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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Rental revenues (including $262 and $212 for the three months and $808 and $527 for the nine months ended 2020 and 2019, respectively, from related parties) $ 11,453 $ 11,407 $ 34,460 $ 34,352
Other income 484 1,824 5,348 9,679
Total revenues 11,937 13,231 39,808 44,031
Expenses:        
Property operating expenses (including $253 and $237 for the three months ended and $750 and $741 for the six months ended 2020 and 2019, respectively, from related parties) 6,387 5,883 18,507 19,203
Depreciation and amortization 3,526 3,416 10,338 9,964
General and administrative (including $1,094 and $1,002 for the three months ended and $2,991 and $3,680 for the six months ended 2020 and 2019, respectively, from related parties) 1,998 2,107 7,958 7,716
Advisory fee to related party 2,329 2,403 7,055 6,807
Total operating expenses 14,240 13,809 43,858 43,690
Net operating (loss) income (2,303) (578) (4,050) 341
Interest income (including $4,812 and $6,240 for the three months ended and $14,566 and $18,328 for the six months ended 2020 and 2019, respectively, from related parties) 5,421 6,856 16,459 19,514
Interest expense (including $1,583 and $2,402 for the three months ended and $5,040 and $7,094 for the six months ended 2020 and 2019, respectively, from related parties) (7,622) (10,420) (26,295) (29,796)
(Loss) gain on foreign currency transaction (1,470) (5,153) 774 (13,296)
Loss on extinguishment of debt   (5,219)   (5,219)
Income (losses) from unconsolidated joint ventures 337 (75) (642) (1,135)
Gain on sales or write-down of assets 15,325 5,139 24,802 9,792
Income tax expense (50)   (346)  
Net income (loss) 9,638 (9,450) 10,702 (19,799)
Net (income) attributable to non-controlling interest (1,651) 1,879 (2,075) 3,303
Net income (loss) attributable to common shares $ 7,987 $ (7,571) $ 8,627 $ (16,496)
Earnings (loss) per share - attributable to common shares        
Basic and diluted (in dollars per share) $ 0.50 $ (0.47) $ 0.54 $ (1.03)
Weighted-average number of common shares outstanding:        
Basic and diluted (in shares) 15,997,076 15,997,076 15,997,076 15,997,076