REPORTING SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The selected financial information for the reporting segments for the years ended December 31, 2023, 2022 and 2021 is as follows (in thousands):

	Year Ended December 31, 2023
	Strategic Opportunistic Properties		Residential Homes		Hotel		Total
Total revenues	$	98,463	$	37,800	$	9,153	$	145,416
Total expenses	(251,801)		(47,943)		(11,223)		(310,967)
Total other income, net	19,813		5,701		136		25,650
Net loss before income taxes	$	(133,525)	$	(4,442)	$	(1,934)	$	(139,901)
	Year Ended December 31, 2022
	Strategic Opportunistic Properties		Residential Homes		Hotel		Total
Total revenues	$	102,179	$	29,130	$	30,749	$	162,058
Total expenses	(140,162)		(35,022)		(31,508)		(206,692)
Total other (loss) income, net	(12,646)		18,158		2,376		7,888
Net (loss) income before income taxes	$	(50,629)	$	12,266	$	1,617	$	(36,746)
	Year Ended December 31, 2021
	Strategic Opportunistic Properties		Residential Homes		Hotel Properties		Total
Total revenues	$	115,167	$	21,954	$	30,806	$	167,927
Total expenses	(172,215)		(25,979)		(30,553)		(228,747)
Total other income, net	46,959		74		1,289		48,322
Net (loss) income	$	(10,089)	$	(3,951)	$	1,542	$	(12,498)

Total assets related to the three reporting segments as of December 31, 2023 and 2022 are as follows (in thousands):

	December 31, 2023
	Strategic Opportunistic Properties		Residential Homes		Hotel		Total
Total assets (1)	$	1,024,555	$	315,957	$	47,631	$	1,388,143
Goodwill (1)	948		—		—		948

_____________________

(1) During the year ended December 31, 2023, the Company recorded impairment charges on goodwill of $3.3 million and $1.2 million related to the Strategic Opportunistic Properties and Hotel segments, respectively.

	December 31, 2022
	Strategic Opportunistic Properties		Residential Homes		Hotel Properties		Total
Total assets (1)	$	1,173,481	$	333,128	$	52,636	$	1,559,245
Goodwill (1)	4,220		—		1,216		5,436

_____________________

(1) During the year ended December 31, 2022, the Company recorded impairment charges on goodwill of $5.5 million and $2.6 million related to the Strategic Opportunistic Properties and Hotel Properties segments, respectively.