Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
REVENUES:
Rental and other property income	$ 72,266	$ 66,002
Hotel income	37,679	39,063
Interest and other income	14,567	14,193
Total Revenues	124,512	119,258
EXPENSES:
Rental and other property operating	67,962	62,493
Asset management and other fees to related parties	1,797	2,627
Interest	36,872	35,098
General and administrative	7,004	8,119
Transaction-related costs	1,382	4,421
Depreciation and amortization	27,373	52,484
Loss on early extinguishment of debt (Note 7)	1,416	0
Total Expenses	148,658	170,163
Loss from unconsolidated entities	(806)	(427)
Gain on sale of real estate (Note 3)	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 attributable to noncontrolling interests	575	2,971
NET LOSS ATTRIBUTABLE TO THE COMPANY	(25,175)	(48,485)
Redeemable preferred stock dividends declared or accumulated (Note 11)	(29,686)	(25,731)
Redeemable preferred stock deemed dividends (Note 11)	(755)	0
Redeemable preferred stock redemptions (Note 11)	(17,727)	(1,511)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (73,343)	$ (75,727)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS PER SHARE:
Basic (in usd per share)	$ (17.21)	$ (31.02)
Diluted (in usd per share)	$ (17.21)	$ (31.02)
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:
Basic (in shares)	4,261	2,441
Diluted (in shares)	4,261	2,441
Revenue from Contract with Customer, Product and Service [Extensible List]	Hotel	Hotel
Corporate
EXPENSES:
Expense reimbursements to related parties	$ 2,281	$ 2,342
Lending Segment
EXPENSES:
Expense reimbursements to related parties	$ 2,571	$ 2,579