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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Rental revenues (including $256 and $242 for three months ended March 31, 2022 and 2021, respectively, from related parties) $ 7,481 $ 10,361
Other income 306 1,467
Total revenue 7,787 11,828
Property operating expenses (including $117 and $382 for three months ended March 31, 2022 and 2021, respectively, from related parties) 4,028 5,832
Depreciation and amortization 2,349 3,327
General and administrative (including $1,390 and $1,670 for three months ended March 31, 2022 and 2021, respectively, from related parties) 2,720 3,235
Advisory fee to related party 3,185 2,436
Total operating expenses 12,282 14,830
Net operating loss (4,495) (3,002)
Interest income (including $4,930 and $4,769 for the three months ended March 31, 2022 and 2021, respectively, from related parties) 6,782 5,644
Interest expense (including $1,505 and $1,395 for the three months ended March 31, 2022 and 2021, respectively, from related parties) (6,167) (7,738)
Gain on foreign currency transactions 3,772 7,617
Loss on extinguishment of debt (1,639) 0
Equity in income from unconsolidated joint ventures 5,194 3,336
Gain on sale or write-down of assets, net 11,148 17,398
Income tax provision (28) (40)
Net income 14,567 23,215
Net income attributable to noncontrolling interests (3,253) (5,147)
Net income attributable to common shares $ 11,314 $ 18,068
Earnings per share - basic    
Basic (in dollars per share) $ 0.70 $ 1.12
Diluted (in dollars per share) $ 0.70 $ 1.12
Weighted average common shares used in computing earnings per share    
Basic (in shares) 16,152,043 16,152,043
Diluted (in shares) 16,152,043 16,152,043