SEGMENT DISCLOSURE - Segment Net Operating Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting Information [Line Items]
Revenues	$ 28,118	$ 24,853	$ 89,790	$ 76,038
EXPENSES:
Interest expense	9,733	2,193	24,678	6,766
General and administrative	2,142	1,907	5,751	4,975
Total Expenses	45,400	24,694	133,562	70,398
Income (loss) from unconsolidated entities	1,189	(204)	1,053	176
Hotel
Segment Reporting Information [Line Items]
Revenues	7,948	8,456	31,108	25,825
Operating Segments
EXPENSES:
Expense reimbursements to related parties—lending segment	648	539	2,166	1,612
Total segment net operating income	11,214	10,087	36,190	35,079
Operating Segments | Office
Segment Reporting Information [Line Items]
Revenues	14,049	14,043	41,511	42,225
EXPENSES:
Operating	6,267	7,249	19,159	19,772
General and administrative	75	71	232	196
Total Expenses	6,342	7,320	19,391	19,968
Income (loss) from unconsolidated entities	1,611	(204)	837	176
Total segment net operating income	9,318	6,519	22,957	22,433
Operating Segments | Hotel
Segment Reporting Information [Line Items]
Revenues	7,948	8,456	31,108	25,825
EXPENSES:
Operating	6,030	6,052	20,912	17,728
General and administrative	(3)	27	17	79
Total Expenses	6,027	6,079	20,929	17,807
Total segment net operating income	1,921	2,377	10,179	8,018
Operating Segments | Multifamily
Segment Reporting Information [Line Items]
Revenues	3,331	0	8,632	0
EXPENSES:
Operating	3,212	0	7,642	0
General and administrative	88	0	400	0
Total Expenses	3,300	0	8,042	0
Income (loss) from unconsolidated entities	(422)	0	216	0
Total segment net operating income	(391)	0	806	0
Operating Segments | Lending
Segment Reporting Information [Line Items]
Revenues	2,570	2,353	8,243	7,987
EXPENSES:
Interest expense	1,177	134	2,737	360
Expense reimbursements to related parties—lending segment	648	539	2,166	1,612
General and administrative	379	489	1,092	1,387
Total Expenses	2,204	1,162	5,995	3,359
Total segment net operating income	$ 366	$ 1,191	$ 2,248	$ 4,628