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Combined and Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Total revenues $ 43,571 $ 38,412 $ 85,837 $ 106,026
Costs and expenses:        
Depreciation and amortization 1,125 1,150 3,295 3,561
General and administrative [1] 7,310   28,960  
General and administrative, net [1]   7,005   5,882
Provision for (recovery of) loan losses 95 (157) 1,727 22,556
Impairment of assets       1,750
Other expense 181 118 783 274
Total costs and expenses 44,875 49,837 130,058 160,381
Unrealized loss on equity investment (80,189)   (247,121)  
Loss from operations before earnings from equity method investments and other items (81,493) (11,425) (291,342) (54,355)
Loss on early extinguishment of debt, net (482)   (1,523)  
Earnings from equity method investments 217 28,993 30,433 50,502
Net income (loss) (81,758) 17,568 (262,432) (3,853)
Net (income) from operations attributable to noncontrolling interests (56) (57) (58) (46)
Net income (loss) allocable to common shareholders $ (81,814) $ 17,511 $ (262,490) $ (3,899)
Per common share data:        
Net income (loss) allocable to common shareholders - Basic $ (6.14) $ 1.31 $ (19.71) $ (0.29)
Net income (loss) allocable to common shareholders - Diluted $ (6.14) $ 1.31 $ (19.71) $ (0.29)
Weighted average number of common shares:        
Basic (in shares) 13,320 13,320 13,320 13,320
Diluted (in shares) 13,320 13,320 13,320 13,320
Nonrelated party        
Costs and expenses:        
Interest expense $ 2,297 $ 9,518 $ 15,005 $ 33,296
Related party        
Costs and expenses:        
Interest expense 2,100   4,200  
Operating lease income        
Revenues:        
Total revenues 1,866 3,424 5,177 9,715
Interest income        
Revenues:        
Total revenues 244 2,093 1,755 11,187
Other income        
Revenues:        
Total revenues [2] 16,625 17,808 32,686 30,734
Land development revenue        
Revenues:        
Total revenues 24,836 15,087 46,219 54,390
Costs and expenses:        
Cost of sales expense 17,761 16,778 40,093 55,369
Real estate expense        
Costs and expenses:        
Cost of sales expense $ 14,006 $ 15,425 $ 35,995 $ 37,693
[1] For the three and nine months ended September 30, 2023, includes $6.3 million and $13.5 million, respectively, of management fees incurred to related parties.
[2] For the three months ended September 30, 2023 and 2022, includes $9.9 million and $10.0 million, respectively, of revenues from hotel properties. For the nine months ended September 30, 2023 and 2022, includes $18.0 million and $18.1 million, respectively, of revenues from hotel properties.