SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following tables set forth the carrying value, revenue and the components of operating income of the Company's segments reconciled to total assets as of June 30, 2020 and December 31, 2019 and net income (loss) for the three and six months ended June 30, 2020 and 2019.

		Real Estate Properties		Real Estate Equity Securities		Total
Carrying value as of June 30, 2020		$	325,820	$	17,988	$	343,808
Reconciliation to total assets of June 30, 2020
	Carrying value per reportable segments					$	343,808
	Corporate level assets					15,734
	Total assets					$	359,542
Carrying value as of December 31, 2019		$	331,362	$	21,245	$	352,607
Reconciliation to total assets of December 31, 2019
	Carrying value per reportable segments					$	352,607
	Corporate level assets					13,478
	Total assets					$	366,085

Three Months Ended June 30, 2020	Real Estate Properties		Real Estate Equity Securities		Total
Property related income	$	7,977	$	—	$	7,977
Investment income on marketable securities	—		131		131
Total revenues	7,977		131		8,108
Segment operating expenses	2,148		8		2,156
Net realized loss upon sale of marketable securities	—		(1,707)		(1,707)
Net unrealized change in fair value of investment in marketable securities	—		3,005		3,005
Operating income - segments	$	5,829	$	1,421	$	7,250
Three Months Ended June 30, 2019
Property related income	$	5,561	$	—	$	5,561
Investment income on marketable securities	—		150		150
Total revenues	5,561		150		5,711
Segment operating expenses	1,723		11		1,734
Net realized gain upon sale of marketable securities	—		146		146
Net unrealized change in fair value of investment in marketable securities	—		189		189
Operating income - segments	$	3,838	$	474	$	4,312
			Three Months Ended June 30,
Reconciliation to net income (loss)			2020		2019
Operating income - segments			$	7,250	$	4,312
General and administrative expenses			(479)		(457)
Advisory expenses			(532)		(561)
Depreciation			(1,764)		(1,336)
Amortization			(1,449)		(1,131)
Operating income			3,026		827
Interest expense			(1,761)		(1,196)
Net income (loss)			$	1,265	$	(369)

Six Months Ended June 30, 2020	Real Estate Properties		Real Estate Equity Securities		Total
Property related income	$	15,990	$	—	$	15,990
Investment income on marketable securities	—		293		293
Total revenues	15,990		293		16,283
Segment operating expenses	4,386		22		4,408
Net realized loss upon sale of marketable securities	—		(2,150)		(2,150)
Net unrealized change in fair value of investment in marketable securities	—		(1,358)		(1,358)
Operating income (loss) - segments	$	11,604	$	(3,237)	$	8,367
Six Months Ended June 30, 2019
Property related income	$	11,326	$	—	$	11,326
Investment income on marketable securities	—		301		301
Total revenues	11,326		301		11,627
Segment operating expenses	3,605		19		3,624
Net realized gain upon sale of marketable securities	—		265		265
Net unrealized change in fair value of investment in marketable securities	—		2,355		2,355
Operating income - segments	$	7,721	$	2,902	$	10,623
			Six Months Ended June 30,
Reconciliation to net (loss) income			2020		2019
Operating income - segments			$	8,367	$	10,623
General and administrative expenses			(1,005)		(1,021)
Advisory expenses			(1,071)		(932)
Depreciation			(3,543)		(2,646)
Amortization			(2,930)		(2,300)
Operating (loss) income			(182)		3,724
Interest expense			(3,713)		(2,489)
Net (loss) income			$	(3,895)	$	1,235