v3.26.1
Segment Information - Schedule of Segment Reporting Information 1 (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting Information [Line Items]        
Total revenues $ 19,337 $ 21,034 $ 42,212 $ 50,108
Property operating expense 4,606 5,523 10,259 12,484
Property management fees 324 387 794 906
Real estate taxes and insurance     3,062 3,414
Advisory and administrative fees 2,943 7,020 6,028 10,662
Property general and administrative expenses     3,137 3,607
Corporate general and administrative expenses     6,150 3,947
Depreciation and amortization 3,498 4,028 7,213 7,937
Impairment loss 0 0 0 1,752
Interest expense 5,311 6,637 11,000 13,913
Equity in losses of unconsolidated equity method ventures 866 (190) 873 167
Change in unrealized losses from non-real estate investments (6,538) 41,637 8,793 74,959
Loss (gain) on extinguishment of debt and modification costs 210 0 210 0
Realized losses from non-real estate investments (148) (3,462) (145) (4,981)
Loss (gain) on sales of real estate 0 (26) 2,784 (37)
Income tax expense 374 (641) 1,283 572
Net income (loss) $ 2,041 $ (44,088) (19,229) (79,194)
Diversified        
Segment Reporting Information [Line Items]        
Total revenues     28,080 31,191
Property operating expense     3,009 3,090
Property management fees     424 363
Real estate taxes and insurance     2,166 2,375
Advisory and administrative fees     6,028 6,764
Property general and administrative expenses     1,291 1,147
Corporate general and administrative expenses     5,575 5,577
Depreciation and amortization     5,363 5,721
Impairment loss     0 0
Interest expense     6,406 7,513
Equity in losses of unconsolidated equity method ventures     873 167
Change in unrealized losses from non-real estate investments     8,793 74,959
Loss (gain) on extinguishment of debt and modification costs     210 0
Realized losses from non-real estate investments     (145) (4,981)
Loss (gain) on sales of real estate     0 0
Income tax expense     1,094 484
Net income (loss)     (13,007) (71,988)
Hospitality        
Segment Reporting Information [Line Items]        
Total revenues     14,132 18,917
Property operating expense     7,250 9,394
Property management fees     370 543
Real estate taxes and insurance     896 1,039
Advisory and administrative fees     0 3,898
Property general and administrative expenses     1,846 2,460
Corporate general and administrative expenses     575 (1,630)
Depreciation and amortization     1,850 2,216
Impairment loss     0 1,752
Interest expense     4,594 6,400
Equity in losses of unconsolidated equity method ventures     0 0
Change in unrealized losses from non-real estate investments     0 0
Loss (gain) on extinguishment of debt and modification costs     0 0
Realized losses from non-real estate investments     0 0
Loss (gain) on sales of real estate     2,784 (37)
Income tax expense     189 88
Net income (loss)     $ (6,222) $ (7,206)