CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities:
Net loss	$ (3,136)	$ (4,062)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	6,435	8,008
Amortization of deferred financing costs	271	252
Amortization of debt fair value adjustment	143	157
Amortization of restricted stock and restricted stock units	1,342	1,410
Equity in earnings of unconsolidated joint ventures	(228)	(815)
Increases and decreases from changes in other assets and liabilities:
Increase in other assets	(2,097)	(2,201)
Decrease in accounts payable and accrued liabilities	(2,077)	(2,538)
Net cash provided by operating activities	653	211
Cash flows from investing activities:
Improvements to real estate properties	(1,600)	(2,158)
Distributions from unconsolidated joint ventures	1,517	2,228
Net cash (used in) provided by investing activities	(83)	70
Cash flows from financing activities:
Proceeds from mortgages payable	0	21,173
Mortgage principal payments	(947)	(813)
Repayment of credit facility	0	(19,000)
Increase in deferred financing costs	0	(683)
Dividends paid	(4,624)	(9,521)
Distributions to non-controlling interests	(60)	0
Proceeds from issuance of DRIP shares	931	763
Repurchase of shares of common stock	(2,267)	0
Net cash used in financing activities	(6,967)	(8,081)
Net increase in cash, cash equivalents, restricted cash and escrows:	(6,397)	(7,800)
Cash, cash equivalents, restricted cash and escrows at beginning of period	31,775	27,721
Cash, cash equivalents, restricted cash and escrows at ending of period	25,378	19,921
Supplemental disclosure of cash flow information:
Cash paid during the period for interest expense	5,117	5,094
Cash paid for income taxes and excise taxes	7	8
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows.
Cash and cash equivalents	21,252	15,252
Restricted cash	589	830
Escrows (Other assets)	3,537	3,839
Total cash, cash equivalents, restricted cash and escrows shown in consolidated statement of cash flows	$ 25,378	$ 19,921