v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS UNAUDITED - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Rental revenue $ 45,418 $ 50,190
Management fee revenue and other income 153 38
Total revenues 45,571 50,228
Operating expenses:    
Property 14,709 16,642
Depreciation and amortization 19,352 22,368
General and administrative 4,123 3,364
Total operating expenses 38,184 42,374
Other income (expense):    
Interest expense (6,849) (9,598)
Loss in investment of unconsolidated joint ventures (8,048)
Gain on sale of real estate 301 8,030
Gain on financing transaction 14,085
Unrealized gain from interest rate swap 131
Total other income (expense) (380) (1,568)
Net income 7,007 6,286
Less: Net income attributable to non-controlling interest 70 68
Less: Net income attributable to redeemable non-controlling interest - Series C Preferred Units 1,087
Net income attributable to Plymouth Industrial REIT, Inc. 5,850 6,218
Less: Amount allocated to participating securities 95 94
Net income attributable to common stockholders $ 5,755 $ 6,124
Net income per share attributable to common stockholders — basic $ 0.13 $ 0.14
Net income per share attributable to common stockholders — diluted $ 0.13 $ 0.14
Weighted-average common shares outstanding — basic 45,086,639 44,936,597
Weighted-average common shares outstanding — diluted 45,095,867 44,970,884

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