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BASIS OF PRESENTATION (Tables)
3 Months Ended
Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Preferred Stock Terms of the Series C, Series D, and Series E Preferred Shares outstanding at March 31, 2023 and December 31, 2022 are summarized as follows:
    Dividend Per Share 
Shares Outstanding  Three Months Ended March 31,
SeriesMarch 31, 2023December 31, 2022Aggregate Liquidation PreferenceDistribution Rate20232022
Series C3,000,000 3,000,000 $75,000 6.875 %$0.4297 $0.4297 
Series D7,701,700 7,701,700 $192,500 6.500 %$0.4063 $0.4063 
Series E4,001,514 4,001,514 $100,000 6.500 %$0.4063 $0.4063 
Total14,703,214 14,703,214     
Schedule of Revision of Prior Period Financial Statements As a result, the Company has corrected the immaterial misstatements as disclosed in the following tables for all impacted financial statement line items in prior periods.
For the Three Months Ended
March 31, 2022
As Previously ReportedAdjustmentAs Revised
Consolidated Statement of Operations:
Interest Expense$(14,237)$367 $(13,870)
Loss Before Results from Unconsolidated Joint Venture Investments and Income Taxes(16,009)367 (15,642)
Loss Before Income taxes(16,945)367 (16,578)
Net Loss(16,966)367 (16,599)
Loss Allocated to Noncontrolling Interests - Common Units2,724 (43)2,681 
Net Loss Applicable to Common Shareholders(22,559)324 (22,235)
Net Loss Per Share:
Basic - Loss from Continuing Operations Applicable to Common Shareholders$(0.58)$0.01 $(0.57)
Diluted - Loss from Continuing Operations Applicable to Common Shareholders$(0.58)$0.01 $(0.57)
Consolidated Statement of Comprehensive Income (Loss):
Net Loss$(16,966)$367 $(16,599)
Reclassification Adjustment for Change in Fair Value of Derivative Instruments Included in Net Loss— (367)(367)
Total Other Comprehensive Income15,489 (367)15,122 
Consolidated Statement of Cash Flows:
Operating Activities:
Net Loss(16,966)367 (16,599)
Loss (Gain) Recognized on Change in Fair Value of Derivative Instrument— (367)(367)