Quarterly report pursuant to Section 13 or 15(d)

Segment Information - Financial Information by Segment (Details)

v3.21.2
Segment Information - Financial Information by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Segment Reporting Information [Line Items]          
Real estate rental revenue $ 41,297 $ 43,757 $ 81,904 $ 89,500  
Real estate expenses 16,230 16,588 32,684 34,046  
Net operating income 25,067 27,169 49,220 55,454  
Depreciation and amortization (17,303) (17,372) (34,290) (34,619)  
General and administrative expenses (6,325) (5,296) (11,929) (11,633)  
Transformation costs (3,780) 0 (3,780) 0  
Interest expense (10,158) (8,751) (20,281) (19,596)  
Other income 1,522 0 2,806 0  
Loss on interest rate derivatives (5,760) 0 (5,760) 0  
Loss on sale of real estate 0 (7,539) 0 (7,539)  
(Loss) gain on extinguishment of debt 0 (206) 0 262  
Income from operations of properties sold or held for sale 9,745 6,589 15,875 13,984  
Net loss (6,992) (5,406) (8,139) (3,687)  
Capital expenditures 6,362 14,606 10,401 25,576  
Total assets 2,368,405 2,542,722 2,368,405 2,542,722 $ 2,409,818
Multifamily          
Segment Reporting Information [Line Items]          
Real estate rental revenue 36,862 36,066 73,029 72,651  
Real estate expenses 14,832 14,110 30,004 28,095  
Net operating income 22,030 21,956 43,025 44,556  
Capital expenditures 4,062 5,488 7,799 8,957  
Total assets 1,315,640 1,337,731 1,315,640 1,337,731  
Corporate and Other          
Segment Reporting Information [Line Items]          
Real estate rental revenue 4,435 7,691 8,875 16,849  
Real estate expenses 1,398 2,478 2,680 5,951  
Net operating income 3,037 5,213 6,195 10,898  
Capital expenditures 2,300 9,118 2,602 16,619  
Total assets $ 1,052,765 $ 1,204,991 $ 1,052,765 $ 1,204,991