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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Real estate assets at cost, net $ 489,661 $ 387,647
Cash and cash equivalents 52,014 150,263
Restricted cash 358 10,644
Interest rate swap assets 6,971 188
Assets of discontinued operations 29 7,990
Other assets 47,774 33,914
Total assets 596,807 590,646
LIABILITIES AND STOCKHOLDERS' EQUITY    
Mortgage loans and construction loan, net of debt issuance costs 79,653 169,818
Delayed draw term loan, net of debt issuance costs 88,713  
Deferred revenue 6,741 7,365
Accounts payable and accrued liabilities 10,940 9,671
Interest rate swap liabilities   3,995
Dividends payable 1,835 1,629
Liabilities of discontinued operations 119 832
Other liabilities 11,537 11,259
Total liabilities 199,538 204,569
Stockholders' Equity    
Common stock, par value $0.01 per share, 50,000,000 shares authorized, 10,192,416 and 10,183,730 shares issued and outstanding, respectively 102 102
Additional paid-in capital 401,370 399,754
Accumulated deficit (11,486) (10,869)
Accumulated other comprehensive income (loss) 7,283 (2,910)
Total stockholders' equity 397,269 386,077
Total liabilities and stockholders' equity $ 596,807 $ 590,646