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Operating Segments (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Profit by Reportable Segment
The following table presents our profit by reportable segment:
 For the Years Ended December 31,
 202420232022
Residential Segment
Revenue$34,103 $34,962 $19,601 
Operating expenses(18,252)(17,749)(9,524)
Profit from segment15,851 17,213 10,077 
Commercial Segment
Revenue12,967 14,943 17,059 
Operating expenses(8,811)(10,147)(8,815)
Profit from segment4,156 4,796 8,244 
Total profit from segments$20,007 $22,009 $18,321 
Schedule of Reconciliation of Profit by Reportable Segment to Net Income (Loss)
The following table reconciles our profit by reportable segment to net income (loss):

 For the Years Ended December 31,
 202420232022
Profit from reportable segments$20,007 $22,009 $18,321 
Other non-segment items of income (expense)
Depreciation and amortization(12,276)(13,646)(9,686)
General and administrative(6,395)(10,011)(10,033)
Advisory fee to related party(8,225)(10,187)(8,753)
Other income248 595 884 
Interest income19,973 26,847 26,559 
Interest expense(7,838)(9,502)(17,529)
Gain on foreign currency transactions— 993 20,067 
Loss on early extinguishment of debt— (1,710)(2,805)
Equity in income from unconsolidated joint ventures1,449 3,242 469,268 
(Loss) gain on real estate transactions(23,989)(1,923)87,132 
Income tax provision3,607 (1,456)(98,108)
Net (loss) income$(13,439)$5,251 $475,317 
Schedule of Reconciliation of Segment Information to the Corresponding Amounts in the Consolidated Balance Sheets
The table below reconciles the segment information to the corresponding amounts in the consolidated balance sheets:
 December 31,
 20242023
Segment assets$523,792 $462,419 
Real estate59,197 69,139 
Investments in unconsolidated joint ventures10,246 10,060 
Notes receivable138,349 144,142 
Receivable from related parties97,544 96,533 
Cash, short-term investments and other non-segment assets203,674 241,191 
Total assets$1,032,802 $1,023,484