v3.26.1
SEGMENT DISCLOSURE - Schedule of Segment Net Operating Income (Loss) (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Revenues $ 29,683 $ 29,689 $ 59,100 $ 61,984
EXPENSES:        
Interest expense 9,046 10,176 18,170 19,934
General and administrative 1,518 1,801 3,550 3,982
Total Expenses 36,447 38,245 74,642 75,540
(Loss) income from unconsolidated entities (3,222) (437) (4,598) (1,588)
Hotel        
Segment Reporting [Line Items]        
Revenues 12,780 11,635 25,156 24,316
Lending Segment        
EXPENSES:        
Expense reimbursements to related parties—lending segment 0 678 0 1,337
Segment net operating income (loss) 9,309 9,819 19,151 21,574
Lending Segment | Office        
Segment Reporting [Line Items]        
Revenues 12,491 11,877 25,069 24,931
EXPENSES:        
Operating 6,140 6,444 11,979 12,080
General and administrative 87 89 389 377
Total Expenses 6,227 6,533 12,368 12,457
(Loss) income from unconsolidated entities (2,217) 175 (2,155) 146
Segment net operating income (loss) 4,047 5,519 10,546 12,620
Lending Segment | Hotel        
Segment Reporting [Line Items]        
Revenues 12,780 11,635 25,156 24,316
EXPENSES:        
Operating 8,009 7,470 16,409 15,456
General and administrative 147 7 167 18
Total Expenses 8,156 7,477 16,576 15,474
Segment net operating income (loss) 4,624 4,158 8,580 8,842
Lending Segment | Multifamily        
Segment Reporting [Line Items]        
Revenues 4,268 3,944 8,140 8,035
EXPENSES:        
Operating 2,480 3,060 5,388 6,563
General and administrative 145 83 284 169
Total Expenses 2,625 3,143 5,672 6,732
(Loss) income from unconsolidated entities (1,005) (612) (2,443) (1,734)
Segment net operating income (loss) 638 189 25 (431)
Lending Segment | Lending        
Segment Reporting [Line Items]        
Revenues 0 2,090 0 4,468
EXPENSES:        
Interest expense 0 549 0 1,123
Expense reimbursements to related parties—lending segment 0 678 0 1,337
General and administrative 0 910 0 1,465
Total Expenses 0 2,137 0 3,925
Segment net operating income (loss) $ 0 $ (47) $ 0 $ 543