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Statements of Cash Flows Statement - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities:    
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest $ (7,844,000) $ (2,709,000)
Reconciliation of net loss to net cash provided by (used in) operating activities:    
Depreciation expense 38,161,000 45,827,000
Amortization of above and below Market Leases (1,369,000) (1,399,000)
Deferred fee income amortization (1,449,000) (1,195,000)
amortization of purchase option termination fee income 0 (1,229,000)
Deferred Sales Inducement Cost, Amortization Expense 1,628,000 1,229,000
Deferred loan cost amortization 1,566,000 1,609,000
deferred interest income (1,531,000) (2,822,000)
Receipt of accrued interest income on real estate loans 0 3,109,000
Gain (Loss) on Disposition of Assets 0 (798,000)
Gains (Losses) on Sales of Investment Real Estate (22,000) 0
Gain (Loss) From Unconsolidated Joint Ventures 108,000 194,000
cash inflows purchase option terminations 0 1,479,000
Loss on extinguishment of debt 363,000 0
Provision for Loan and Lease Losses 572,000 522,000
Changes in operating assets and liabilities:    
(Increase) in tenant accounts receivable (3,445,000) 4,766,000
Increase (Decrease) in Accounts Payable and Accrued Liabilities (429,000) (2,787,000)
Increase in accounts payable and accrued expenses 1,874,000 2,589,000
Net cash provided by (used in) operating activities 28,227,000 48,385,000
Investing activities:    
Investments in real estate loans (13,605,000) (18,840,000)
Proceeds from Principal Repayments on Loans and Leases Held-for-investment 0 17,925,000
Deferred real estate loan income 0 79,000
Acquisition of properties, net (90,203,000) (289,000)
Payments to Acquire Property, Plant, and Equipment (260,000)  
Disposition of properties and proceeds from land sales, net   (4,798,000)
Proceeds from Divestiture of Interest in Joint Venture (2,718,000) 0
Payments to Acquire Investments (4,875,000) (10,263,000)
Net cash (used in) investing activities (111,661,000) (6,590,000)
Financing activities:    
Proceeds from mortgage notes payable 106,310,000 2,152,000
Extinguishment of Debt, Amount (61,745,000) (10,340,000)
Payments for mortgage loan costs (589,000) (285,000)
Payments of Debt Issuance Costs (324,000) 0
Proceeds from non-revolving lines of credit 185,000,000 105,000,000
Payments on revolving lines of credit (185,000,000) (87,000,000)
Proceeds from sales of Units, net of offering costs 2,800,000 34,109,000
Proceeds from Issuance of Common Stock (19,162,000) (40,018,000)
Proceeds from Warrant Exercises 179,213,000 0
Dividends declared and paid (9,382,000) (8,829,000)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock (27,118,000) (33,840,000)
Payments for deferred offering costs, net of non cash items (1,143,000) (1,030,000)
Proceeds from Noncontrolling Interests 2,625,000  
Payments of Ordinary Dividends, Noncontrolling Interest (236,000) (56,000)
Net Cash Provided by (Used in) Financing Activities 171,249,000 (40,137,000)
Net increase in cash, cash equivalents and restricted cash 87,815,000 1,658,000
Cash beginning of period 62,880,000 75,716,000
Cash end of period 150,695,000 77,374,000
Supplemental cash flow information:    
Cash paid for interest 21,660,000 25,231,000
Supplemental disclosure of non-cash investing and financing activities:    
Accrued capital expenditures 4,349,000 3,756,000
Dividends, Common Stock 11,379,000 9,087,000
Dividends, Preferred Stock 10,130,000 11,323,000
Reclass of offering costs from deferred asset to equity 2,506,000 647,000
Share-based Compensation $ 5,052,000 $ 6,168,000