Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2023
Revenues
Rental revenue	$ 3,951	$ 7,860
Total revenues	3,951	7,860
Expenses
Rental property operating	1,227	2,358
General and administrative	1,182	2,285
Depreciation and amortization	2,117	4,370
Total expenses	4,526	9,013
Other income (expense), net
Income from investment in real estate debt	431	841
Loss from investments in real estate-related and other securities	(53)	(48)
Mandatorily redeemable Class E units interest costs	(526)	(4,669)
Interest expense	(1,757)	(3,925)
Other income (expenses), net	(128)	(125)
Total other income (expense), net	(2,033)	(7,926)
Net loss	(2,608)	(9,079)
Net loss attributable to non-controlling interests in consolidated joint ventures	(26)	(79)
Net loss attributable to JPMREIT stockholders, basic	(2,582)	(9,000)
Net loss attributable to JPMREIT stockholders, diluted	$ (2,582)	$ (9,000)
Net loss per share of common stock - basic	$ (0.36)	$ (1.63)
Net loss per share of common stock - diluted	$ (0.36)	$ (1.63)
Weighted-average shares of common stock outstanding - basic	7,093	5,525
Weighted-average shares of common stock outstanding - diluted	7,093	5,525