Liabilities and Equity | ||||||
83,079 | 83,239 | 79,302 | 58,973 | 52,397 | 53,107 | |
Hampton Inn Property | ||||||
Noncontrolling interests | ||||||
822 | 1,282 | 1,345 | 1,438 | 1,876 | 2,009 | |
Hanover Square Property | ||||||
Noncontrolling interests | ||||||
524 | 540 | 560 | 574 | 588 | 608 | |