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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flow From Operating Activities:    
Net income $ 14,617 $ 10,702
Adjustments to reconcile net income to net cash used in operating activities:    
Gain on sale or write down of assets (24,265) (24,802)
Gain on foreign currency transactions (1,185) (774)
Loss on extinguishment of debt 1,451 0
Depreciation and amortization 11,699 13,023
Recovery of bad debts (1,326) (542)
Equity in (income) loss from unconsolidated joint ventures (11,451) 642
Distribution of income from unconsolidated joint ventures 3,157 1,729
Changes in assets and liabilities, net of dispositions:    
Other assets (9,167) (13,322)
Related party receivables 15,461 (93)
Accrued interest payable (4,801) (3,895)
Accounts payable and other liabilities (1,913) (52)
Net cash used in operating activities (7,723) (17,384)
Cash Flow From Investing Activities:    
Collection of notes receivable 9,319 7,283
Originations and advances on notes receivable (3,882) (15,718)
Acquisition of real estate 0 (2,664)
Development and renovation of real estate (8,770) (12,488)
Deferred leasing costs (877) (96)
Proceeds from sale of assets 103,727 31,768
Contribution to unconsolidated joint venture (411) 0
Distribution from unconsolidated joint venture 7,430 8,140
Net cash provided by investing activities 106,536 16,225
Cash Flow From Financing Activities:    
Proceeds from mortgages, other notes and bonds payable 20,015 10,234
Payments on mortgages, other notes and bonds payable (117,193) (31,316)
Debt extinguishment costs (4,086) 0
Deferred financing costs (606) (54)
Net cash used in financing activities (101,870) (21,136)
Net decrease in cash, cash equivalents and restricted cash (3,057) (22,295)
Cash, cash equivalents and restricted cash, beginning of period 87,020 83,311
Cash, cash equivalents and restricted cash, end of period $ 83,963 $ 61,016