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SEGMENT DISCLOSURE - Segment Net Operating Income (Loss) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment Reporting Information [Line Items]    
Revenues $ 32,295 $ 33,998
EXPENSES:    
Interest expense 9,758 8,977
General and administrative 2,181 1,619
Total Expenses 37,295 37,307
(Loss) income from unconsolidated entities (1,151) (326)
Hotel    
Segment Reporting Information [Line Items]    
Revenues 12,681 11,854
Operating Segments    
EXPENSES:    
Expense reimbursements to related parties—lending segment 659 563
Total segment net operating income 11,755 13,633
Operating Segments | Office    
Segment Reporting Information [Line Items]    
Revenues 13,054 14,611
EXPENSES:    
Operating 5,636 6,859
General and administrative 288 4
Total Expenses 5,924 6,863
(Loss) income from unconsolidated entities (29) 117
Total segment net operating income 7,101 7,865
Operating Segments | Hotel    
Segment Reporting Information [Line Items]    
Revenues 12,681 11,854
EXPENSES:    
Operating 7,986 7,785
General and administrative 11 7
Total Expenses 7,997 7,792
Total segment net operating income 4,684 4,062
Operating Segments | Multifamily    
Segment Reporting Information [Line Items]    
Revenues 4,091 4,749
EXPENSES:    
Operating 3,503 3,337
General and administrative 86 52
Total Expenses 3,589 3,389
(Loss) income from unconsolidated entities (1,122) (443)
Total segment net operating income (620) 917
Operating Segments | Lending    
Segment Reporting Information [Line Items]    
Revenues 2,378 2,640
EXPENSES:    
Interest expense 574 920
Expense reimbursements to related parties—lending segment 659 563
General and administrative 555 368
Total Expenses 1,788 1,851
Total segment net operating income $ 590 $ 789