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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUES:    
Rental and other property income $ 14,819 $ 33,581
Hotel income 7,759 9,804
Interest and other income 2,957 3,892
REVENUES 25,535 47,277
EXPENSES:    
Rental and other property operating 12,515 20,253
Asset management and other fees to related parties 4,139 5,886
Interest 3,167 4,045
General and administrative 1,734 1,788
Transaction costs 0 44
Depreciation and amortization 5,258 9,630
Loss on early extinguishment of debt (Note 7) 0 25,071
Impairment of real estate (Note 3) 0 66,200
EXPENSES 26,813 132,917
Gain on sale of real estate (Note 3) 0 377,581
(LOSS) INCOME BEFORE PROVISION FOR INCOME TAXES (1,278) 291,941
Provision for income taxes (22) 318
NET (LOSS) INCOME (1,256) 291,623
Net (income) loss attributable to noncontrolling interests (4) 174
NET (LOSS) INCOME ATTRIBUTABLE TO THE COMPANY (1,260) 291,797
Redeemable preferred stock dividends declared or accumulated (Note 10) (5,356) (4,162)
Redeemable preferred stock deemed dividends (Note 10) (161) 0
Redeemable preferred stock redemptions (Note 10) (10) (4)
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (6,787) $ 287,631
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS PER SHARE: (1)    
Basic (in usd per share) [1] $ (0.46) $ 19.70
Diluted (in usd per share) [1] $ (0.46) $ 18.90
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING: (1)    
Basic (in shares) [1] 14,598 14,598
Diluted (in shares) [1] 14,599 15,245
[1] All share and per share amounts have been adjusted to give retroactive effect to the one-for-three reverse stock split of our common stock effected on September 3, 2019.