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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Rental revenues (including $223 and $312 for the three months ended September 30, 2022 and 2021, respectively, and $702 and $867 for nine months ended September 30, 2022 and 2021, respectively, from related parties) $ 7,570 $ 9,628 $ 22,310 $ 30,183
Other income 749 866 1,925 3,242
Total revenue 8,319 10,494 24,235 33,425
Property operating expenses (including $110 and $178 for the three months ended September 30, 2022 and 2021, respectively, and $337 and $755 for nine months ended September 30, 2022 and 2021, respectively, from related parties) 4,701 5,610 12,541 16,500
Depreciation and amortization 2,193 2,935 6,840 9,473
General and administrative (including $1,288 and $1,017 for the three months ended September 30, 2022 and 2021, respectively, and $3,368 and $3,434 for nine months ended September 30, 2022 and 2021, respectively, from related parties) 3,042 3,698 7,956 12,799
Advisory fee to related party 1,571 3,419 7,614 11,594
Total operating expenses 11,507 15,662 34,951 50,366
Net operating loss (3,188) (5,168) (10,716) (16,941)
Interest income (including $6,587 and $5,053 for the three months ended September 30, 2022 and 2021, respectively, and $16,880 and $15,139 for the nine months ended September 30, 2022 and 2021, respectively, from related parties) 9,482 6,128 25,683 17,388
Interest expense (including $2,447 and $1,431 for the three months ended September 30, 2022 and 2021, respectively, and $5,746 and $4,199 for the nine months ended September 30, 2022 and 2021, respectively, from related parties) (6,491) (7,057) (19,047) (22,476)
Gain (loss) on foreign currency transactions     19,437 1,185
Loss on early extinguishment of debt (1,166) (1,451) (2,805) (1,451)
Equity in income from unconsolidated joint ventures 464,143 3,543 471,385 11,451
Gain on sale or write-down of assets, net 1,539 31,312 16,580 24,265
Income tax provision (81,548) (605) (81,616) 1,196
Net income 384,304 25,063 418,901 14,617
Net income attributable to noncontrolling interests (82,015) (5,652) (88,986) (4,466)
Net income attributable to common shares $ 302,289 $ 19,411 $ 329,915 $ 10,151
Earnings per share - basic and diluted        
Basic (in dollars per share) $ 18.72 $ 1.20 $ 20.43 $ 0.63
Diluted (in dollars per share) $ 18.72 $ 1.20 $ 20.43 $ 0.63
Weighted average common shares used in computing earnings per share        
Basic (in shares) 16,152,043 16,152,043 16,152,043 16,152,043
Diluted (in shares) 16,152,043 16,152,043 16,152,043 16,152,043