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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Real estate assets at cost, net $ 479,561 $ 387,647
Cash and cash equivalents 25,741 150,263
Restricted cash 267 10,644
Interest rate swap assets 7,573 188
Assets of discontinued operations 9,585 7,990
Other assets 45,054 33,914
Total assets 567,781 590,646
LIABILITIES AND STOCKHOLDERS' EQUITY    
Mortgage loans and construction loan, net of debt issuance costs 80,172 169,818
Delayed draw term loan, net of debt issuance costs 58,639  
Deferred revenue 7,377 7,365
Accounts payable and accrued liabilities 11,608 9,671
Interest rate swap liabilities   3,995
Dividends payable 1,631 1,629
Liabilities of discontinued operations 859 832
Other liabilities 10,099 11,259
Total liabilities 170,385 204,569
Stockholders' Equity    
Common stock, par value $0.01 per share, 50,000,000 shares authorized, 10,192,416 and 10,183,730 shares issued and outstanding, respectively 102 102
Additional paid-in capital 400,963 399,754
Accumulated deficit (11,554) (10,869)
Accumulated other comprehensive income (loss) 7,885 (2,910)
Total stockholders' equity 397,396 386,077
Total liabilities and stockholders' equity $ 567,781 $ 590,646