Segment Information (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Schedule of selected results of operations and selected asset information

Selected consolidated results of operations for the three and nine months ended September 30, 2023 and 2022, and selected asset information as of September 30, 2023 and December 31, 2022, regarding our operating segments are as follows (in thousands):

	Real Estate Segment		Debt and Preferred Equity Segment		Total Company
Total revenues
Three months ended:
September 30, 2023	$	163,531	$	9,689	$	173,220
September 30, 2022	$	182,943	$	29,513	$	212,456
Nine months ended:
September 30, 2023	$	590,016	$	27,849	$	617,865
September 30, 2022	$	532,057	$	69,808	$	601,865
Net (loss) income
Three months ended:
September 30, 2023	$	(22,282)	$	588	$	(21,694)
September 30, 2022	$	(8,934)	$	21,145	$	12,211
Nine months ended:
September 30, 2023	$	(446,005)	$	6,726	$	(439,279)
September 30, 2022	$	(65,824)	$	53,571	$	(12,253)
Total assets
As of:
September 30, 2023	$	9,354,243	$	336,339	$	9,690,582
December 31, 2022	$	11,727,418	$	628,376	$	12,355,794