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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
REVENUES:    
Rental and other property income $ 52,838 $ 54,823
Hotel income $ 16,722 $ 11,882
Revenue from Contract with Customer, Product and Service [Extensible List] Hotel Hotel
Interest and other income $ 21,366 $ 10,503
Total Revenues 90,926 77,208
EXPENSES:    
Rental and other property operating 39,272 37,544
Asset management and other fees to related parties 9,030 9,793
Interest 9,413 11,415
General and administrative 6,844 6,772
Transaction costs 143 0
Depreciation and amortization 20,112 21,406
Loss on early extinguishment of debt (Note 6) 0 281
Impairment of real estate (Note 3) 0 0
Total Expenses 88,785 92,945
Gain on sale of real estate (Note 3) 0 0
INCOME (LOSS) BEFORE PROVISION (BENEFIT) FOR INCOME TAXES 2,141 (15,737)
Provision (benefit) for income taxes 2,992 (722)
NET (LOSS) INCOME (851) (15,015)
Net loss (income) attributable to noncontrolling interests 1 (1)
NET (LOSS) INCOME ATTRIBUTABLE TO THE COMPANY (850) (15,016)
Redeemable preferred stock dividends declared or accumulated (Note 9) (18,763) (18,002)
Redeemable preferred stock deemed dividends (Note 9) (253) (377)
Redeemable preferred stock redemptions (Note 9) (113) (72)
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (19,979) $ (33,467)
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS PER SHARE:    
Basic (in usd per share) $ (1.04) $ (2.27)
Diluted (in usd per share) $ (1.04) $ (2.27)
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:    
Basic (in shares) 19,187 14,748
Diluted (in shares) 19,187 14,748
Corporate    
EXPENSES:    
Expense reimbursements to related parties $ 2,050 $ 2,243
Lending Segment    
EXPENSES:    
Expense reimbursements to related parties $ 1,921 $ 3,491