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Real Estate (Tables) | 6 Months Ended
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Jun. 30, 2023
Real Estate [Abstract] |
Schedule of Real Estate Held for Sale | Real estate held for sale consists of the following:
|  | June 30, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
Real estate held for sale |  | $ | 113,000 |  |  | $ | — |
Receivables, net |  |  | — |  |  |  | — |
Deferred costs and other assets, net |  |  | — |  |  |  | — |
Total real estate held for sale |  | $ | 113,000 |  |  | $ | — |
Summary of Loss from Discontinued Operations | The following is a summary of loss from discontinued operations:
|  | Three months ended June 30, |  |  | Six months ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
REVENUES |  |  |  |  |  |  |  |  |  |  |  |
Rental revenues |  | $ | — |  |  | $ | 20,824,000 |  |  | $ | — |  |  | $ | 42,472,000 |
Other revenues |  |  | — |  |  |  | 102,000 |  |  |  | — |  |  |  | 157,000 |
Total revenues |  |  | — |  |  |  | 20,926,000 |  |  |  | — |  |  |  | 42,629,000 |
EXPENSES |  |  |  |  |  |  |  |  |  |  |  |
Operating, maintenance and management |  |  | — |  |  |  | 4,386,000 |  |  |  | — |  |  |  | 9,236,000 |
Real estate and other property-related taxes |  |  | — |  |  |  | 3,278,000 |  |  |  | — |  |  |  | 6,534,000 |
Corporate general and administrative |  |  | — |  |  |  | 91,000 |  |  |  | — |  |  |  | 151,000 |
Depreciation and amortization |  |  | — |  |  |  | 3,964,000 |  |  |  | — |  |  |  | 9,726,000 |
Total expenses |  |  | — |  |  |  | 11,719,000 |  |  |  | — |  |  |  | 25,647,000 |
OPERATING INCOME |  |  | — |  |  |  | 9,207,000 |  |  |  | — |  |  |  | 16,982,000 |
NON-OPERATING INCOME AND EXPENSES |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  | — |  |  |  | (1,509,000 | ) |  |  | — |  |  |  | (3,036,000 | )
Total non-operating income and expenses |  |  | — |  |  |  | (1,509,000 | ) |  |  | — |  |  |  | (3,036,000 | )
INCOME FROM DISCONTINUED OPERATIONS |  |  | — |  |  |  | 7,698,000 |  |  |  | — |  |  |  | 13,946,000 |
Impairment charges |  |  | — |  |  |  | (16,119,000 | ) |  |  | — |  |  |  | (16,630,000 | )
TOTAL LOSS FROM DISCONTINUED OPERATIONS |  | $ | — |  |  | $ | (8,421,000 | ) |  | $ | — |  |  | $ | (2,684,000 | )

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