REPORTING SEGMENTS (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($) segment	Dec. 31, 2023 USD ($) segment	Dec. 31, 2022 USD ($) segment
Segment Reporting [Abstract]
Number of reportable segments | segment	3	3	3
Income Statement
Total revenues	$ 133,525	$ 145,416	$ 162,058
Operating, maintenance, and management	(45,967)	(45,699)	(44,317)
Hotel expenses	(6,874)	(6,944)	(19,252)
Real estate taxes and insurance	(23,410)	(28,300)	(21,132)
Interest expense	(71,892)	(68,216)	(48,130)
Other segment items	(147,531)	(161,808)	(73,861)
Total expenses	(295,674)	(310,967)	(206,692)
Loss from unconsolidated entities, net	(35,397)	(54,758)	(8,019)
Other income	1,765	2,907	228
Loss on real estate equity securities, net	(12,076)	(4,598)	(51,943)
Gain on sale of real estate, net	119,018	82,099	46,513
(Loss) gain on extinguishment of debt	(6,033)	0	2,367
Gain from consolidation of previously unconsolidated entity	0	0	18,742
Total other income, net	67,277	25,650	7,888
Net loss before income taxes	(94,872)	(139,901)	(36,746)
Income tax provision	(10,000)	(6,576)	(4,924)
Net loss	(104,872)	(146,477)	(41,670)
Balance Sheets
Total assets	1,124,956	1,388,143
Strategic Opportunistic Properties
Income Statement
Interest expense	(60,157)	(55,590)	(38,665)
Other segment items	(125,647)	(144,206)	(51,952)
Total expenses	(235,400)	(251,801)	(140,162)
Balance Sheets
Total assets	$ 800,597	1,024,555
Residential Homes
Segment Reporting [Abstract]
Number of reportable segments | segment	1
Income Statement
Interest expense	$ (9,371)	(10,279)	(7,912)
Other segment items	(14,617)	(16,148)	(11,621)
Total expenses	(43,047)	(47,943)	(35,022)
Balance Sheets
Total assets	288,908	315,957
Hotel
Income Statement
Interest expense	(2,364)	(2,347)	(1,553)
Other segment items	(7,267)	(1,454)	(10,288)
Total expenses	(17,227)	(11,223)	(31,508)
Balance Sheets
Total assets	35,451	47,631
Operating Segments
Income Statement
Total revenues	133,525	145,416	162,058
Operating, maintenance, and management	(45,967)	(45,699)	(44,317)
Hotel expenses	(6,874)	(6,944)	(19,252)
Real estate taxes and insurance	(23,410)	(28,300)	(21,132)
Reportable segment total rental operating expenses	(76,251)	(80,943)	(84,701)
Total other income, net	57,274	64,473	77,357
Operating Segments | Strategic Opportunistic Properties
Income Statement
Total revenues	89,264	98,463	102,179
Operating, maintenance, and management	(35,554)	(35,769)	(35,124)
Hotel expenses	0	0	0
Real estate taxes and insurance	(14,042)	(16,236)	(14,421)
Reportable segment total rental operating expenses	(49,596)	(52,005)	(49,545)
Total other income, net	39,668	46,458	52,634
Operating Segments | Residential Homes
Income Statement
Total revenues	35,200	37,800	29,130
Operating, maintenance, and management	(10,413)	(9,930)	(9,193)
Hotel expenses	0	0	0
Real estate taxes and insurance	(8,646)	(11,586)	(6,296)
Reportable segment total rental operating expenses	(19,059)	(21,516)	(15,489)
Total other income, net	16,141	16,284	13,641
Operating Segments | Hotel
Income Statement
Total revenues	9,061	9,153	30,749
Operating, maintenance, and management	0	0	0
Hotel expenses	(6,874)	(6,944)	(19,252)
Real estate taxes and insurance	(722)	(478)	(415)
Reportable segment total rental operating expenses	(7,596)	(7,422)	(19,667)
Total other income, net	$ 1,465	$ 1,731	$ 11,082