CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash Flow From Operating Activities:
Net (loss) income	$ (13,439)	$ 5,251	$ 475,317
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:
Loss (gain) on sale, remeasurement or write down of assets	23,989	1,923	(87,132)
Gain on foreign currency transactions	0	(993)	(20,067)
Loss on early debt extinguishment	0	1,710	2,805
Depreciation and amortization	12,533	14,571	13,111
Provision (recovery) for doubtful accounts	166	1,593	(3,284)
Equity in income from unconsolidated joint ventures	(1,449)	(3,242)	(469,268)
Distribution of income from unconsolidated joint ventures	1,263	0	5,200
Changes in assets and liabilities, net of acquisitions and dispositions:
Other assets	(6,872)	(10,273)	7,782
Related party receivables	(1,011)	(11,081)	(7,585)
Accrued interest payable	605	(1,719)	(1,318)
Accounts payable and other liabilities	(14,696)	(28,794)	39,053
Net cash provided by (used in) operating activities	1,089	(31,054)	(45,386)
Cash Flow From Investing Activities:
Collection of notes receivable	5,792	1,967	3,027
Originations and advances on notes receivable	0	(6,500)	(2,305)
Purchase of short-term investments	(59,097)	(91,007)	(277,641)
Redemption of short-terms investments	69,745	120,346	175,250
Development and renovation of real estate	(57,933)	(18,462)	(18,686)
Deferred leasing costs	(1,189)	(1,128)	(1,163)
Proceeds from sale of assets	1,342	188	44,591
Distributions from unconsolidated joint ventures	0	21,409	384,284
Net cash (used in) provided by investing activities	(41,340)	26,813	307,357
Cash Flow From Financing Activities:
Proceeds from mortgages and other notes payable	15,112	0	0
Payments on mortgages, other notes and bonds payable	(12,452)	(137,657)	(111,022)
Repurchase IOR shares	(802)	(908)	0
Debt extinguishment costs	0	(435)	(1,355)
Deferred financing costs	(199)	(20)	0
Net cash provided by (used in) financing activities	1,659	(139,020)	(112,377)
Net (decrease) increase in cash and cash equivalents	(38,592)	(143,261)	149,594
Cash and cash equivalents, beginning of year	79,067	222,328	72,734
Cash and cash equivalents, end of year	$ 40,475	$ 79,067	$ 222,328