Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$ 5,945	$ (851)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization, net	20,497	20,188
Amortization of deferred loan costs	1,066	1,068
Amortization of premiums and discounts on debt	48	(61)
Unrealized premium adjustment	1,471	2,930
Amortization of deferred costs and accretion of fees on loans receivable, net	(688)	(622)
Write-offs (recoveries) of uncollectible receivables	259	(82)
Deferred income taxes	(3)	72
Stock-based compensation	202	220
Income from unconsolidated entity	(164)	0
Loans funded, held for sale to secondary market	(30,770)	(96,991)
Proceeds from sale of guaranteed loans	31,943	109,000
Principal collected on loans subject to secured borrowings	692	1,786
Commitment fees remitted and other operating activity	(1,086)	(2,559)
Return on investment from unconsolidated entity	164	0
Changes in operating assets and liabilities:
Accounts receivable	(480)	(1,519)
Other assets	(40)	(1,340)
Accounts payable and accrued expenses	801	2,574
Deferred leasing costs	(2,056)	(1,669)
Other liabilities	995	7,128
Due to related parties	3,614	7,009
Net cash provided by operating activities	32,410	46,281
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(8,816)	(4,047)
Acquisition of real estate	(10,787)	(2,933)
Investment in unconsolidated entity	(22,652)	0
Return of investment from unconsolidated entity	10,271	0
Loans funded	(9,849)	(36,299)
Principal collected on loans	19,559	30,584
Net cash used in investing activities	(22,274)	(12,695)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payment of unsecured revolving lines of credit, revolving credit facilities, mortgages payable, term notes and principal on SBA 7(a) loan-backed notes	(182,700)	(157,910)
Proceeds from unsecured revolving lines of credit, revolving credit facilities and term notes	166,230	35,396
Payment of principal on secured borrowings	(692)	(1,786)
Payment of deferred preferred stock offering costs	(1,581)	(1,149)
Payment of deferred costs	(2,928)	(1)
Payment of common dividends	(7,658)	(3,979)
Proceeds from issuance of Common Stock	0	78,825
Payment of Common Stock offering costs	0	(1,900)
Repurchase of Common Stock	(4,715)	0
Net proceeds from issuance of Preferred Stock	148,007	29,829
Payment of preferred stock dividends	(24,327)	(18,045)
Repurchase of Series L Preferred Stock	(67,417)	0
Redemption of Preferred Stock	(8,527)	(2,755)
Noncontrolling interests’ distributions	(4)	(118)
Noncontrolling interests’ contributions	5	9
Net cash provided by (used in) financing activities	13,693	(43,584)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	23,829	(9,998)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH:
Beginning of period	33,651	43,649
End of period	57,480	33,651
RECONCILIATION OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH TO THE CONSOLIDATED BALANCE SHEETS:
Cash and cash equivalents	46,190	22,311
Restricted cash	11,290	11,340
Total cash and cash equivalents and restricted cash	57,480	33,651
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for interest	8,388	8,463
Federal income taxes paid	1,105	2,900
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Accrued capital expenditures, tenant improvements and real estate developments	3,859	2,127
Accrued deferred costs	22	0
Accrued preferred stock offering costs	68	161
Accrual of dividends payable to preferred stockholders	6,276	12,051
Accrual of dividends payable to common stockholders	1,933	1,753
Preferred stock offering costs offset against redeemable preferred stock	2,105	400
Reclassification of Series A Preferred Stock from temporary equity to permanent equity	37,766	45,806
Reclassification of Preferred Stock from permanent equity to accounts payable	83,838	48
Redeemable preferred stock deemed dividends	19	253
Accrued Redeemable Preferred Stock fees	450	638
Equity-based payment for management fees	$ 5,000	$ 9,174