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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
REVENUES:        
Rental and other property income $ 13,309 $ 13,700 $ 26,658 $ 28,519
Hotel income $ 3,130 $ 869 $ 4,862 $ 8,628
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] srt:HotelMember srt:HotelMember srt:HotelMember srt:HotelMember
Interest and other income $ 6,234 $ 1,941 $ 10,032 $ 4,898
REVENUES 22,673 16,510 41,552 42,045
EXPENSES:        
Rental and other property operating 9,115 7,492 17,405 20,007
Asset management and other fees to related parties           2,260 2,376 4,519 5,021
Interest 2,673 2,896 5,305 6,063
General and administrative 1,146 1,668 3,768 3,402
Depreciation and amortization 5,069 5,197 10,106 10,455
EXPENSES 21,150 21,242 43,326 48,055
INCOME (LOSS) BEFORE PROVISION (BENEFIT) FOR INCOME TAXES 1,523 (4,732) (1,774) (6,010)
Provision (benefit) for income taxes 996 (691) 1,370 (713)
NET INCOME (LOSS) 527 (4,041) (3,144) (5,297)
Net loss (income) attributable to noncontrolling interests 3 (2) 4 (6)
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY 530 (4,043) (3,140) (5,303)
Redeemable preferred stock dividends declared or accumulated (Note 9) (4,621) (3,990) (9,087) (9,346)
Redeemable preferred stock deemed dividends (Note 9) (106) (52) (163) (213)
Redeemable preferred stock redemptions (Note 9) (13) (56) (26) (66)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (4,210) $ (8,141) $ (12,416) $ (14,928)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS PER SHARE:        
Basic (in usd per share) $ (0.28) $ (0.55) $ (0.83) $ (1.02)
Diluted (in usd per share) $ (0.28) $ (0.55) $ (0.83) $ (1.02)
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:        
Basic (in shares) 15,102,000 14,782,000 14,956,000 14,690,000
Diluted (in shares) 15,102,000 14,782,000 14,956,000 14,690,000
Corporate        
EXPENSES:        
Expense reimbursement to related parties $ 454 $ 615 $ 1,059 $ 1,427
Lending Segment        
EXPENSES:        
Expense reimbursement to related parties $ 433 $ 998 $ 1,164 $ 1,680