Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.21.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 8 Months Ended
Sep. 30, 2021
Sep. 30, 2021
Revenues:    
Lease income $ 40,627 $ 109,260
Expenses:    
Operating expenses 3,861 10,472
Depreciation and amortization 9,956 26,866
Provision for impairment of investment properties 0 750
General and administrative expenses 2,186 5,985
Total expenses 16,003 44,073
Other income ( expense):    
Gain on sales of investment properties, net 42,007 42,007
Formation expenses 0 (364)
Total other income (expense) 42,007 41,643
Net income $ 66,631 $ 106,830
Earnings per certificate – basic and diluted:    
Net income per certificate - basic (in usd per share) $ 0.89 $ 1.42
Net income per certificate - diluted (in usd per share) $ 0.89 $ 1.42
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