Consolidated Statement of Operations and Comprehensive Loss $ in Thousands	12 Months Ended
	Dec. 31, 2016 USD ($) $ / shares shares
Revenues:
Total revenue	$ 160,274
Operating expenses:
Property operating	43,561
Transaction related	19,708
Impairment loss on real estate investment	27,911
General and administrative	12,799
Depreciation and amortization	68,952
Total operating expenses	213,029
Operating loss	(52,755)
Other income (expenses):
Interest expense	(40,193)
Income from unconsolidated joint venture	2,724
Income from preferred equity investment	26
Gain on sale of real estate investments, net	6,630
Loss on derivative instruments	(331)
Total other expenses	(31,144)
Net loss	(83,899)
Net loss attributable to non-controlling interests	1,373
Net loss attributable to stockholders	(82,526)
Other comprehensive income (loss):
Unrealized gain (loss) on derivatives	524
Unrealized gain (loss) on investment securities	0
Total other comprehensive income (loss)	524
Comprehensive loss attributable to stockholders	$ (82,002)
Basic and diluted weighted average common shares outstanding | shares	16,494,946
Basic and diluted net loss per share attributable to stockholders | $ / shares	$ (5.00)
Dividends declared per common share | $ / shares	$ 3.80
Rental Income [Member]
Revenues:
Total revenue	$ 119,666
Hotel Revenue [Member]
Revenues:
Total revenue	26,542
Operating Expense Reimbursement and Other Revenue [Member]
Revenues:
Total revenue	14,066
Hotel [Member]
Operating expenses:
Cost of goods and services	26,753
Asset Management Fees [Member]
Operating expenses:
Cost of goods and services	$ 13,345