CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash Flow From Operating Activities:
Net income	$ 6,659	$ 7,250	$ 469,004
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Loss (gain) on sale, remeasurement or write down of assets	589	1,891	(89,196)
Gain on foreign currency transactions	0	(993)	(20,067)
Loss on early extinguishment of debt	0	1,710	2,805
Depreciation and amortization	12,533	14,571	13,111
Provision for bad debts	166	1,593	140
Equity in income from unconsolidated joint venture	(708)	(1,060)	(468,086)
Distribution of income from unconsolidated joint ventures	1,263	0	2,600
Changes in assets and liabilities, net of acquisitions and dispositions:
Other assets	721	(10,596)	5,763
Related party receivables	(27,307)	(11,801)	(7,327)
Accrued interest payable	561	(1,719)	(1,169)
Accounts payable and other liabilities	6,833	(31,919)	47,028
Net cash provided by (used in) operating activities	1,310	(31,073)	(45,394)
Cash Flow From Investing Activities:
Collection of notes receivable	5,608	1,967	3,027
Originations and advances on notes receivable	0	(6,500)	(2,305)
Purchase of short-term investments	(59,097)	(91,007)	(277,641)
Redemption and/or maturities of short-term investments	69,745	120,346	175,250
Development and renovation of real estate	(57,933)	(18,462)	(18,686)
Deferred leasing costs	(1,189)	(1,128)	(1,163)
Proceeds from sale of assets	1,342	188	44,591
Distributions from unconsolidated joint venture	0	21,409	384,284
Net cash (used in) provided by investing activities	(41,524)	26,813	307,357
Cash Flow From Financing Activities:
Proceeds from mortgages and other notes payable	15,112	0	0
Payments on mortgages, other notes and bonds payable	(12,452)	(137,657)	(111,022)
Repurchase of IOR shares	(802)	(908)	0
Debt extinguishment costs	0	(435)	(1,355)
Deferred financing costs	(199)	(20)	0
Net cash provided by (used in) financing activities	1,659	(139,020)	(112,377)
Net (decrease) increase in cash, cash equivalents and restricted cash	(38,555)	(143,280)	149,586
Cash, cash equivalents and restricted cash, beginning of year	79,027	222,307	72,721
Cash, cash equivalents and restricted cash, end of year	$ 40,472	$ 79,027	$ 222,307