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SEGMENT DISCLOSURE - Reconciliation of Segment Operating Income to Net Income Attributable to Company (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Interest and other income $ 14,567 $ 14,193
Asset management and other fees to related parties (1,797) (2,627)
Interest expense (36,872) (35,098)
General and administrative (7,004) (8,119)
Transaction costs (1,382) (4,421)
Depreciation and amortization (27,373) (52,484)
Loss on early extinguishment of debt (1,416) 0
Gain on sale of real estate 0 1,104
LOSS BEFORE PROVISION FOR INCOME TAXES (24,952) (50,228)
Provision for income taxes (798) (1,228)
NET LOSS (25,750) (51,456)
Net loss (income) attributable to noncontrolling interests 575 2,971
NET LOSS ATTRIBUTABLE TO THE COMPANY (25,175) (48,485)
Lending Segment    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Total segment net operating income 46,602 46,954
Expense reimbursements to related parties—corporate (2,571) (2,579)
Corporate And Reconciling Items    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Interest and other income 551 447
Asset management and other fees to related parties (1,797) (2,627)
Interest expense (33,589) (31,406)
General and administrative (4,267) (5,453)
Transaction costs (1,382) (4,421)
Depreciation and amortization (27,373) (52,484)
Loss on early extinguishment of debt (1,416) 0
Gain on sale of real estate 0 1,104
Corporate    
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]    
Expense reimbursements to related parties—corporate $ (2,281) $ (2,342)