Consolidated Statements of Operations - USD ($) shares in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
REVENUES:
Rental and other property income	$ 33,581,000	$ 35,144,000
Hotel income	9,804,000	9,689,000
Interest and other income	3,892,000	3,461,000
REVENUES	47,277,000	48,294,000
EXPENSES:
Rental and other property operating	20,253,000	17,916,000
Asset management and other fees to related parties	5,886,000	6,211,000
Interest	4,045,000	6,633,000
General and administrative	1,788,000	3,376,000
Transaction costs	44,000	0
Depreciation and amortization	9,630,000	13,148,000
Loss on early extinguishment of debt (Note 7)	25,071,000	0
Impairment of real estate (Note 3)	66,200,000	0
EXPENSES	132,917,000	47,284,000
Gain on sale of real estate (Note 3)	377,581,000	0
INCOME BEFORE PROVISION FOR INCOME TAXES	291,941,000	1,010,000
Provision for income taxes	318,000	388,000
NET INCOME	291,623,000	622,000
Net loss (income) attributable to noncontrolling interests	174,000	(4,000)
NET INCOME ATTRIBUTABLE TO THE COMPANY	291,797,000	618,000
Redeemable preferred stock dividends declared or accumulated (Note 10)	(4,162,000)	(3,645,000)
Redeemable preferred stock redemptions (Note 10)	(4,000)
Redeemable preferred stock redemptions (Note 10)		1,000
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ 287,631,000	$ (3,026,000)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS PER SHARE:
Basic (in usd per share)	$ 6.57	$ (0.07)
Diluted (in usd per share)	$ 6.30	$ (0.07)
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:
Basic (in shares)	43,795	43,785
Diluted (in shares)	45,736	43,785