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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
REVENUES:    
Rental and other property income $ 56,226 $ 52,838
Hotel income 33,432 16,722
Interest and other income 12,248 21,366
Total Revenues 101,906 90,926
EXPENSES:    
Rental and other property operating 50,526 39,272
Asset management and other fees to related parties 3,570 9,030
Interest 9,604 9,413
General and administrative 6,869 6,844
Transaction costs 223 143
Depreciation and amortization 20,348 20,112
Total Expenses 94,994 88,785
Income from unconsolidated entity 164 0
INCOME BEFORE PROVISION FOR INCOME TAXES 7,076 2,141
Provision for income taxes 1,131 2,992
NET INCOME (LOSS) 5,945 (851)
Net (income) loss attributable to noncontrolling interests (27) 1
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY 5,918 (850)
Redeemable preferred stock dividends declared or accumulated (Note 10) (18,558) (18,763)
Redeemable preferred stock deemed dividends (Note 10) (19) (253)
Redeemable preferred stock redemptions (Note 10) (13,126) (113)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (25,785) $ (19,979)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS PER SHARE:    
Basic (in usd per share) $ (1.11) $ (1.04)
Diluted (in usd per share) $ (1.11) $ (1.04)
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:    
Basic (in shares) 23,153 19,187
Diluted (in shares) 23,154 19,187
Revenue from Contract with Customer, Product and Service [Extensible List] Hotel Hotel
Corporate    
EXPENSES:    
Expense reimbursements to related parties—lending segment $ 1,925 $ 2,050
Lending Segment    
EXPENSES:    
Expense reimbursements to related parties—lending segment $ 1,929 $ 1,921