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RESTATEMENT OF PREVIOUSLY ISSUED CONSOLIDATED FINANCIAL STATEMENTS - Cash Flow (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2019
Jun. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:                                
Net income   $ 4,071 $ (4,273) $ (4,213) $ 8,099 $ (3,077) $ (4,651) $ 25,254 $ (8,486) $ 20,603 $ (4,415) $ 17,526 $ 1,693 $ 25,625 [1]    
Adjustments to reconcile net income to net cash provided by operating activities:                                
Depreciation       1,547       1,074 2,975 2,150 4,348 3,519 5,916 4,927 [1]    
Amortization of deferred financing fees       73       59 157 114 228 184 311 192 [1]    
Amortization of restricted stock       365       298 738 658 1,110 673 1,492 995 [1]    
Equity in loss of unconsolidated joint ventures $ 2,150 2,390 2,218 2,068 1,148 1,627 2,566 (253) 4,286 2,313 6,676 3,940 8,826 5,088 [1]    
Equity in earnings on sale of real estate of unconsolidated ventures               (26,402)   (26,402)   (26,402)     $ (9,932) $ (37,869) [1]
Gain on sale of real estate               (437)   (437) (9,938) (861) (10,618) (861) [1]    
Gain on insurance recovery                           0    
Loss on extinguishment of debt 0 1,387 0 0 0 0 0 0   0 1,387 0 1,387 0 [1]    
Increases and decreases from changes in other assets and liabilities:                                
Decrease (increase) in deposits and escrows       690       5,553 305 4,992 422 4,252 1,975 5,176 [1]    
Increase in accounts payable and accrued liabilities       1,704       59 4,772 367 5,834 321 3,766 1,002 [1]    
Decrease (increase) in other assets       (1,918)       (100) (2,709) (212) (2,588) (431) (3,610) (303) [1]    
Net cash provided by operating activities       316       20,285 2,038 19,326 3,064 17,897 8,648 27,002 [1]    
Cash flows from investing activities:                                
Collections from real estate loans       150       150 300 300 450 450 600 600 [1]    
Additions to real estate properties       0       0 0 0 0 0   0    
Net costs capitalized to real estate owned       (390)       (75) (861) (165) (1,169) (278) (1,580) (530) [1]    
Investment in joint venture       0         0 0   0    
Purchase of partner interests                       (4,667) (1,316) (7,923) [1]    
Purchase of non-controlling interest               (250)   (250)   (250) 0 (251) [1]    
Consolidation of investment in limited partnership       0       0 0 0 0 0   0    
Proceeds from the sale of real estate owned               437   437 32,801 861 33,588 861 [1]    
Distributions from unconsolidated joint ventures       4,101       27,948 8,523 31,331 12,034 34,355 20,713 52,363 [1]    
Contributions to unconsolidated joint ventures       (12,287)       (32,810) (24,348) (47,010) (29,069) (47,010)   (59,930) [1] (29,069)  
Net cash (used in) provided by investing activities       (8,426)       (4,600) (16,386) (15,357) 15,047 (16,539) 22,936 (14,810) [1]    
Cash flows from financing activities:                                
Proceeds from mortgages payable       0       0 0 0 0 0   0    
Mortgage payoffs       0       0 0 0 (20,635) 0 (20,635) 0 [1]    
Mortgage principal payments       (775)       (533) (1,528) (1,051) (2,189) (1,666) (2,912) (2,351) [1]    
Increase in deferred financing costs       0       0 (83) 0 (83) 0 (84) 0 [1]    
Dividends paid       (3,181)       (2,856) (6,361) (5,788) (9,871) (8,939) (13,468) (12,088) [1]    
Contributions from non-controlling interests       0       0 0 0 0 0   0    
Distributions to non-controlling interests       (46)       (2) (86) (13) (1,220) (75) (1,257) (107) [1]    
Proceeds from the sale of common stock               1,401   11,926 774 20,411 7,517 20,412 [1]    
Repurchase of shares of common stock                 (46)   (46) (41) (46) (162) [1]    
Net cash provided by (used in) financing activities       (4,002)       (1,990) 896 5,074 (29,670) 9,690 (30,885) 5,704 [1]    
Net increase in cash, cash equivalents and restricted cash       (12,112)       13,695 (13,452) 9,043 (11,559) 11,048 699 17,896 [1]    
Cash, cash equivalents and restricted cash at beginning of year 20,160 18,267 19,607 31,719 [1] 24,871 22,866 27,518 13,823 [1] 31,719 [1] 13,823 [1] 31,719 [1] 13,823 [1] 31,719 [1] 13,823 [1]    
Cash, cash equivalents and restricted cash at end of year 32,418 20,160 18,267 19,607 31,719 [1] 24,871 22,866 27,518 18,267 22,866 20,160 24,871 32,418 31,719 [1] 24,871  
Supplemental disclosures of cash flow information:                                
Cash paid during the year for interest expense       1,863       1,352 3,789 2,706 5,616 4,310 7,511 6,185 [1]    
Cash paid during the year for income and excise taxes       10       14 44 114 44 216 324 255 [1]    
