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Operating Segments (Tables)
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule of Profit by Reportable segment
The following table presents our reportable segments for the three and six months ended June 30, 2024 and 2023:
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Multifamily Segment
Revenues$7,927 $7,658 $15,980 $15,031 
Operating expenses(4,497)(4,478)(8,716)(8,186)
Profit from segment3,430 3,180 7,264 6,845 
Commercial Segment
Revenues3,261 3,731 6,487 7,367 
Operating expenses(2,127)(2,553)(4,542)(4,951)
Profit from segment1,134 1,178 1,945 2,416 
Total profit from segments$4,564 $4,358 $9,209 $9,261 
Schedule of Reconciliation of Revenue from Segments to Consolidated
The table below reflects the reconciliation of total profit from segments to net income for the three and six months ended June 30, 2024 and 2023:
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Total profit from segments$4,564 $4,358 $9,209 $9,261 
Other non-segment items of income (expense)
Depreciation and amortization(3,137)(3,200)(6,309)(6,302)
General and administrative(1,552)(3,684)(2,960)(6,845)
Advisory fee to related party(1,737)(2,183)(3,939)(4,588)
Other income585 850 1,205 1,529 
Interest income4,794 7,898 10,527 16,193 
Interest expense(1,913)(2,480)(3,835)(5,620)
Gain on foreign currency transaction— 22 — 993 
Loss on early extinguishment of debt— (1,710)— (1,710)
Income from unconsolidated joint ventures501 293 984 2,712 
Gain on sale or write-down of assets, net— 188 — 188 
Income tax provision(614)(49)(1,089)(1,289)
Net income$1,491 $303 $3,793 $4,522