CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
ASSETS
Real estate, net	$ 65,346	$ 67,334
Residential condominium units for sale	201,240	216,983
Cash and cash equivalents	2,190	4,310
Restricted cash	9,482	20,535
Prepaid expenses and other assets, net	5,957	4,126
Investments in unconsolidated joint ventures	4,494	17,938
Receivables	78	84
Deferred rents receivable	123	114
Right-of-use asset	1,039	1,314
Intangible assets, net	7,877	8,432
Total assets	297,826	341,170
LIABILITIES
Loans payable, net	191,870	219,249
Corporate credit facility, net	33,584	32,844
Secured line of credit, net	9,750	12,750
Note payable	5,863	5,863
Accounts payable and accrued expenses	16,659	17,864
Lease liability	1,141	1,447
Warrant liability	151	1,146
Total liabilities	259,018	291,163
Commitments and Contingencies
STOCKHOLDERS' EQUITY
Special stock, $0.01 par value; 1 share authorized, issued and outstanding at September 30, 2022 and December 31, 2021
Common stock, $0.01 par value; 79,999,997 shares authorized; 43,417,662 and 43,024,424 shares issued at September 30, 2022 and December 31, 2021, respectively; 36,877,140 and 36,626,549 shares outstanding at September 30, 2022 and December 31, 2021, respectively	434	430
Additional paid-in capital	144,725	144,282
Treasury stock (6,540,522 and 6,397,875 shares at September 30, 2022 and December 31, 2021, respectively)	(57,461)	(57,166)
Accumulated other comprehensive loss	(987)	(1,343)
Accumulated deficit	(47,903)	(36,196)
Total stockholders' equity	38,808	50,007
Total liabilities and stockholders' equity	297,826	341,170
Blank Check Preferred Stock
STOCKHOLDERS' EQUITY
Preferred Stock Value
Preferred Stock
STOCKHOLDERS' EQUITY
Preferred Stock Value