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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net loss $ (37,637) $ (44,197)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 34,045 36,284
Amortization of above and below market leases   (17)
Shares issued as compensation 225 270
Amortization of other comprehensive income into interest expense   (355)
Loss on extinguishment of debt 12 614
Loss on sale of properties and impairment of assets held for sale, net 12,900 20,459
Changes in operating assets and liabilities:    
Tenant rent receivables (97) 842
Straight-line rents (41) 1,249
Lease acquisition costs (1,096) (660)
Prepaid expenses and other assets (498) 314
Accounts payable and accrued expenses (4,274) (4,364)
Accrued compensation (462) (451)
Tenant security deposits 21 (84)
Payment of deferred leasing commissions (3,176) (3,168)
Net cash provided by (used in) operating activities (78) 6,736
Cash flows from investing activities:    
Property improvements, fixtures and equipment (12,608) (19,074)
Proceeds received from sales of properties 6,100 62,909
Net cash provided by (used in) investing activities (6,508) 43,835
Cash flows from financing activities:    
Distributions to stockholders (3,108) (3,104)
Repayments of Bank note payable   (22,667)
Repayments of Term loans payable (716) (41,775)
Repayments of Series A&B Senior Notes (698) (62,870)
Deferred financing costs   (5,660)
Net cash used in financing activities (4,522) (136,076)
Net decrease in cash, cash equivalents and restricted cash (11,108) (85,505)
Cash, cash equivalents and restricted cash, beginning of year 42,683 127,880
Cash, cash equivalents and restricted cash, end of period 31,575 42,375
Cash paid for:    
Interest 13,526 16,038
Taxes 304 372
Non-cash investing activities:    
Accrued costs for purchases of real estate assets $ 1,313 $ 2,266