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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
REVENUES:    
Rental and other property income $ 17,220 $ 18,773
Hotel income 12,134 11,264
Interest and other income 2,941 3,961
Hotel revenues 32,295 33,998
EXPENSES:    
Rental and other property operating 17,125 17,981
Asset management and other fees to related parties           360 394
Interest 9,758 8,977
General and administrative 2,181 1,619
Transaction-related costs 26 690
Depreciation and amortization 6,560 6,478
Total Expenses 37,295 37,307
Loss from unconsolidated entities (1,151) (326)
LOSS BEFORE PROVISION FOR INCOME TAXES (6,151) (3,635)
Provision for income taxes 121 270
NET LOSS (6,272) (3,905)
Net loss attributable to non-controlling interests 158 175
NET LOSS ATTRIBUTABLE TO THE COMPANY (6,114) (3,730)
Redeemable preferred stock dividends declared or accumulated (Note 11) (5,484) (7,759)
Redeemable preferred stock redemptions (Note 11) (300) (806)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (11,898) $ (12,295)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS PER SHARE:    
Basic (in usd per share) $ (20.73) $ (125.46)
Diluted (in usd per share) $ (20.73) $ (125.46)
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:    
Basic (in shares) 574 98
Diluted (in shares) 574 98
Corporate    
EXPENSES:    
Expense reimbursements to related parties $ 626 $ 605
Lending Segment    
EXPENSES:    
Expense reimbursements to related parties $ 659 $ 563