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INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES - Statement of operations (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2021
Sep. 30, 2021
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues                
Rental revenues $ 967 $ 577 $ 447 $ 1,024 $ 1,991 $ 3,225 $ 1,563 [1] $ 4,631 [1]
Total revenues 2,425 833 493 1,326 3,751 27,265 1,826 [1] 4,631 [1]
Operating Expenses                
Property operating expenses 897 1,888   3,795 4,692 5,583 9,120 [1] 7,140 [1]
Real estate taxes 271 79 79 158 429 724 254 [1] 510 [1]
General and administrative 1,440 1,387 1,243 2,630 4,070 5,133 5,217 [1] 5,677 [1]
Total operating expenses 5,162 4,516 4,392 8,908 14,070 37,880 18,976 [1] 18,345 [1]
Operating (loss) income (2,737) (3,683) (3,899) (7,582) (10,319) (10,615) 7,046 [1] (4,193) [1]
Interest expense, net (2,367) (1,772) (875) (2,647) (5,014) (7,922) (1,540) [1] (113) [1]
Interest expense - amortization of deferred finance costs (269) (683) (261) (944) (1,213) (1,521) (261) [1] (39) [1]
Net (loss) income attributable to common stockholders $ (3,608) (6,434) (7,419) (13,853) (17,461) (20,805) 4,333 [1] (5,292) [1]
Our equity in net loss from unconsolidated joint ventures   $ (264) $ (372) $ (636) $ (636) (555) (1,571) [1] (819) [1]
Unconsolidated Joint Ventures                
Revenues                
Rental revenues           12,679 12,747 3,314
Total revenues           12,679 12,747 3,314
Operating Expenses                
Property operating expenses           4,055 3,595 956
Real estate taxes           100 94 45
General and administrative           10 10 10
Amortization           2,479 5,676 536
Depreciation           3,937 3,833 1,328
Total operating expenses           10,581 13,208 2,875
Operating (loss) income           2,098 (461) 439
Interest expense, net           (3,806) (3,780) (1,905)
Interest expense - amortization of deferred finance costs           (289) (1,881) (172)
Interest expense - change in fair market value of interest rate swap           (153)    
Net (loss) income attributable to common stockholders           $ (2,150) $ (6,122) $ (1,638)
[1] Amounts are revised. See Note 3 for more information.