CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Real estate, net	$ 293,226	$ 213,064
Cash and cash equivalents	9,196	11,496
Restricted cash	9,474	2,529
Prepaid expenses and other assets, net	9,097	3,498
Investment in unconsolidated joint venture	10,673	11,526
Receivables	1,836	3,413
Deferred rents receivable	6	584
Right-of-use asset	1,904	0
Intangible assets, net	9,912	10,652
Total assets	345,324	256,762
LIABILITIES
Loans payable, net	169,735	123,333
Secured line of credit, net	5,236	0
Note payable	670	0
Deferred real estate deposits	82,856	49,247
Accounts payable and accrued expenses	22,243	20,983
Pension liabilities	1,033	3,738
Lease liability	2,065	0
Warrant liability	1,795	0
Total liabilities	285,633	197,301
Commitments and Contingencies
STOCKHOLDERS' EQUITY
Preferred stock, $0.01 par value; 2 shares authorized, no shares issued and outstanding at December 31, 2019 and December 31, 2018	0	0
Special stock, $0.01 par value; 1 share authorized, issued and outstanding at December 31, 2019 and December 31, 2018	0	0
Common stock, $0.01 par value; 79,999,997 shares authorized; 37,612,465 and 37,161,068 shares issued at December 31, 2019 and December 31, 2018, respectively; 31,881,961 and 31,647,284 shares outstanding at December 31, 2019 and December 31, 2018, respectively	376	372
Additional paid-in capital	134,217	132,831
Treasury stock (5,730,504 and 5,513,784 shares at December 31, 2019 and December 31, 2018, respectively)	(55,731)	(54,758)
Accumulated other comprehensive loss	(3,174)	(3,518)
Accumulated deficit	(15,997)	(15,466)
Total stockholders' equity	59,691	59,461
Total liabilities and stockholders' equity	345,324	256,762
Blank Check Preferred Stock [Member]
STOCKHOLDERS' EQUITY
Preferred stock, $0.01 par value; 2 shares authorized, no shares issued and outstanding at December 31, 2019 and December 31, 2018	$ 0	$ 0