v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS UNAUDITED - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Rental revenue $ 49,371 $ 42,720
Management fee revenue and other income 29 86
Total revenues 49,400 42,806
Operating expenses:    
Property 15,954 14,075
Depreciation and amortization 23,800 22,691
General and administrative 3,447 3,552
Total operating expenses 43,201 40,318
Other income (expense):    
Interest expense (9,535) (6,395)
Earnings (loss) in investment of unconsolidated joint venture (147)
Loss on extinguishment of debt (2,176)
(Appreciation) depreciation of warrants 1,760
Total other income (expense) (9,535) (6,958)
Net loss (3,336) (4,470)
Less: Net loss attributable to non-controlling interest (38) (60)
Net loss attributable to Plymouth Industrial REIT, Inc. (3,298) (4,410)
Less: Preferred Stock dividends 916 1,699
Less: Series B Preferred Stock accretion to redemption value 1,500
Less: Loss on extinguishment of Series A Preferred Stock 2
Less: Amount allocated to participating securities 88 67
Net loss attributable to common stockholders $ (4,304) $ (7,676)
Net loss basic and diluted per share attributable to common stockholders $ (0.10) $ (0.21)
Weighted-average common shares outstanding basic and diluted 42,604,770 36,227,582

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