SEGMENT DISCLOSURE - Segment Net Operating Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Segment Reporting Information [Line Items]
Revenues	$ 32,760	$ 26,403	$ 61,672	$ 51,185
EXPENSES:
Interest expense	8,709	2,403	14,945	4,573
General and administrative	1,684	1,253	3,609	3,068
Total Expenses	50,058	23,411	88,162	45,704
(Loss) income from unconsolidated entities	(904)	260	(136)	380
Hotel
Segment Reporting Information [Line Items]
Revenues	11,668	9,576	23,160	17,369
Operating Segments
EXPENSES:
Expense reimbursements to related parties—lending segment	910	604	1,518	1,073
Segment net operating income	11,998	12,836	24,976	24,992
Operating Segments | Office
Segment Reporting Information [Line Items]
Revenues	13,975	14,077	27,462	28,182
EXPENSES:
Operating	6,369	6,402	12,892	12,523
General and administrative	57	35	157	125
Total Expenses	6,426	6,437	13,049	12,648
(Loss) income from unconsolidated entities	(710)	260	(774)	380
Segment net operating income	6,839	7,900	13,639	15,914
Operating Segments | Hotel
Segment Reporting Information [Line Items]
Revenues	11,668	9,576	23,160	17,369
EXPENSES:
Operating	7,543	6,305	14,882	11,676
General and administrative	12	24	20	52
Total Expenses	7,555	6,329	14,902	11,728
Segment net operating income	4,113	3,247	8,258	5,641
Operating Segments | Multifamily
Segment Reporting Information [Line Items]
Revenues	4,078	0	5,301	0
EXPENSES:
Operating	3,067	0	4,430	0
General and administrative	295	0	312	0
Total Expenses	3,362	0	4,742	0
(Loss) income from unconsolidated entities	(194)	0	638	0
Segment net operating income	522	0	1,197	0
Operating Segments | Lending
Segment Reporting Information [Line Items]
Revenues	2,963	2,750	5,673	5,634
EXPENSES:
Interest expense	1,315	119	1,560	226
Expense reimbursements to related parties—lending segment	910	604	1,518	1,073
General and administrative	214	338	713	898
Total Expenses	2,439	1,061	3,791	2,197
Segment net operating income	$ 524	$ 1,689	$ 1,882	$ 3,437