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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
REVENUES:        
Rental and other property income $ 14,194 $ 12,838 $ 42,484 $ 39,496
Hotel income 7,965 5,212 24,476 10,074
Interest and other income 2,694 6,199 9,078 16,231
Total Revenues 24,853 24,249 76,038 65,801
EXPENSES:        
Rental and other property operating 13,334 9,958 37,557 27,363
Asset management and other fees to related parties           916 2,262 2,757 6,781
Interest 2,193 2,185 6,766 7,490
General and administrative 1,907 1,625 4,975 5,393
Transaction costs 201 0 201 0
Depreciation and amortization 5,093 5,061 15,071 15,167
Total Expenses 24,694 21,679 70,398 65,005
(Loss) income from unconsolidated entity (204) 0 176 0
(LOSS) INCOME BEFORE PROVISION FOR INCOME TAXES (45) 2,570 5,816 796
Provision for income taxes 187 946 815 2,316
NET (LOSS) INCOME (232) 1,624 5,001 (1,520)
Net (income) loss attributable to noncontrolling interests (5) 0 (19) 4
NET (LOSS) INCOME ATTRIBUTABLE TO THE COMPANY (237) 1,624 4,982 (1,516)
Redeemable preferred stock dividends declared or accumulated (Note 10) (6,584) (4,723) (16,763) (13,810)
Redeemable preferred stock deemed dividends (Note 10) 0 (90) (19) (253)
Redeemable preferred stock redemptions (Note 10) (4,863) (27) (5,044) (53)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (11,684) $ (3,216) $ (16,844) $ (15,632)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS PER SHARE:        
Basic (in usd per share) $ (0.50) $ (0.14) $ (0.72) $ (0.88)
Diluted (in usd per share) $ (0.50) $ (0.14) $ (0.72) $ (0.88)
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:        
Basic (in shares) 23,209 23,349 23,303 17,784
Diluted (in shares) 23,209 23,350 23,303 17,784
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Hotel [Member] Hotel [Member] Hotel [Member] Hotel [Member]
Corporate        
EXPENSES:        
Expense reimbursement to related parties $ 511 $ 533 $ 1,459 $ 1,592
Lending Segment        
EXPENSES:        
Expense reimbursement to related parties $ 539 $ 55 $ 1,612 $ 1,219