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 Altis Little Havana (Details)

v3.23.3
Note 7 - Investments in and Advances to Consolidated and Unconsolidated VIEs - Summary of Financial Information for Altis Little Havana (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 ($3,874 in 2023 and $4,443 in 2022 held for sale and $53,605 in 2023 in VIEs) 70,101   70,101     12,345    
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 gains on sales of real estate assets 2,271 0 2,210 1,329        
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        
Altis Little Havana [Member]                
Equity in net earnings of unconsolidated real estate joint ventures 0 0 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 $53,605 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 55 0 255        
Net gains on sales of real estate assets 0 711 0 56,547        
Other expenses 0 (683) 0 (1,044)        
Net (loss) income $ 0 $ 83 $ 0 $ 55,758