SCHEDULE III REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION AND AMORTIZATION (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Real Estate and Accumulated Depreciation [Line Items]
Initial Cost to Company, Land	$ 102,190
Initial Cost to Company, Building and Improvements	395,329
Initial Cost to Company, Total	497,519
Cost Capitalized Subsequent to Acquisition	47,887
Gross Amount at which Carried at Close of Period, Land	102,288
Gross Amount at which Carried at Close of Period, Building and Improvements	443,118
Gross Amount at which Carried at Close of Period, Total	545,406	$ 547,310	$ 549,086	$ 324,176
Accumulated Depreciation and Amortization	(51,723)	$ (35,704)	$ (18,646)	$ (6,853)
Aggregate cost of real estate for federal income tax purposes	$ 552,900
Springmaid Beach Resort
Real Estate and Accumulated Depreciation [Line Items]
Ownership Percent	90.00%
Encumbrances	$ 56,536
Initial Cost to Company, Land	27,340
Initial Cost to Company, Building and Improvements	12,727
Initial Cost to Company, Total	40,067
Cost Capitalized Subsequent to Acquisition	25,193
Gross Amount at which Carried at Close of Period, Land	27,438
Gross Amount at which Carried at Close of Period, Building and Improvements	37,822
Gross Amount at which Carried at Close of Period, Total	65,260
Accumulated Depreciation and Amortization	$ (10,314)
Original Date of Construction	1948/1980/1992/1995/2001
Date Acquired	Dec. 30, 2014
Q and C Hotel
Real Estate and Accumulated Depreciation [Line Items]
Ownership Percent	90.00%
Encumbrances	$ 25,000
Initial Cost to Company, Land	1,232
Initial Cost to Company, Building and Improvements	49,452
Initial Cost to Company, Total	50,684
Cost Capitalized Subsequent to Acquisition	3,781
Gross Amount at which Carried at Close of Period, Land	1,232
Gross Amount at which Carried at Close of Period, Building and Improvements	53,233
Gross Amount at which Carried at Close of Period, Total	54,465
Accumulated Depreciation and Amortization	$ (8,315)
Original Date of Construction	1913
Date Acquired	Dec. 17, 2015
Lincoln Court
Real Estate and Accumulated Depreciation [Line Items]
Ownership Percent	100.00%
Encumbrances	$ 34,615
Initial Cost to Company, Land	14,706
Initial Cost to Company, Building and Improvements	38,080
Initial Cost to Company, Total	52,786
Cost Capitalized Subsequent to Acquisition	24
Gross Amount at which Carried at Close of Period, Land	14,706
Gross Amount at which Carried at Close of Period, Building and Improvements	38,104
Gross Amount at which Carried at Close of Period, Total	52,810
Accumulated Depreciation and Amortization	$ (5,641)
Original Date of Construction	1985
Date Acquired	May 20, 2016
Lofts at NoHo Commons
Real Estate and Accumulated Depreciation [Line Items]
Ownership Percent	90.00%
Encumbrances	$ 73,862
Initial Cost to Company, Land	26,222
Initial Cost to Company, Building and Improvements	73,750
Initial Cost to Company, Total	99,972
Cost Capitalized Subsequent to Acquisition	7,557
Gross Amount at which Carried at Close of Period, Land	26,222
Gross Amount at which Carried at Close of Period, Building and Improvements	81,307
Gross Amount at which Carried at Close of Period, Total	107,529
Accumulated Depreciation and Amortization	$ (6,576)
Original Date of Construction	2007
Date Acquired	Nov. 16, 2016
210 West 31st Street
Real Estate and Accumulated Depreciation [Line Items]
Ownership Percent	80.00%
Encumbrances	$ 20,000
Initial Cost to Company, Land	0
Initial Cost to Company, Building and Improvements	50,141
Initial Cost to Company, Total	50,141
Cost Capitalized Subsequent to Acquisition	5,103
Gross Amount at which Carried at Close of Period, Land	0
Gross Amount at which Carried at Close of Period, Building and Improvements	55,244
Gross Amount at which Carried at Close of Period, Total	55,244
Accumulated Depreciation and Amortization	$ 0
Date Acquired	Dec. 01, 2016
Oakland City Center
Real Estate and Accumulated Depreciation [Line Items]
Ownership Percent	100.00%
Encumbrances	$ 95,989
Initial Cost to Company, Land	22,150
Initial Cost to Company, Building and Improvements	148,495
Initial Cost to Company, Total	170,645
Cost Capitalized Subsequent to Acquisition	4,103
Gross Amount at which Carried at Close of Period, Land	22,150
Gross Amount at which Carried at Close of Period, Building and Improvements	152,598
Gross Amount at which Carried at Close of Period, Total	174,748
Accumulated Depreciation and Amortization	$ (17,493)
Original Date of Construction	1985/1990
Date Acquired	Aug. 18, 2017
Grace Court
Real Estate and Accumulated Depreciation [Line Items]
Ownership Percent	90.00%
Encumbrances	$ 23,593
Initial Cost to Company, Land	10,540
Initial Cost to Company, Building and Improvements	22,684
Initial Cost to Company, Total	33,224
Cost Capitalized Subsequent to Acquisition	2,126
Gross Amount at which Carried at Close of Period, Land	10,540
Gross Amount at which Carried at Close of Period, Building and Improvements	24,810
Gross Amount at which Carried at Close of Period, Total	35,350
Accumulated Depreciation and Amortization	$ (3,384)
Original Date of Construction	1911/2003/2007/2008
Date Acquired	Oct. 03, 2017