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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Investment in real estate    
Land $ 102,090 $ 172,813
Buildings and improvements 344,972 463,616
Accumulated depreciation (36,025) (57,330)
Real Estate Investment Property, at Cost, Total 411,037 579,099
Construction in progress 135,305 185,324
Net investment in real estate 546,342 764,423
Real estate held for sale 39,332 455,617
Investment in unconsolidated entities 196,437 382,597
Cash and cash equivalents 134,001 133,480
Restricted cash 15,699 11,459
Tenant and other receivables, net 12,246 41,495
Lease intangible assets, net 886 1,791
Prepaid expenses, deferred expenses and other assets, net 28,921 50,859
Total assets 973,864 1,841,721
Liabilities    
Term loan facility, net 360,000 1,029,754
Accounts payable, accrued expenses and other liabilities 50,700 89,368
Total liabilities 410,700 1,119,122
Commitments and contingencies (Note 9)
Shareholders' Equity    
Additional paid-in capital 1,361,742 1,360,411
Accumulated deficit (800,342) (640,531)
Total shareholders' equity 561,990 720,469
Non-controlling interests 1,174 2,130
Total equity 563,164 722,599
Total liabilities and equity 973,864 1,841,721
Class A Common Shares [Member]    
Shareholders' Equity    
Common shares 562 561
Series A Preferred Shares [Member]    
Shareholders' Equity    
Preferred shares $ 28 $ 28