Consolidated Statements of Operations - USD ($) shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
REVENUES:
Rental and other property income	$ 22,419,000	$ 37,825,000	$ 56,000,000	$ 72,969,000
Hotel income	9,549,000	10,160,000	19,353,000	19,849,000
Interest and other income	4,888,000	3,559,000	8,780,000	7,020,000
REVENUES	36,856,000	51,544,000	84,133,000	99,838,000
EXPENSES:
Rental and other property operating	15,658,000	20,765,000	35,911,000	38,681,000
Asset management and other fees to related parties	4,288,000	6,143,000	10,174,000	12,354,000
Interest	2,550,000	6,811,000	6,595,000	13,444,000
General and administrative	1,621,000	1,915,000	3,409,000	5,291,000
Transaction costs	216,000	344,000	260,000	344,000
Depreciation and amortization	7,185,000	13,325,000	16,815,000	26,473,000
Loss on early extinguishment of debt (Note 7)	4,911,000	0	29,982,000	0
Impairment of real estate (Note 3)	2,800,000	0	69,000,000	0
EXPENSES	39,229,000	49,303,000	172,146,000	96,587,000
Gain on sale of real estate (Note 3)	55,221,000	0	432,802,000	0
INCOME BEFORE PROVISION FOR INCOME TAXES	52,848,000	2,241,000	344,789,000	3,251,000
Provision for income taxes	281,000	292,000	599,000	680,000
NET INCOME	52,567,000	1,949,000	344,190,000	2,571,000
Net (income) loss attributable to noncontrolling interests	(1,000)	(12,000)	173,000	(16,000)
NET INCOME ATTRIBUTABLE TO THE COMPANY	52,566,000	1,937,000	344,363,000	2,555,000
Redeemable preferred stock dividends declared or accumulated (Note 10)	(4,302,000)	(3,814,000)	(8,464,000)	(7,459,000)
Redeemable preferred stock redemptions (Note 10)	(4,000)		(8,000)
Redeemable preferred stock redemptions (Note 10)		1,000		2,000
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ 48,260,000	$ (1,876,000)	$ 335,891,000	$ (4,902,000)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS PER SHARE:
Basic (in usd per share)	$ 1.10	$ (0.04)	$ 7.67	$ (0.11)
Diluted (in usd per share)	$ 1.07	$ (0.04)	$ 7.36	$ (0.11)
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:
Basic (in shares)	43,791	43,791	43,793	43,788
Diluted (in shares)	45,853	43,791	45,804	43,788