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Note 3 - Investment in Eagles Sub-OP - Schedule of Condensed Consolidated Statements Of Operation Related To Eagles Sub-OP (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues            
Rental income $ 0   $ 9,255   $ 9,842 $ 18,766
Operating Expenses            
Property operating 0   2,734   3,105 5,740
Depreciation and amortization 6   3,790   3,586 7,609
Impairment of real estate assets (0)   (331)   (43) (441)
General and administrative 2,169   3,022   5,748 6,502
Total operating expenses 2,519   10,589   13,331 21,567
Operating loss (1,678)   (458)   (1,884) (1,365)
Other income (expense)            
Net interest and other income 0   251   165 468
Derivative fair value adjustment 0   78   (582) 967
Net loss on fair value change on debt held under the fair value option 0   210   (240) 2,553
Interest expense (19)   (4,556)   (4,784) (8,889)
Other expense 0   (26)   (1) (32)
Total other expense (47,576)   4,043   (42,153) 4,940
Net income (loss) 44,710 $ (5,629) (4,501) $ (1,938) 39,081 (6,439)
Less: Preferred equity return on Fortress preferred equity 0   (3,084)   (3,497) (6,106)
Less: Preferred equity accretion to redemption value 0   (973)   (997) (2,352)
Net loss attributable to member (38,241)   $ 7,575   (29,300) $ 13,214
Eagles Sub-OP [Member]            
Revenues            
Rental income 10,011       19,853  
Operating Expenses            
Property operating 3,278       6,852  
Depreciation and amortization 3,163       6,721  
Impairment of real estate assets 0       43  
General and administrative 391       751  
Total operating expenses 6,832       14,367  
Operating loss 3,179       5,486  
Other income (expense)            
Net interest and other income 357       522  
Derivative fair value adjustment (324)       (906)  
Net loss on fair value change on debt held under the fair value option (1,995)       (2,235)  
Interest expense (4,885)       (9,650)  
Other expense (31)       (32)  
Total other expense (6,878)       (12,301)  
Net income (loss) (3,699)       (6,815)  
Less: Preferred equity return on Fortress preferred equity (4,584)       (8,081)  
Less: Preferred equity accretion to redemption value (997)       (1,994)  
Net loss attributable to member $ (9,280)       $ (16,890)