v3.25.2
BUSINESS SEGMENT DATA - Summary of Segment Operations (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
BUSINESS SEGMENT DATA        
Income Properties $ 33,375 $ 25,878 $ 65,047 $ 50,501
Interest Income From Commercial Loans and Investments 3,016 1,441 5,977 2,792
Total Revenues for Reportable Segments 37,638 28,845 73,449 56,972
Total Direct Cost of Revenues (10,178) (8,339) (19,069) (15,911)
Total Revenues Less Direct Costs of Revenues 27,460 20,506 54,380 41,061
Provision for Impairment   (67)   (115)
Depreciation and Amortization - Real Estate (15,277) (11,532) (29,623) (22,447)
Total Revenues Less Operating Expenses for Reportable Segments (12,678) 5,431 (4,805) 19,954
Gain on Disposition of Assets       9,163
Net Income From Operations for Reportable Segments     (21,157) 7,025
General and Administrative Expenses (4,448) (3,459) (9,131) (7,675)
Investment and Other Income (Loss) (3,687) 1,429 (3,112) (1,830)
Interest Expense (6,859) (5,604) (12,995) (11,133)
Loss on Extinguishment of Debt (20,396)   (20,396)  
Depreciation and Amortization - Other (17) (17) (35) (33)
Income (Loss) Before Income Tax Benefit (Expense) (23,224) 1,256 (20,912) 6,991
Income Tax Benefit (Expense) (194) (73) (245) 34
Net Income (Loss) Attributable to the Company (23,418) 1,183 (21,157) 7,025
Income Properties        
BUSINESS SEGMENT DATA        
Total Direct Cost of Revenues (10,178) (8,080) (19,069) (14,833)
Management Fee Income        
BUSINESS SEGMENT DATA        
Revenue from Contract with Customer, Including Assessed Tax 1,247 1,131 2,425 2,236
Real Estate Operations        
BUSINESS SEGMENT DATA        
Revenue from Contract with Customer, Including Assessed Tax   395   1,443
Total Direct Cost of Revenues   (259)   (1,078)
Income Properties        
BUSINESS SEGMENT DATA        
Income Properties 33,375 25,878 65,047 50,501
Total Revenues for Reportable Segments 33,375 25,878 65,047 50,501
Total Revenues Less Direct Costs of Revenues 23,197 17,798 45,978 35,668
Provision for Impairment     0 0
Depreciation and Amortization - Real Estate (15,277) (11,532) (29,623) (22,447)
Gain on Disposition of Assets       4,618
Income Properties | Income Properties        
BUSINESS SEGMENT DATA        
Total Direct Cost of Revenues (10,178) (8,080) (19,069) (14,833)
Management Services        
BUSINESS SEGMENT DATA        
Total Revenues for Reportable Segments 1,247 1,131 2,425 2,236
Total Revenues Less Direct Costs of Revenues 1,247 1,131 2,425 2,236
Management Services | Management Fee Income        
BUSINESS SEGMENT DATA        
Revenue from Contract with Customer, Including Assessed Tax 1,247 1,131 2,425 2,236
Commercial Loans and Investments        
BUSINESS SEGMENT DATA        
Interest Income From Commercial Loans and Investments 3,016 1,441 5,977 2,792
Total Revenues for Reportable Segments 3,016 1,441 5,977 2,792
Total Revenues Less Direct Costs of Revenues 3,016 1,441 5,977 2,792
Provision for Impairment   (67) 0 (115)
Real Estate Operations        
BUSINESS SEGMENT DATA        
Total Revenues for Reportable Segments   395   1,443
Total Revenues Less Direct Costs of Revenues   136   365
Gain on Disposition of Assets       4,545
Real Estate Operations | Real Estate Operations        
BUSINESS SEGMENT DATA        
Revenue from Contract with Customer, Including Assessed Tax   395   1,443
Total Direct Cost of Revenues   (259)   (1,078)
Operating Segments        
BUSINESS SEGMENT DATA        
Total Revenues Less Operating Expenses for Reportable Segments 12,183 8,907 24,757 18,499
Net Income From Operations for Reportable Segments 12,183 8,907 24,757 27,662
Operating Segments | Income Properties        
BUSINESS SEGMENT DATA        
Total Revenues Less Operating Expenses for Reportable Segments 7,920 6,266 16,355 13,221
Net Income From Operations for Reportable Segments 7,920 6,266 16,355 17,839
Operating Segments | Management Services        
BUSINESS SEGMENT DATA        
Total Revenues Less Operating Expenses for Reportable Segments 1,247 1,131 2,425 2,236
Net Income From Operations for Reportable Segments 1,247 1,131 2,425 2,236
Operating Segments | Commercial Loans and Investments        
BUSINESS SEGMENT DATA        
Total Revenues Less Operating Expenses for Reportable Segments 3,016 1,374 5,977 2,677
Net Income From Operations for Reportable Segments $ 3,016 1,374 $ 5,977 2,677
Operating Segments | Real Estate Operations        
BUSINESS SEGMENT DATA        
Total Revenues Less Operating Expenses for Reportable Segments   136   365
Net Income From Operations for Reportable Segments   $ 136   $ 4,910