Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Investments in and Advances to Consolidated and Unconsolidated VIEs - Summary of Financial Information for Marbella Joint Venture (Details)

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Note 7 - Investments in and Advances to Consolidated and Unconsolidated VIEs - Summary of Financial Information for Marbella Joint Venture (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Jun. 30, 2023
Dec. 31, 2022
Jun. 30, 2022
Dec. 31, 2021
Cash and cash equivalents $ 102,490 $ 98,533 $ 102,490 $ 98,533   $ 127,581    
Real estate inventory 5,825   5,825     1,179    
Other assets 20,790   20,790     21,453    
Total assets 681,005 545,766 681,005 545,766   562,841    
Other liabilities 3,600   3,600     5,297    
Total liabilities 291,720   291,720     223,899    
Total equity 384,105 334,920 384,105 334,920 $ 395,078 334,528 $ 332,154 $ 322,948
Total liabilities and equity 681,005   681,005     562,841    
Total revenues 103,339 75,234 305,120 234,403        
Net (loss) income (6,535) 4,000 (6,407) 12,463        
Equity in net earnings of unconsolidated real estate joint ventures 2,126 15,026 3,958 35,712        
Marbella [Member]                
Equity in net earnings of unconsolidated real estate joint ventures (3) 3,363 580 8,574        
Marbella [Member]                
Cash and cash equivalents 1,254   1,254     3,508    
Real estate inventory 1,706   1,706     1,706    
Other assets 457   457     526    
Total assets 3,417   3,417     5,740    
Other liabilities 1,329   1,329     3,611    
Total liabilities 1,329   1,329     3,611    
Total equity 2,088   2,088     2,129    
Total liabilities and equity 3,417   3,417     $ 5,740    
Total revenues 0 32,571 1,192 80,591        
Cost of real estate inventory sold 0 (24,702) 0 (60,351)        
Other expenses (4) (994) (31) (2,710)        
Net (loss) income $ (4) $ 6,875 $ 1,161 $ 17,530