XML 108 R95.htm IDEA: XBRL DOCUMENT v3.24.2.u1
SEGMENT DISCLOSURE - Segment Net Operating Income (Loss) (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Segment Reporting Information [Line Items]        
Revenues $ 34,439 $ 32,760 $ 68,437 $ 61,672
EXPENSES:        
Interest expense 9,226 8,709 18,203 14,945
General and administrative 1,403 1,684 3,022 3,609
Total Expenses 36,126 50,058 73,433 88,162
Income (loss) from unconsolidated entities 1,123 (904) 797 (136)
Hotel        
Segment Reporting Information [Line Items]        
Revenues 12,155 11,668 24,009 23,160
Operating Segments        
EXPENSES:        
Expense reimbursements to related parties—lending segment 673 910 1,236 1,518
Total segment net operating income 16,223 11,998 29,856 24,976
Operating Segments | Office        
Segment Reporting Information [Line Items]        
Revenues 14,101 13,975 28,712 27,462
EXPENSES:        
Operating 6,331 6,369 13,190 12,892
General and administrative 66 57 70 157
Total Expenses 6,397 6,426 13,260 13,049
Income (loss) from unconsolidated entities 1,204 (710) 1,321 (774)
Total segment net operating income 8,908 6,839 16,773 13,639
Operating Segments | Hotel        
Segment Reporting Information [Line Items]        
Revenues 12,155 11,668 24,009 23,160
EXPENSES:        
Operating 7,831 7,543 15,616 14,882
General and administrative 4 12 11 20
Total Expenses 7,835 7,555 15,627 14,902
Total segment net operating income 4,320 4,113 8,382 8,258
Operating Segments | Multifamily        
Segment Reporting Information [Line Items]        
Revenues 5,449 4,078 10,198 5,301
EXPENSES:        
Operating 3,034 3,067 6,371 4,430
General and administrative 82 295 134 312
Total Expenses 3,116 3,362 6,505 4,742
Income (loss) from unconsolidated entities (81) (194) (524) 638
Total segment net operating income 2,252 522 3,169 1,197
Operating Segments | Lending        
Segment Reporting Information [Line Items]        
Revenues 2,564 2,963 5,204 5,673
EXPENSES:        
Interest expense 880 1,315 1,800 1,560
Expense reimbursements to related parties—lending segment 673 910 1,236 1,518
General and administrative 268 214 636 713
Total Expenses 1,821 2,439 3,672 3,791
Total segment net operating income $ 743 $ 524 $ 1,532 $ 1,882