CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Real estate, net	$ 251,937	$ 293,226
Cash and cash equivalents	5,371	9,196
Restricted cash	16,812	9,474
Prepaid expenses and other assets, net	2,590	9,097
Investments in unconsolidated joint ventures	20,308	10,673
Receivables	3,336	1,836
Deferred rents receivable	44	6
Right-of-use asset	1,736	1,904
Intangible assets, net	9,542	9,912
Total assets	311,676	345,324
LIABILITIES
Loans payable, net	177,329	169,735
Corporate credit facility, net	29,639	0
Secured line of credit, net	7,241	5,236
Note payable	5,863	670
Deferred real estate deposits	656	82,856
Accounts payable and accrued expenses	10,395	22,243
Pension liabilities	924	1,033
Lease liability	1,892	2,065
Warrant liability	407	1,795
Total liabilities	234,346	285,633
Commitments and Contingencies
STOCKHOLDERS' EQUITY
Preferred stock, value	0	0
Special stock, $0.01 par value; 1 share authorized, issued and outstanding at June 30, 2020 and December 31, 2019	0	0
Common stock, $0.01 par value; 79,999,997 shares authorized; 38,306,489 and 37,612,465 shares issued at June 30, 2020 and December 31, 2019, respectively; 32,142,327 and 31,881,961 shares outstanding at June 30, 2020 and December 31, 2019, respectively	383	376
Additional paid-in capital	135,389	134,217
Treasury stock (6,164,162 and 5,730,504 shares at June 30, 2020 and December 31, 2019, respectively)	(56,778)	(55,731)
Accumulated other comprehensive loss	(2,949)	(3,174)
Retained earnings (accumulated deficit)	1,285	(15,997)
Total stockholders' equity	77,330	59,691
Total liabilities and stockholders' equity	311,676	345,324
Blank Check Preferred Stock [Member]
STOCKHOLDERS' EQUITY
Preferred stock, value	$ 0	$ 0