CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues
Rental revenues	$ 5,502	$ 3,225	$ 1,563
Other income	182	355	263
Sales of residential condominium units	37,300	23,685
Total revenues	42,984	27,265	1,826
Operating Expenses
Property operating expenses	4,180	5,583	9,120
Real estate taxes	1,697	724	254
General and administrative	5,754	5,133	5,217
Pension related costs	548	67	345
Cost of sales - residential condominium units	35,236	22,370
Transaction related costs	163		133
Depreciation and amortization	4,018	4,003	3,907
Total operating expenses	51,596	37,880	18,976
Gain on sale of school condominium			24,196
Operating (loss) income	(8,612)	(10,615)	7,046
Equity in net income (loss) from unconsolidated joint ventures	804	(555)	(1,571)
Equity in net gain on sale of unconsolidated joint venture property	4,490
Unrealized gain on warrants	1,070	73	965
Interest expense, net	(15,701)	(7,922)	(1,540)
Interest expense - amortization of deferred finance costs	(2,453)	(1,521)	(261)
(Loss) income before taxes	(20,402)	(20,540)	4,639
Tax expense	(288)	(265)	(306)
Net (loss) income attributable to common stockholders	(20,690)	(20,805)	4,333
Other comprehensive (loss) income:
Unrealized (loss) gain on pension liability	(2,283)	816	1,015
Comprehensive (loss) income attributable to common stockholders	$ (22,973)	$ (19,989)	$ 5,348
(Loss) income per share - basic	$ (0.56)	$ (0.62)	$ 0.13
(Loss) income per share - diluted	$ (0.56)	$ (0.62)	$ 0.13
Weighted average number of common shares - basic	37,224	33,322	32,305
Weighted average number of common shares - diluted	37,224	33,322	32,860