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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Real estate assets at cost, net $ 394,166 $ 242,321
Cash and cash equivalents 150,263 28,124
Restricted cash 10,644 2,551
Real estate assets held for sale, net   6,802
Other assets 35,573 19,586
Total assets 590,646 299,384
LIABILITIES AND STOCKHOLDERS' EQUITY    
Mortgage loans and construction loan, net of debt issuance costs 169,818 160,655
Deferred revenue 7,985 9,586
Accounts payable and accrued liabilities 9,738 3,669
Dividends payable 1,629  
Warrant liability   8,790
Other liabilities 15,399 17,567
Total liabilities 204,569 200,267
Commitments and Contingencies (Note 11)
Stockholders' Equity    
Common stock, par value $0.01 per share, 50,000,000 authorized, 10,183,730 shares issued and outstanding, and 10,000,000 shares authorized, 5,663,040 shares issued and outstanding, respectively 102 57
Additional paid-in capital 399,754 116,732
Accumulated deficit (10,869) (9,817)
Accumulated other comprehensive loss (2,910) (7,855)
Total stockholders' equity 386,077 99,117
Total liabilities and stockholders' equity $ 590,646 $ 299,384