CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Investment in real estate assets, net	$ 420,552	$ 437,232
Investment in marketable securities	26,987	36,825
Real estate loans held in consolidated CMBS Trust, at fair value	1,156,263	0
Cash and cash equivalents	5,197	7,131
Receivables, net of allowance for doubtful accounts of $35 and $22, respectively	6,602	6,113
Accrued interest receivable	4,239	0
Deferred leasing costs, net of amortization of $2,037 and $1,559, respectively	3,325	2,673
Prepaid and other assets	2,324	1,641
Total assets	1,625,489	491,615
LIABILITIES AND STOCKHOLDERS' EQUITY
Line of credit, net	84,780	82,152
Mortgage loans payable, net	190,433	191,001
Bonds payable held in consolidated CMBS Trust, at fair value	1,125,096	0
Accrued interest payable on bonds held in consolidated CMBS Trust	4,137	0
Accounts payable and accrued expenses	4,798	3,503
Due to affiliates	18,894	22,921
Note to affiliate, net of unamortized discount of $461 and $642, respectively	4,922	4,741
Acquired below-market lease intangibles, less accumulated amortization of $7,706 and $6,090, respectively	10,859	12,475
Distributions payable	696	627
Other liabilities	2,323	2,444
Total liabilities	1,446,938	319,864
Stockholders' Equity:
Preferred stock, none issued	0	0
Additional paid-in capital	278,007	238,275
Deficit	(99,681)	(66,723)
Total stockholders' equity	178,551	171,751
Total liabilities and stockholders' equity	1,625,489	491,615
Common Class A
Stockholders' Equity:
Common stock	43	41
Common Class D
Stockholders' Equity:
Common stock	32	22
Common Class I
Stockholders' Equity:
Common stock	129	122
Class M-I
Stockholders' Equity:
Common stock	4	1
Common Class N
Stockholders' Equity:
Common stock	7	3
Common Class S
Stockholders' Equity:
Common stock	0	0
Common Class T
Stockholders' Equity:
Common stock	4	8
Class T2
Stockholders' Equity:
Common stock	5	1
Class Z
Stockholders' Equity:
Common stock	$ 1	$ 1