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Operating Segments (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of Profit by Reportable Segment

The following table presents our profit by reportable segment:

			For the Years Ended December 31,
			2022						2021						2020
Residential Segment
Revenue			$	17,828					$	14,495					$	14,686
Operating expenses			(9,524)						(8,167)						(8,482)
Profit from segment			8,304						6,328						6,204
Commercial Segment
Revenue			16,252						23,313						37,223
Operating expenses			(8,815)						(12,693)						(15,878)
Profit from segment			7,437						10,620						21,345
Total profit from segments			$	15,741					$	16,948					$	27,549

Reconciliation of Revenue from Segments to Consolidated

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

			For the Years Ended December 31,
			2022						2021						2020
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 income			3,464						4,231						7,117
Interest income			35,226						23,421						23,098
Interest expense			(26,196)						(29,080)						(35,004)
Gain (loss) on foreign currency transactions			20,067						(6,175)						(13,378)
Loss on early extinguishment of debt			(2,805)						(1,451)						—
Equity in income (loss) from unconsolidated joint ventures			469,268						14,634						(379)
Gain on sale, remeasurement or write down of assets			87,132						24,647						36,895
Income tax provision			(98,108)						1,067						147
Net income			$	475,317					$	6,445					$	11,267

Reconciliation of Assets from Segment to Consolidated

The table below reconciles the segment information to the corresponding amounts in the consolidated balance sheets:

			December 31,
			2022						2021
Segment assets			$	461,303					$	263,937
Real estate			67,747						63,945
Investments in unconsolidated joint ventures			28,226						61,621
Notes receivable			139,609						136,607
Receivable from related parties			108,184						100,599
Cash, short-term investments and other non-segment assets			392,410						143,860
Total assets			$	1,197,479					$	770,569

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Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

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