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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Real estate assets at cost, net $ 419,888 $ 387,647
Cash and cash equivalents 125,727 150,263
Restricted cash 665 10,644
Other assets 37,650 34,102
Assets of discontinued operations 7,930 7,990
Total assets 591,860 590,646
LIABILITIES AND STOCKHOLDERS' EQUITY    
Mortgage loans and construction loan, net of debt issuance costs 168,950 169,818
Deferred revenue 6,423 7,365
Accounts payable and accrued liabilities 13,183 9,671
Dividends payable 1,630 1,629
Other liabilities 11,216 15,254
Liabilities of discontinued operations 830 832
Total liabilities 202,232 204,569
Stockholders' Equity    
Common stock, par value $0.01 per share, 50,000,000 shares authorized, 10,186,143 and 10,183,730 shares issued and outstanding, respectively 102 102
Additional paid-in capital 400,004 399,754
Accumulated deficit (12,230) (10,869)
Accumulated other comprehensive income (loss) 1,752 (2,910)
Total stockholders' equity 389,628 386,077
Total liabilities and stockholders' equity $ 591,860 $ 590,646