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Operating Segments
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Operating Segments Operating Segments
Our segments are based on the internal reporting that we review for operational decision-making purposes. We operate in two reportable segments: (i) the acquisition, development, ownership and management of multifamily properties ("Residential Segment") and (ii) the acquisition, ownership and management of commercial real estate properties ("Commercial Segment"). The services for our segments include property rentals and other tenant services, including parking and storage space rental. Asset information by segment is not reported because we do not use this measure to assess performance or make decisions to allocate resources. Therefore, depreciation and amortization expense is not allocated among segments. General and administrative expenses, advisory fees, interest income and interest expense are not included in segment profit as our internal reporting addresses these items on a corporate level.
The following table presents our profit by reportable segment:
 For the Years Ended December 31,
 202220212020
Residential Segment
Revenue$17,828 $14,495 $14,686 
Operating expenses(9,524)(8,167)(8,482)
Profit from segment8,304 6,328 6,204 
Commercial Segment
Revenue16,252 23,313 37,223 
Operating expenses(8,815)(12,693)(15,878)
Profit from segment7,437 10,620 21,345 
Total profit from segments$15,741 $16,948 $27,549 

The following table reconciles our profit by reportable segment to net income (loss):

 For the Years Ended December 31,
 202220212020
Profit from reportable segments$15,741 $16,948 $27,549 
Other non-segment items of income (expense)
Depreciation and amortization(9,686)(11,870)(14,755)
General and administrative(10,033)(15,942)(10,614)
Advisory fee to related party(8,753)(13,985)(9,409)
Other income3,464 4,231 7,117 
Interest income35,226 23,421 23,098 
Interest expense(26,196)(29,080)(35,004)
Gain (loss) on foreign currency transactions20,067 (6,175)(13,378)
Loss on early extinguishment of debt(2,805)(1,451)— 
Equity in income (loss) from unconsolidated joint ventures469,268 14,634 (379)
Gain on sale, remeasurement or write down of assets87,132 24,647 36,895 
Income tax provision(98,108)1,067 147 
Net income$475,317 $6,445 $11,267 
The table below reconciles the segment information to the corresponding amounts in the consolidated balance sheets:
 December 31,
 20222021
Segment assets$461,303 $263,937 
Real estate67,747 63,945 
Investments in unconsolidated joint ventures28,226 61,621 
Notes receivable139,609 136,607 
Receivable from related parties108,184 100,599 
Cash, short-term investments and other non-segment assets392,410 143,860 
Total assets$1,197,479 $770,569