Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Investments in and Advances to Unconsolidated Real Estate Joint Ventures - Summary of Financial Information for Altis Little Havana (Details)

v3.23.2
Note 7 - Investments in and Advances to Unconsolidated Real Estate Joint Ventures - Summary of Financial Information for Altis Little Havana (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2021
Cash and cash equivalents $ 81,469 $ 118,136 $ 81,469 $ 118,136   $ 127,581    
Real estate ($3,874 in 2023 and $4,443 in 2022 held for sale and $37,771 in 2023 in VIEs) 54,323   54,323     12,345    
Other assets 15,835   15,835     21,453    
Total assets 673,726 543,197 673,726 543,197   562,841    
Other liabilities 3,277   3,277     5,297    
Total liabilities 268,870   268,870     223,899    
Total equity 395,078 332,154 395,078 332,154 $ 399,109 334,528 $ 321,708 $ 322,948
Total liabilities and equity 673,726   673,726     562,841    
Total revenues 106,844 83,693 201,842 159,169        
Net gains on sales of real estate assets 0 0 0 1,329        
Net (loss) income (7,395) 10,389 128 8,463        
Equity in net earnings of unconsolidated real estate joint ventures 728 19,154 1,832 20,686        
Altis Little Havana [Member]                
Equity in net earnings of unconsolidated real estate joint ventures 0 8,406 0 8,398        
Altis Little Havana [Member]                
Cash and cash equivalents 0   0     718    
Real estate ($3,874 in 2023 and $4,443 in 2022 held for sale and $37,771 in 2023 in VIEs) 0   0     0    
Other assets 0   0     411    
Total assets 0   0     1,129    
Notes payable 0   0     0    
Other liabilities 0   0     270    
Total liabilities 0   0     270    
Total equity 0   0     859    
Total liabilities and equity 0   0     $ 1,129    
Total revenues 0 200 0 200        
Net gains on sales of real estate assets 0 55,836 0 55,836        
Other expenses 0 (258) 0 (361)        
Net (loss) income $ 0 $ 55,778 $ 0 $ 55,675