CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands		Jun. 30, 2025	Dec. 31, 2024
Investments in real estate:
Land, buildings and improvements		$ 581,913	$ 730,345
In-place lease intangible assets and other		191,977	209,968
Above-market rent intangible assets		29,742	30,512
Investments in real estate		803,632	970,825
Accumulated depreciation and amortization		(282,999)	(292,679)
Assets held for sale, net		61,868	29,297
Net investments in real estate		582,501	707,443
Cash and cash equivalents		54,146	25,121
Restricted cash		2,043	43,305
Other assets, net		29,965	29,200
Total assets	[1]	668,655	805,069
Debt:
Non-recourse mortgages, net		117,170	111,259
NLOP Mezzanine Loan, net		0	57,957
Debt, net		117,170	169,216
Accounts payable, accrued expenses and other liabilities		43,449	44,145
Below-market rent intangible liabilities, net		3,985	6,305
Total liabilities	[1]	164,604	219,666
Commitments and contingencies (Note 9)
Preferred stock, $0.001 par value, $5,000,000 shares authorized; none issued		0	0
Common stock, $0.001 par value, $45,000,000 shares authorized; $14,814,075 and $14,814,075 shares, respectively, issued and outstanding		15	15
Additional paid-in capital		855,813	855,813
Distributions in excess of accumulated earnings		(315,491)	(234,443)
Accumulated other comprehensive loss		(40,323)	(40,157)
Total shareholders’ equity		500,014	581,228
Noncontrolling interests		4,037	4,175
Total equity		504,051	585,403
Total liabilities and equity		$ 668,655	$ 805,069

[1] See Note 2 for details related to variable interest entities (“VIEs”).