Combined and Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenues:
Total revenues		$ 113,297	$ 123,053	$ 124,077
Costs and expenses:
Depreciation and amortization		4,328	4,572	4,910
General and administrative	[1]	21,123	36,199	10,937
Provision for (recovery of) loan losses		621	1,740	44,998
Impairment of assets				14,476
Other expense		64	791	494
Total costs and expenses		138,825	176,684	231,200
Unrealized gain (losses) on equity investments		(66,531)	(171,394)
Income from sales of real estate		3,699		25,186
Income (loss) from operations before earnings from equity method investments and other items		(88,360)	(225,025)	(81,937)
Loss on early extinguishment of debt, net			(2,090)
Earnings from equity method investments			30,825	45,626
Net income (loss) from operations before income taxes		(88,360)	(196,290)	(36,311)
Income tax expense		(2)
Net income (loss)		(88,362)	(196,290)	(36,311)
Net (income) loss from operations attributable to noncontrolling interests		1,607	(66)	(37)
Net income (loss) allocable to common shareholders		$ (86,755)	$ (196,356)	$ (36,348)
Per common share data:
Net income (loss) allocable to common shareholders - Basic		$ (6.51)	$ (14.74)	$ (2.73)
Net income (loss) allocable to common shareholders - Diluted		$ (6.51)	$ (14.74)	$ (2.73)
Weighted average number of common shares:
Basic (in shares)		13,320	13,320	13,320
Diluted (in shares)		13,320	13,320	13,320
Nonrelated party
Costs and expenses:
Interest expense		$ 7,002	$ 16,672	$ 42,042
Related party
Costs and expenses:
Interest expense		8,750	6,300
Operating lease income
Revenues:
Total revenues		6,900	6,738	12,859
Interest income
Revenues:
Total revenues		2,344	2,135	12,340
Other income
Revenues:
Total revenues	[2]	44,091	41,745	37,125
Land development revenue
Revenues:
Total revenues		59,962	72,435	61,753
Costs and expenses:
Cost of sales expense		48,674	62,657	63,441
Real estate expense
Costs and expenses:
Cost of sales expense		$ 48,263	$ 47,753	$ 49,902

[1] For the years ended December 31, 2024 and 2023, includes $17.5 million and $19.7 million, respectively, of management fees incurred to related parties.

[2] During the years ended December 31, 2024, 2023, and 2022, includes $22.0 million, $22.0 million and $21.5 million, respectively, of revenues from hotel properties.