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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (29,311) $ (28,575)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 22,818 24,604
Amortization of above and below market leases   (11)
Shares issued as compensation 225 270
Amortization of other comprehensive income into interest expense   (355)
Loss on extinguishment of debt 5 137
Loss on sale of properties and impairment of assets held for sale, net 12,900 13,205
Changes in operating assets and liabilities:    
Tenant rent receivables (285) (158)
Straight-line rents (4) 464
Lease acquisition costs (115) (292)
Prepaid expenses and other assets (287) (420)
Accounts payable and accrued expenses (10,924) (12,557)
Accrued compensation (1,186) (1,344)
Tenant security deposits 52 44
Payment of deferred leasing commissions (2,247) (2,748)
Net cash used in operating activities (8,359) (7,736)
Cash flows from investing activities:    
Property improvements, fixtures and equipment (7,320) (13,247)
Proceeds received from sales of properties 6,099 34,326
Net cash provided by (used in) investing activities (1,221) 21,079
Cash flows from financing activities:    
Distributions to stockholders (2,071) (2,068)
Repayments of Bank note payable   (22,667)
Repayments of Term loans payable (260) (28,963)
Repayments of Series A&B Senior Notes (254) (50,370)
Deferred financing costs   (5,660)
Net cash used in financing activities (2,585) (109,728)
Net decrease in cash, cash equivalents and restricted cash (12,165) (96,385)
Cash, cash equivalents and restricted cash, beginning of year 42,683 127,880
Cash, cash equivalents and restricted cash, end of period 30,518 31,495
Cash paid for:    
Interest 10,176 12,847
Taxes 304 372
Non-cash investing activities:    
Accrued costs for purchases of real estate assets $ 1,379 $ 1,992