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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (28,575) $ (6,014)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization expense 24,604 30,634
Amortization of above and below market leases (11) (30)
Shares issued as compensation 270 315
Amortization of other comprehensive income into interest expense (355) (1,726)
Loss on extinguishment of debt 137 67
Gain on consolidation of Sponsored REIT   (394)
(Gain) loss on sale of properties and impairment of assets held for sale, net 13,205 (7,586)
Changes in operating assets and liabilities:    
Tenant rent receivables (158) 263
Straight-line rents 464 322
Lease acquisition costs (292) (824)
Prepaid expenses and other assets (420) (267)
Accounts payable and accrued expenses (12,557) (8,747)
Accrued compensation (1,344) (1,358)
Tenant security deposits 44 (44)
Payment of deferred leasing commissions (2,748) (4,137)
Net cash provided by (used in) operating activities (7,736) 474
Cash flows from investing activities:    
Property improvements, fixtures and equipment (13,247) (18,369)
Consolidation of Sponsored REIT   3,048
Proceeds received from sales of properties 34,326 28,098
Net cash provided by investing activities 21,079 12,777
Cash flows from financing activities:    
Distributions to stockholders (2,068) (2,065)
Proceeds received from termination of interest rate swap   4,206
Borrowings under Bank note payable   62,000
Repayments of Bank note payable (22,667) (35,000)
Repayments of Term loans payable (28,963) (40,000)
Repayments of Series A&B Senior Notes (50,370)  
Deferred financing costs (5,660) (2,327)
Net cash used in financing activities (109,728) (13,186)
Net increase (decrease) in cash, cash equivalents and restricted cash (96,385) 65
Cash, cash equivalents and restricted cash, beginning of year 127,880 6,632
Cash, cash equivalents and restricted cash, end of period 31,495 6,697
Cash paid for:    
Interest 12,847 12,345
Taxes 372 337
Non-cash investing activities:    
Accrued costs for purchases of real estate assets $ 1,992 4,643
Investment in related party mortgage loan receivable converted to real estate assets and acquired real estate leases in conjunction with variable interest entity consolidation   $ 20,000