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v3.23.1

SUBSEQUENT EVENTS - Narrative (Details) $ / shares in Units, $ in Thousands |  |  |  |  |  |  |  |  |  |  |  | 12 Months Ended
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Mar. 28, 2023 USD ($) unit | Mar. 20, 2023 $ / shares | Mar. 09, 2023 USD ($) | Feb. 28, 2023 USD ($) unit | Feb. 17, 2023 USD ($) | Jan. 31, 2023 USD ($) unit | Dec. 15, 2022 $ / shares | Sep. 07, 2021 $ / shares | Jun. 07, 2021 $ / shares | Mar. 05, 2021 $ / shares | May 30, 2018 USD ($) | Dec. 31, 2022 | Dec. 31, 2021
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Percentage of ownership acquired |  |  |  |  |  |  |  |  |  |  |  | 100.00% | 100.00%
Dividends declared, common (in usd per share) | $ / shares |  |  |  |  |  |  | $ 0.085 | $ 0.075 | $ 0.075 | $ 0.075 |  |  |
SBA 7(a) loan-backed notes |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from SBA 7(a) loan-backed notes |  |  |  |  |  |  |  |  |  |  | $ 38,200 |  |
Effective interest rate |  |  |  |  |  |  |  |  |  |  |  |  | 1.49%
SBA 7(a) loan-backed notes | Prime Rate |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate margin |  |  |  |  |  |  |  |  |  |  | (1.08%) |  |
Subsequent event |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Dividends declared, common (in usd per share) | $ / shares |  | $ 0.085 |  |  |  |  |  |  |  |  |  |  |
Subsequent event | SBA 7(a) loan-backed notes |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Aggregate principal amount |  |  | $ 54,100 |  |  |  |  |  |  |  |  |  |
Proceeds from SBA 7(a) loan-backed notes |  |  | $ 43,300 |  |  |  |  |  |  |  |  |  |
Effective interest rate |  |  | 7.40% |  |  |  |  |  |  |  |  |  |
Subsequent event | SBA 7(a) loan-backed notes | SOFR |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate margin |  |  | 2.90% |  |  |  |  |  |  |  |  |  |
Subsequent event | SBA 7(a) loan-backed notes | Prime Rate |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate margin |  |  | 0.35% |  |  |  |  |  |  |  |  |  |
Subsequent event | Channel House |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Asset acquisition, percentage of voting interests acquired |  |  |  |  |  | 89.42% |  |  |  |  |  |  |
Purchase price |  |  |  |  |  | $ 120,400 |  |  |  |  |  |  |
Payment of mortgages payable |  |  |  |  |  | 16,000 |  |  |  |  |  |  |
Mortgage payable assumed |  |  |  |  |  | $ 103,000 |  |  |  |  |  |  |
Subsequent event | Channel House | Apartment Building |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of units (in apartments) | unit |  |  |  |  |  | 333 |  |  |  |  |  |  |
Subsequent event | Land Parcel F-3 |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Purchase price |  |  |  |  |  | $ 200 |  |  |  |  |  |  |
Subsequent event | Land Parcel Site D |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Purchase price |  |  |  |  |  | $ 2,200 |  |  |  |  |  |  |
Subsequent event | 4750 Wilshire Blvd |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Asset acquisition, percentage of voting interests acquired |  |  |  |  | 80.00% |  |  |  |  |  |  |  |
Purchase price |  |  |  |  | $ 34,400 |  |  |  |  |  |  |  |
Mortgage payable assumed |  |  |  |  | 38,500 |  |  |  |  |  |  |  |
Conversion cost |  |  |  |  | $ 31,000 |  |  |  |  |  |  |  |
Subsequent event | Office Property, Los Angeles, California |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Asset acquisition, percentage of voting interests acquired |  |  |  | 50.00% |  |  |  |  |  |  |  |  |
Purchase price |  |  |  | $ 19,100 |  |  |  |  |  |  |  |  |
Mortgage payable assumed |  |  |  | $ 9,600 |  |  |  |  |  |  |  |  |
Percentage of ownership acquired |  |  |  | 100.00% |  |  |  |  |  |  |  |  |
Subsequent event | Office Property, Los Angeles, California | Multifamily |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of units (in apartments) | unit |  |  |  | 75 |  |  |  |  |  |  |  |  |
Subsequent event | 1150 Clay |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Asset acquisition, percentage of voting interests acquired | 98.05% |  |  |  |  |  |  |  |  |  |  |  |
Purchase price | $ 142,700 |  |  |  |  |  |  |  |  |  |  |  |
Mortgage payable assumed | $ 78,300 |  |  |  |  |  |  |  |  |  |  |  |
Subsequent event | 1150 Clay | Multifamily |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of units (in apartments) | unit | 288 |  |  |  |  |  |  |  |  |  |  |  |

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