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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
REVENUE $ 67,897,000 $ 60,314,000
EXPENSES    
Property operating expenses, excluding real estate taxes 21,342,000 19,014,000
Real estate taxes 7,581,000 6,859,000
Property management expense 2,568,000 2,253,000
Casualty (gain) loss 252,000 598,000
Depreciation and amortization 25,993,000 31,001,000
General and administrative expenses 7,723,000 4,500,000
TOTAL EXPENSES 65,459,000 64,225,000
Gain (loss) on sale of real estate and other investments 60,159,000 0
Operating income (loss) 62,597,000 (3,911,000)
Interest expense (10,319,000) (7,715,000)
Interest and other income (loss) 49,000 1,063,000
NET INCOME (LOSS) 52,327,000 (10,563,000)
Dividends to Series D preferred unitholders (160,000) (160,000)
Net (income) loss attributable to noncontrolling interests – Operating Partnership and Series E preferred units (8,566,000) 2,157,000
Net (income) loss attributable to noncontrolling interests – consolidated real estate entities (30,000) (23,000)
Net income (loss) attributable to controlling interests 43,571,000 (8,589,000)
Dividends to preferred shareholders (1,607,000) (1,607,000)
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS $ 41,964,000 $ (10,196,000)
NET EARNINGS (LOSS) PER COMMON SHARE - BASIC (in dollars per share) $ 2.79 $ (0.68)
NET EARNINGS (LOSS) PER COMMON SHARE - DILUTED (in dollars per share) $ 2.76 $ (0.68)