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SEGMENT DISCLOSURE - Segment Net Operating Income (Loss) (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Revenues $ 29,689 $ 34,439 $ 61,984 $ 68,437
EXPENSES:        
Interest expense 10,176 9,226 19,934 18,203
General and administrative 1,801 1,403 3,982 3,022
Total Expenses 38,245 36,126 75,540 73,433
Income (Loss) from unconsolidated entities (437) 1,123 (1,588) 797
Hotel        
Segment Reporting Information [Line Items]        
Revenues 11,635 12,155 24,316 24,009
Operating Segments        
EXPENSES:        
Expense reimbursements to related parties—lending segment 678 673 1,337 1,236
Total segment net operating income 9,819 16,223 21,574 29,856
Operating Segments | Office        
Segment Reporting Information [Line Items]        
Revenues 11,877 14,101 24,931 28,712
EXPENSES:        
Operating 6,444 6,331 12,080 13,190
General and administrative 89 66 377 70
Total Expenses 6,533 6,397 12,457 13,260
Income (Loss) from unconsolidated entities 175 1,204 146 1,321
Total segment net operating income 5,519 8,908 12,620 16,773
Operating Segments | Hotel        
Segment Reporting Information [Line Items]        
Revenues 11,635 12,155 24,316 24,009
EXPENSES:        
Operating 7,470 7,831 15,456 15,616
General and administrative 7 4 18 11
Total Expenses 7,477 7,835 15,474 15,627
Total segment net operating income 4,158 4,320 8,842 8,382
Operating Segments | Multifamily        
Segment Reporting Information [Line Items]        
Revenues 3,944 5,449 8,035 10,198
EXPENSES:        
Operating 3,060 3,034 6,563 6,371
General and administrative 83 82 169 134
Total Expenses 3,143 3,116 6,732 6,505
Income (Loss) from unconsolidated entities (612) (81) (1,734) (524)
Total segment net operating income 189 2,252 (431) 3,169
Operating Segments | Lending        
Segment Reporting Information [Line Items]        
Revenues 2,090 2,564 4,468 5,204
EXPENSES:        
Interest expense 549 880 1,123 1,800
Expense reimbursements to related parties—lending segment 678 673 1,337 1,236
General and administrative 910 268 1,465 636
Total Expenses 2,137 1,821 3,925 3,672
Total segment net operating income $ (47) $ 743 $ 543 $ 1,532