UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash flows from operating activities:
Net loss	$ (3,964)	$ (5,013)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation and option amortization	137	117
Amortization of deferred financing costs	97	40
Depreciation and amortization expense	793	271
Accretion of mortgage income	0	(55)
Accretion of discount on note payable	0	259
Non-cash interest expense funded by loan draw	0	325
Unrealized loss on derivatives	0	167
Changes in operating assets and liabilities, net of business combination:
Accrued interest receivable	0	(233)
Other receivables	409	(51)
Other assets	1,013	(1,332)
Accrued property taxes	134	(32)
Accounts payable and accrued expenses	(2,360)	(289)
Customer deposits and funds held for others	(77)	1,239
Accrued interest	95	(294)
Total adjustments, net	241	132
Net cash used in operating activities	(3,723)	(4,881)
Cash flows from investing activities:
Proceeds from sale of real estate owned and operating properties	18,339	0
Investment in unconsolidated entities	(147)	0
Investment in real estate owned and other operating properties	(715)	(4,667)
Net cash provided by (used in) investing activities	17,477	(4,667)
Cash flows from financing activities:
Proceeds from notes payable	1,365	7,459
Repayments of notes payable	(11,000)	0
Dividends paid	(1,893)	(655)
Purchase of treasury stock	0	(1,000)
Contribution of Hotel Fund capital costs	0	(12)
Contributions from Hotel Fund investors	0	3,520
Distributions to Hotel Fund investors	(394)	(266)
Net cash provided by (used in) financing activities	(11,922)	9,046
Net increase (decrease) in cash, cash equivalents, and restricted cash	1,832	(502)
Cash, cash equivalents, and restricted cash, beginning of period	10,489	25,650
Cash, cash equivalents, and restricted cash, end of period	12,321	25,148
Supplemental cash flow information:
Cash paid for interest	568	551
Cash paid for taxes	0	0
Non-cash investing and financing transactions:
Capital expenditures in accounts payable and accrued expenses	569	2,109
Dividends payable	$ 2,324	$ 2,406