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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUES:    
Rental and other property income $ 18,773 $ 14,886
Hotel income 11,264 10,923
Interest and other income 3,961 3,103
Hotel revenues 33,998 28,912
EXPENSES:    
Rental and other property operating 17,981 15,225
Asset management and other fees to related parties           394 720
Interest 8,977 6,236
General and administrative 1,619 1,925
Transaction-related costs 690 3,360
Depreciation and amortization 6,478 9,502
Total Expenses 37,307 38,104
(Loss) income from unconsolidated entities (326) 768
Gain on sale of real estate (Note 3) 0 1,104
LOSS BEFORE PROVISION FOR INCOME TAXES (3,635) (7,320)
Provision for income taxes 270 256
NET LOSS (3,905) (7,576)
Net loss attributable to non-controlling interests 175 625
NET LOSS ATTRIBUTABLE TO THE COMPANY (3,730) (6,951)
Redeemable preferred stock dividends declared or accumulated (Note 11) (7,759) (5,391)
Redeemable preferred stock redemptions (Note 11) (806) (373)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (12,295) $ (12,715)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS PER SHARE:    
Basic (in usd per share) $ (0.54) $ (0.56)
Diluted (in usd per share) $ (0.54) $ (0.56)
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:    
Basic (in shares) 22,738 22,707
Diluted (in shares) 22,738 22,707
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Hotel [Member] Hotel [Member]
Corporate    
EXPENSES:    
Expense reimbursements to related parties $ 605 $ 528
Lending Segment    
EXPENSES:    
Expense reimbursements to related parties $ 563 $ 608