BRT Apartments Corp. filed its Form 10-Q for the quarterly period ended June 30, 2026 with the SEC on August 10, 2026, reporting continued net losses for both the three- and six-month periods.

Key Highlights

  • Net loss attributable to common stockholders: $(3,221) thousand for the three months ended June 30, 2026, compared to $(2,566) thousand in the same period of 2025.
  • Total revenues: $24,474 thousand for Q2 2026, up from $24,197 thousand in Q2 2025.
  • Total assets: $691,155 thousand as of June 30, 2026, compared to $709,813 thousand at December 31, 2025.
  • Mortgages payable: $469,352 thousand (net of deferred costs of $4,134 thousand) as of June 30, 2026.
  • Shares outstanding: 18,793,277 shares of common stock as of July 31, 2026.
  • Accumulated deficit: $(113,669) thousand as of June 30, 2026, compared to $(98,346) thousand at December 31, 2025.

BRT Apartments Corp. Q2 2026 Operating and Balance Sheet Overview

According to the filing, BRT Apartments Corp. (NYSE: BRT) reported total revenues of $24,474 thousand for the three months ended June 30, 2026, consisting of $24,041 thousand in rental and other revenue from real estate properties and $433 thousand in loan interest and other income. This compares to total revenues of $24,197 thousand in the same period of 2025. For the six months ended June 30, 2026, total revenues were $49,079 thousand versus $48,303 thousand for the first half of 2025.

The company disclosed total expenses of $27,617 thousand for Q2 2026, including real estate operating expenses of $11,382 thousand, interest expense of $5,993 thousand, general and administrative expenses of $3,534 thousand, and depreciation and amortization of $6,708 thousand. The filing noted that real estate operating expenses included $9 thousand to related parties for the three months ended June 30, 2026, and general and administrative expenses included $251 thousand to related parties for the same period. Loss from continuing operations, net of taxes, was $(3,181) thousand for Q2 2026, compared to $(2,523) thousand in Q2 2025.

On the balance sheet, the filing reported real estate properties, net of accumulated depreciation and amortization of $146,212 thousand, at $586,829 thousand as of June 30, 2026. Investments in unconsolidated joint ventures stood at $43,297 thousand. Total BRT Apartments Corp. stockholders' equity declined to $160,460 thousand from $177,242 thousand at December 31, 2025. The company reported no outstanding balance on its credit facility as of June 30, 2026. The registrant identified itself as a non-accelerated filer and smaller reporting company.

What Was Disclosed

BRT Apartments Corp. disclosed unaudited financial statements for the three and six months ended June 30, 2026, showing increased revenues relative to 2025 alongside higher expenses, a widening accumulated deficit, and reduced total assets compared to year-end 2025.