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INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES - Statement of operations (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues      
Rental revenues $ 2,600 $ 993 $ 4,062
Total revenues 27,757 1,256 4,062
Operating Expenses      
Property operating expenses 7,409 8,166 5,328
Real estate taxes 74 79 328
General and administrative 4,492 4,955 5,349
Total operating expenses 39,343 16,446 14,882
Operating (loss) income (11,586) 9,006 (1,299)
Interest (expense) income, net (3,007) (1,398) 67
Interest expense - amortization of deferred finance costs (1,134) (202) 0
Net (loss) income attributable to common stockholders (16,474) 6,494 (2,179)
Our equity in net loss from unconsolidated joint ventures (555) (1,571) (819)
Unconsolidated Joint Ventures      
Revenues      
Rental revenues 12,679 12,747 3,314
Total revenues 12,679 12,747 3,314
Operating Expenses      
Property operating expenses 4,055 3,595 956
Real estate taxes 100 94 45
General and administrative 10 10 10
Amortization 2,479 5,676 536
Depreciation 3,937 3,833 1,328
Total operating expenses 10,581 13,208 2,875
Operating (loss) income 2,098 (461) 439
Interest (expense) income, net (3,806) (3,780) (1,905)
Interest expense - amortization of deferred finance costs (289) (1,881) (172)
Interest expense - change in fair market value of interest rate swap (153)    
Net (loss) income attributable to common stockholders (2,150) (6,122) (1,638)
Our equity in net loss from unconsolidated joint ventures $ (555) $ (1,571) $ (819)