Distributions from equity in earnings of unconsolidated joint ventures                         7,442 23,030 [1]    
As Previously Reported                                
Cash flows from operating activities:                                
Net income   3,345 (5,250) (5,083) 15,310 (4,138) (5,971) 49,908 (10,333) 43,937 (6,988) 39,799   55,109    
Adjustments to reconcile net income to net cash provided by operating activities:                                
Depreciation       9,617       9,240 19,964 19,440 29,914 29,856   40,048    
Amortization of deferred financing fees       379       378 937 766 1,345 1,068   1,246    
Amortization of restricted stock       365       298 738 658 1,110 673   996    
Equity in loss of unconsolidated joint ventures   259 161 223 125 174 127 63 384 190 643 364   488    
Equity in earnings on sale of real estate of unconsolidated ventures               0   0   0       0
Gain on sale of real estate               (51,981)   (51,981) (9,938) (52,405)   (71,919)    
Gain on insurance recovery                           (6,083)    
Loss on extinguishment of debt   1,766     207     593   593 1,766 593   800    
Increases and decreases from changes in other assets and liabilities:                                
Decrease (increase) in deposits and escrows       7,062       3,536 4,861 3,926 2,048 2,732   5,922    
Increase in accounts payable and accrued liabilities       (2,314)       (3,499) 1,604 2,007 5,107 6,823   3,861    
Decrease (increase) in other assets       (1,757)       6,300 (2,358) 5,138 (1,967) 5,219   7,431    
Net cash provided by operating activities       8,492       11,609 15,280 21,447 22,523 30,223   37,899    
Cash flows from investing activities:                                
Collections from real estate loans       150       150 300 300 450 450   600    
Additions to real estate properties       (6,903)       (88,991) (56,840) (140,433) (78,196) (151,030)   (199,786)    
Net costs capitalized to real estate owned       (2,177)       (3,637) (4,755) (10,019) (7,313) (15,159)   (18,252)    
Investment in joint venture       (11,231)         (11,231) (12,370) (11,231) (12,370)   (12,370)    
Purchase of partner interests                       0   0    
Purchase of non-controlling interest               (250)   (250)   (5,172)   (8,616)    
Consolidation of investment in limited partnership       (1,458)       (1,279) (1,458) (1,279) (1,458) (1,279)   (1,279)    
Proceeds from the sale of real estate owned               146,901   146,901 32,807 147,325   239,212    
Distributions from unconsolidated joint ventures       484       207 898 381 1,096 673   868    
Contributions to unconsolidated joint ventures       0       (12,370) 0 0 0 0   0    
Net cash (used in) provided by investing activities       (18,219)       43,289 (70,170) (14,211) (60,929) (34,004)   2,935    
Cash flows from financing activities:                                
Proceeds from mortgages payable       13,880       54,475 82,325 82,524 128,193 92,502   129,542    
Mortgage payoffs       (9,200)       (75,437) (38,200) (75,436) (86,214) (75,436)   (132,016)    
Mortgage principal payments       (1,304)       (1,197) (2,721) (2,424) (4,051) (3,802)   (5,169)    
Increase in deferred financing costs       (120)       (437) (1,098) (943) (1,742) (940)   (1,182)    
Dividends paid       (3,181)       (2,856) (6,361) (5,788) (9,871) (8,939)   (12,088)    
Contributions from non-controlling interests       264       18,088 3,291 28,018 4,528 28,018   29,453    
Distributions to non-controlling interests       (2,345)       (32,020) (4,610) (34,183) (8,118) (35,707)   (50,777)    
Proceeds from the sale of common stock               1,401   11,926 774 20,411   20,411    
Repurchase of shares of common stock                 (46)   (46) (41)   (161)    
Net cash provided by (used in) financing activities       (2,006)       (37,983) 41,580 3,694 27,053 16,066   (21,987)    
Net increase in cash, cash equivalents and restricted cash       (11,733)       16,915 (13,310) 10,930 (11,353) 12,285   18,847    
Cash, cash equivalents and restricted cash at beginning of year 29,255 27,298 28,875 40,608 34,046 32,691 38,676 21,761 40,608 21,761 40,608 21,761 40,608 21,761    
Cash, cash equivalents and restricted cash at end of year   29,255 27,298 28,875 40,608 34,046 32,691 38,676 27,298 32,691 29,255 34,046   40,608 34,046  
Supplemental disclosures of cash flow information:                                
Cash paid during the year for interest expense       8,769       8,254 18,218 15,859 26,991 25,284   34,521    
Cash paid during the year for income and excise taxes       10       14 44 114 44 216   255    
Distributions from equity in earnings of unconsolidated joint ventures                           0    
