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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Total Stockholders’ Equity
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Noncontrolling Interests
Series A Preferred Stock
Preferred Stock
Series B Preferred Stock
Preferred Stock
Beginning balance (in shares) at Dec. 31, 2020     9,703,874     224,429 562 1,875,748
Beginning balance at Dec. 31, 2020 $ 16,849 $ 14,918 $ 97 $ 234,061 $ (260,867) $ 1,931 $ 453 $ 41,174
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Accretion of Series B Preferred Stock discount 87 87           $ 87
Conversion of operating partnership units to Common Stock (in shares)     9,086     (9,086)    
Conversion of operating partnership units to Common Stock 0 33   33   $ (33)    
Issuance of common stock under Share Incentive Plan (in shares)     5,000          
Issuance of Common Stock under Share Incentive Plan 14 14   14        
Adjustment for noncontrolling interest in operating partnership 0 49   49   (49)    
Conversion of Series B Preferred Stock to Common Stock (in shares)     2,572         (3,300)
Conversion of Series B Preferred Stock to Common Stock 0     72       $ (72)
Deemed contribution related to Preferred Stock discount 5,040 5,040     5,040      
Dividends and distributions (8,837) (8,837)     (8,837)      
Net (Loss) Income (9,351) (9,443)     (9,443) $ 92    
Ending balance (in shares) at Dec. 31, 2021     9,720,532     215,343 562 1,872,448
Ending balance at Dec. 31, 2021 3,802 1,861 $ 97 234,229 (274,107) $ 1,941 $ 453 $ 41,189
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Accretion of Series B Preferred Stock discount 87 87           $ 87
Conversion of operating partnership units to Common Stock (in shares)     70,401     (70,401)    
Conversion of operating partnership units to Common Stock 0 161 $ 1 160   $ (161)    
Adjustment for noncontrolling interest in operating partnership 0 500   500   (500)    
Conversion of Series B Preferred Stock to Common Stock (in shares)     3,024         (4,847)
Conversion of Series B Preferred Stock to Common Stock 0     104       $ (104)
Paid-in-kind interest, Issuance of Series B Preferred Stock (in shares)               1,511,541
Paid-in-kind interest, Issuance of Series B Preferred Stock 3,739 3,739           $ 3,739
Noncontrolling interests assumed from the acquisition [1] 64,845         64,845    
Deemed contribution related to Preferred Stock discount 0              
Dividends and distributions (12,969) (9,056)     (9,056) (3,913)    
Net (Loss) Income (8,470) (12,454)     (12,454) $ 3,984    
Ending balance (in shares) at Dec. 31, 2022     9,793,957     144,942 562 3,379,142
Ending balance at Dec. 31, 2022 $ 51,034 $ (15,162) $ 98 $ 234,993 $ (295,617) $ 66,196 $ 453 $ 44,911
[1] See Notes 1, 2 and 3 of the Notes to the Condensed Consolidated Financial Statements for further details.