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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 8 Months Ended 12 Months Ended
Dec. 31, 2018
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Apr. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES          
Net income (loss) $ (5,320) $ 4,743 $ 84,822   $ 127,629
Adjustments to reconcile net income (loss) to net cash provided by operating activities:          
Depreciation and amortization 51,394 76,596 75,408   83,276
Depreciation and amortization from discontinued operations 0 0 0   8,526
(Gain) loss on sale of real estate, land, other investments and discontinued operations (10,277) (25,503) (97,624)   (183,687)
Realized (gain) loss on marketable securities 0 3,378 0   0
(Gain) loss on extinguishment of debt and discontinued operations 482 23 2,360   6,839
(Gain) loss on litigation settlement 0 0 (1,349)   0
Share-based compensation expense 845 2,106 1,905   1,587
Impairment of real estate investments 1,221 0 0 $ 1,200 18,065
Bad debt expense 592 2,332 1,050   1,423
Other, net 37 1,310 46   34
Changes in other assets and liabilities:          
Other assets (1,145) (4,818) 1,076   (646)
Accounts payable and accrued expenses 2,205 1,061 1,930   (7,851)
Net cash provided (used) by operating activities 40,034 61,228 69,624   55,195
CASH FLOWS FROM INVESTING ACTIVITIES          
Proceeds from repayment of mortgage loans receivable 0 10,020 0   0
Proceeds from sale of marketable securities 0 3,856 0   0
Increase in mortgages and notes receivable (918) (24,862) (6,279)   (15,480)
Purchase of marketable securities 0 (179) (6,942)   0
Proceeds from sale of discontinued operations 0 0 0   426,131
Proceeds from sale of real estate and other investments 62,695 43,686 199,282   64,639
Payments for acquisitions of real estate assets (977) (168,696) (158,466)   (374,081)
Payments for improvements of real estate assets (11,518) (30,315) (20,954)   (17,980)
Other investing activities 1,889 1,525 366   (3,117)
Net cash provided (used) by investing activities 51,171 (164,965) 7,007   80,112
CASH FLOWS FROM FINANCING ACTIVITIES          
Proceeds from mortgages payable 0 0 59,900   0
Principal payments on mortgages payable (67,016) (33,422) (177,743)   (205,159)
Proceeds from revolving lines of credit 53,017 155,028 245,397   370,350
Principal payments on revolving lines of credit (119,517) (52,235) (252,818)   (303,400)
Proceeds from notes payable and other debt 74,352 0 124,878   72,714
Principal payments on notes payable and other debt 0 0 0   (21,689)
Payoff of financing liability 0 0 0   (7,900)
Proceeds from sale of common shares, net of issuance costs 0 58,852 22,019   0
Payments for acquisition of noncontrolling interests – consolidated real estate entities 0 (12,221) (1,260)   0
Proceeds from sale of preferred shares 0 0 0   99,467
Repurchase of common shares (2,172) 0 (18,023)   (9,935)
Repurchase of preferred shares 0 (5,629) 0   (115,017)
Repurchase of partnership units (498) (50) (8,147)   (8,775)
Distributions paid to common shareholders (16,724) (35,045) (32,891)   (33,689)
Distributions paid to preferred shareholders (5,116) (6,528) (6,821)   (8,763)
Distributions paid to noncontrolling interests – Unitholders of the Operating Partnership (1,959) (2,900) (3,630)   (4,096)
Distributions paid to noncontrolling interests – consolidated real estate entities (2,432) (116) (220)   (99)
Distributions paid to preferred unitholders 0 (640) (377)   0
Other financing activities 0 (164) (34)   0
Net cash provided (used) by financing activities (88,065) 64,930 (49,770)   (175,991)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 3,140 (38,807) 26,861   (40,684)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF YEAR 16,116 46,117 19,256    
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF YEAR 19,256 7,310 46,117 19,256 16,116
SUPPLEMENTARY SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES          
Accrued capital expenditures (329) (1,420) 1,273   (3,415)
Property acquired through issuance of Series D preferred units 0 0 16,560   0
Real estate assets acquired through exchange of note receivable 0 17,663 0   0
Note receivable exchanged through real estate acquisition 0 (17,663) 0   0
Conversion to equity of notes receivable from noncontrolling interests - consolidated real estate entities 670 0 0   0
Construction debt reclassified to mortgages payable 0 0 0   23,300
Increase in mortgage notes receivable due to sale of real estate 0 0 0   10,329
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION          
Cash paid for interest, net of amounts capitalized of $0, $0, $0 and $431, respectively 24,135 26,051 28,679   35,758
Cash and cash equivalents 13,792 392 26,579 13,792 11,891
Restricted cash 5,464 6,918 19,538 5,464 4,225
Common Stock          
SUPPLEMENTARY SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES          
Distributions declared but not paid $ 0 $ 9,802 $ 9,210 $ 0 $ 0