Restatement Impact                                
Cash flows from operating activities:                                
Net income   726 977 870 (7,211) 1,061 1,320 (24,654) 1,847 (23,334) 2,573 (22,273)   (29,484)    
Adjustments to reconcile net income to net cash provided by operating activities:                                
Depreciation       (8,070)       (8,166) (16,989) (17,290) (25,566) (26,337)   (35,121)    
Amortization of deferred financing fees       (306)       (319) (780) (652) (1,117) (884)   (1,054)    
Amortization of restricted stock       0       0 0 0 0 0   (1)    
Equity in loss of unconsolidated joint ventures   2,131 2,057 1,845 1,023 1,453 2,439 (316) 3,902 2,123 6,033 3,576   4,600    
Equity in earnings on sale of real estate of unconsolidated ventures               (26,402)   (26,402)   (26,402)       $ (37,869)
Gain on sale of real estate               51,544   51,544 0 51,544   71,058    
Gain on insurance recovery                           6,083    
Loss on extinguishment of debt   (379)     (207)     (593)   (593) (379) (593)   (800)    
Increases and decreases from changes in other assets and liabilities:                                
Decrease (increase) in deposits and escrows       (6,372)       2,017 (4,556) 1,066 (1,626) 1,520   (746)    
Increase in accounts payable and accrued liabilities       4,018       3,558 3,168 (1,640) 727 (6,502)   (2,859)    
Decrease (increase) in other assets       (161)       (6,400) (351) (5,350) (621) (5,650)   (7,734)    
Net cash provided by operating activities       (8,176)       8,676 (13,242) (2,121) (19,459) (12,326)   (10,897)    
Cash flows from investing activities:                                
Collections from real estate loans       0       0 0 0 0 0   0    
Additions to real estate properties       6,903       88,991 56,840 140,433 78,196 151,030   199,786    
Net costs capitalized to real estate owned       1,787       3,562 3,894 9,854 6,144 14,881   17,722    
Investment in joint venture       11,231         11,231 12,370 11,231 12,370   12,370    
Purchase of partner interests                       (4,667)   (7,923)    
Purchase of non-controlling interest               0   0   4,922   8,365    
Consolidation of investment in limited partnership       1,458       1,279 1,458 1,279 1,458 1,279   1,279    
Proceeds from the sale of real estate owned               (146,464)   (146,464) (6) (146,464)   (238,351)    
Distributions from unconsolidated joint ventures       3,617       27,741 7,625 30,950 10,938 33,682   51,495    
Contributions to unconsolidated joint ventures       (12,287)       (20,440) (24,348) (47,010) (29,069) (47,010)   (59,930)    
Net cash (used in) provided by investing activities       9,793       (47,889) 53,784 (1,146) 75,976 17,465   (17,745)    
Cash flows from financing activities:                                
Proceeds from mortgages payable       (13,880)       (54,475) (82,325) (82,524) (128,193) (92,502)   (129,542)    
Mortgage payoffs       9,200       75,437 38,200 75,436 65,579 75,436   132,016    
Mortgage principal payments       529       664 1,193 1,373 1,862 2,136   2,818    
Increase in deferred financing costs       120       437 1,015 943 1,659 940   1,182    
Dividends paid       0       0 0 0 0 0   0    
Contributions from non-controlling interests       (264)       (18,088) (3,291) (28,018) (4,528) (28,018)   (29,453)    
Distributions to non-controlling interests       2,299       32,018 4,524 34,170 6,898 35,632   50,670    
Proceeds from the sale of common stock               0   0 0 0   1    
Repurchase of shares of common stock                 0   0 0   (1)    
Net cash provided by (used in) financing activities       (1,996)       35,993 (40,684) 1,380 (56,723) (6,376)   27,691    
Net increase in cash, cash equivalents and restricted cash       (379)       (3,220) (142) (1,887) (206) (1,237)   (951)    
Cash, cash equivalents and restricted cash at beginning of year $ (9,095) (9,031) (9,268) (8,889) (9,175) (9,825) (11,158) (7,938) (8,889) (7,938) (8,889) (7,938) $ (8,889) (7,938)    
Cash, cash equivalents and restricted cash at end of year   $ (9,095) $ (9,031) (9,268) $ (8,889) $ (9,175) $ (9,825) (11,158) (9,031) (9,825) (9,095) (9,175)   (8,889) $ (9,175)  
Supplemental disclosures of cash flow information:                                
Cash paid during the year for interest expense       (6,906)       (6,902) (14,429) (13,153) (21,375) (20,974)   (28,336)    
Cash paid during the year for income and excise taxes       $ 0       $ 0 $ 0 $ 0 $ 0 $ 0   0    
Distributions from equity in earnings of unconsolidated joint ventures                           $ 23,030    
[1] * Amounts restated See footnotes 2 and 16 for more information.