Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
REVENUES:
Rental and other property income	$ 66,002	$ 56,226
Hotel income	39,063	33,432
Interest and other income	14,193	12,248
Total Revenues	119,258	101,906
EXPENSES:
Rental and other property operating	62,493	50,526
Asset management and other fees to related parties	2,627	3,570
Interest	35,098	9,604
General and administrative	8,119	6,869
Transaction costs	4,421	223
Depreciation and amortization	52,484	20,348
Total Expenses	170,163	94,994
(Loss) income from unconsolidated entities	(427)	164
Gain on sale of real estate (Note 3)	1,104	0
(LOSS) INCOME BEFORE PROVISION FOR INCOME TAXES	(50,228)	7,076
Provision for income taxes	1,228	1,131
NET (LOSS) INCOME	(51,456)	5,945
Net loss (income) attributable to noncontrolling interests	2,971	(27)
NET (LOSS) INCOME ATTRIBUTABLE TO THE COMPANY	(48,485)	5,918
Redeemable preferred stock dividends declared or accumulated (Note 11)	(25,731)	(18,558)
Redeemable preferred stock deemed dividends (Note 11)	0	(19)
Redeemable preferred stock redemptions (Note 11)	(1,511)	(13,126)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (75,727)	$ (25,785)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS PER SHARE:
Basic (in usd per share)	$ (3.33)	$ (1.11)
Diluted (in usd per share)	$ (3.33)	$ (1.11)
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:
Basic (in shares)	22,723	23,153
Diluted (in shares)	22,723	23,154
Revenue from Contract with Customer, Product and Service [Extensible List]	Hotel	Hotel
Corporate
EXPENSES:
Expense reimbursements to related parties	$ 2,342	$ 1,925
Lending Segment
EXPENSES:
Expense reimbursements to related parties	$ 2,579	$ 1,929