Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Line Items]

Schedule of Deferred Tax Assets and Deferred Tax Liabilities

	As of December 31,
	2020		2019
Deferred Tax Assets
Accrued expenses and other	$	101	$	100
Net operating losses carried forward for federal income tax purposes		1,951		374
Net operating losses carried forward for state income tax purposes		424		455
AMT		-		58
Subtotal deferred tax assets		2,476		987
Valuation allowance		(1,742)		(359)
Total deferred tax assets		734		628
Deferred Liabilities
Tax depreciation in excess of book depreciation		734		909
Atlanta JV basis difference		-		140
Total deferred tax liabilities		734		1,049
Net deferred tax assets (liabilities)	$	-	$	(421)

Summary of Distributions Paid

	For the year ended December 31,
	2019			2018
	Amount		%	Amount		%
Common Shares:
Ordinary income	$	-	-	$	-	-
Capital gain		-	-		-	-
Return of capital		0.585000	100%		0.975000	100%
Total	$	0.585000	100%	$	0.975000	100%
Series E Preferred Stock:
Ordinary income	$	-	-	$	-	-
Capital gain		-	-		-	-
Return of capital		0.468750	100%		0.625000	100%
Total	$	0.468750	100%	$	0.625000	100%

TRS Leasing, Inc [Member]

Income Tax Disclosure [Line Items]

Schedule of Components of Income Tax Expense (Benefit)

	Year ended December 31,
	2020		2019		2018
Federal:
Current	$	-	$	-	$	-
Deferred		(550)		817		202
State and local:
Current		-		2		(8)
Deferred		70		(57)		58
Income tax expense (benefit)	$	(480)	$	762	$	252

Schedule of Actual Income Expense of the TRS

	Year ended December 31,
	2020		2019		2018
Computed "expected" income tax (benefit) expense	$	(1,893)	$	403	$	191
State income taxes, net of federal income tax (benefit) expense		(240)		62		40
(Decrease) increase in valuation allowance		1,383		(124)		29
Return to provision adjustments		-		431		(16)
Adjustment to state net operating losses		248		-		-
Other		22		(10)		8
Total income tax expense (benefit)	$	(480)	$	762	$	252