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SEGMENT DISCLOSURE - Segment Net Operating Income (Loss) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Segment Reporting Information [Line Items]        
Revenues $ 28,616 $ 28,118 $ 97,053 $ 89,790
EXPENSES:        
Interest expense 9,616 9,733 27,819 24,678
General and administrative 2,221 2,142 5,243 5,751
Total Expenses 37,938 45,400 111,371 133,562
(Loss) income from unconsolidated entities (1,239) 1,189 (442) 1,053
Hotel        
Segment Reporting Information [Line Items]        
Revenues 7,142 7,948 31,151 31,108
Operating Segments        
EXPENSES:        
Expense reimbursements to related parties—lending segment 672 648 1,908 2,166
Total segment net operating income 7,588 11,214 37,444 36,190
Operating Segments | Office        
Segment Reporting Information [Line Items]        
Revenues 13,819 14,049 42,531 41,511
EXPENSES:        
Operating 7,444 6,267 20,634 19,159
General and administrative 122 75 192 232
Total Expenses 7,566 6,342 20,826 19,391
(Loss) income from unconsolidated entities (834) 1,611 487 837
Total segment net operating income 5,419 9,318 22,192 22,957
Operating Segments | Hotel        
Segment Reporting Information [Line Items]        
Revenues 7,142 7,948 31,151 31,108
EXPENSES:        
Operating 6,147 6,030 21,763 20,912
General and administrative 22 (3) 33 17
Total Expenses 6,169 6,027 21,796 20,929
Total segment net operating income 973 1,921 9,355 10,179
Operating Segments | Multifamily        
Segment Reporting Information [Line Items]        
Revenues 4,773 3,331 14,971 8,632
EXPENSES:        
Operating 3,782 3,212 10,153 7,642
General and administrative 78 88 212 400
Total Expenses 3,860 3,300 10,365 8,042
(Loss) income from unconsolidated entities (405) (422) (929) 216
Total segment net operating income 508 (391) 3,677 806
Operating Segments | Lending        
Segment Reporting Information [Line Items]        
Revenues 2,724 2,570 7,928 8,243
EXPENSES:        
Interest expense 786 1,177 2,586 2,737
Expense reimbursements to related parties—lending segment 672 648 1,908 2,166
General and administrative 578 379 1,214 1,092
Total Expenses 2,036 2,204 5,708 5,995
Total segment net operating income $ 688 $ 366 $ 2,220 $ 2,248