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REPORTING SEGMENTS - Schedule of Reporting Segments (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
USD ($)
segment
Sep. 30, 2024
USD ($)
segment
Sep. 30, 2025
USD ($)
segment
Sep. 30, 2024
USD ($)
segment
Segment Reporting [Abstract]        
Number of reportable segments | segment 3 3 3 3
Income Statement [Abstract]        
Total revenues $ 28,494 $ 32,437 $ 92,068 $ 101,247
Operating, maintenance and management (11,277) (11,791) (34,888) (33,877)
Hotel expenses (1,245) (1,363) (4,619) (5,016)
Real estate taxes and insurance (4,564) (5,618) (15,466) (18,649)
Interest expense, net (19,815) (20,585) (53,109) (55,366)
Impairment charges on real estate and related intangibles (76,797) (15,800) (128,776) (76,090)
Impairment charges on goodwill (949) 0 (949) 0
Other segment items (18,213) (21,047) (74,024) (46,664)
Total expenses (132,860) (76,204) (311,831) (235,662)
Loss from unconsolidated entities (8,558) (9,801) (22,824) (26,531)
Other income 252 379 1,268 1,117
Gain (loss) on real estate equity securities 642 8,726 1,604 (7,905)
Gain (loss) on sale of real estate (7,636) (1,243) (6,392) (624)
Loss on extinguishment of debt, net (1,045) 0 (1,045) 0
Net loss before income taxes (120,711) (45,706) (247,152) (168,358)
Income tax benefit (830) 0 0 0
Net loss (119,881) (45,706) (247,152) (168,358)
Strategic Opportunistic Properties        
Income Statement [Abstract]        
Interest expense, net (17,024) (17,629) (44,525) (46,529)
Impairment charges on real estate and related intangibles (70,538) (12,854) (119,415) (69,690)
Impairment charges on goodwill (949)   (949)  
Other segment items (15,408) (17,749) (65,738) (34,122)
Total expenses (115,684) (61,158) (265,954) (188,649)
Residential Homes        
Income Statement [Abstract]        
Interest expense, net (2,106) (2,344) (6,834) (7,052)
Impairment charges on real estate and related intangibles 0 0 0 0
Impairment charges on goodwill 0   0  
Other segment items (2,503) (3,690) (7,237) (11,283)
Total expenses (8,685) (10,517) (29,098) (32,553)
Hotel        
Income Statement [Abstract]        
Interest expense, net (685) (612) (1,750) (1,785)
Impairment charges on real estate and related intangibles (6,259) (2,946) (9,361) (6,400)
Impairment charges on goodwill 0   0  
Other segment items (302) 392 (1,049) (1,259)
Total expenses (8,491) (4,529) (16,779) (14,460)
Operating Segments        
Income Statement [Abstract]        
Total revenues 28,494 32,437 92,068 101,247
Operating, maintenance and management (11,277) (11,791) (34,888) (33,877)
Hotel expenses (1,245) (1,363) (4,619) (5,016)
Real estate taxes and insurance (4,564) (5,618) (15,466) (18,649)
Reportable segment total rental operating expenses (17,086) (18,772) (54,973) (57,542)
Reportable segment net operating income (loss) 11,408 13,665 37,095 43,705
Operating Segments | Strategic Opportunistic Properties        
Income Statement [Abstract]        
Total revenues 17,839 22,306 58,930 68,359
Operating, maintenance and management (8,438) (9,362) (25,493) (26,867)
Hotel expenses 0 0 0 0
Real estate taxes and insurance (3,327) (3,564) (9,834) (11,441)
Reportable segment total rental operating expenses (11,765) (12,926) (35,327) (38,308)
Reportable segment net operating income (loss) 6,074 9,380 23,603 30,051
Operating Segments | Residential Homes        
Income Statement [Abstract]        
Total revenues 9,655 8,945 27,516 26,663
Operating, maintenance and management (2,839) (2,429) (9,395) (7,010)
Hotel expenses 0 0 0 0
Real estate taxes and insurance (1,237) (2,054) (5,632) (7,208)
Reportable segment total rental operating expenses (4,076) (4,483) (15,027) (14,218)
Reportable segment net operating income (loss) 5,579 4,462 12,489 12,445
Operating Segments | Hotel        
Income Statement [Abstract]        
Total revenues 1,000 1,186 5,622 6,225
Operating, maintenance and management 0 0 0 0
Hotel expenses (1,245) (1,363) (4,619) (5,016)
Real estate taxes and insurance 0 0 0 0
Reportable segment total rental operating expenses (1,245) (1,363) (4,619) (5,016)
Reportable segment net operating income (loss) $ (245) $ (177) $ 1,003 $ 1,209