2023 Q1 Form 10-K Financial Statement

#000155837023005313 Filed on March 31, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $14.73M $10.27M $42.98M
YoY Change 94.97% -57.98% 51.45%
Cost Of Revenue $1.730M $1.795M $5.877M
YoY Change 178.14% -50.24% -21.46%
Gross Profit $13.00M $8.479M $37.11M
YoY Change 87.51% -59.32% 83.03%
Gross Profit Margin 88.25% 82.53% 86.33%
Selling, General & Admin $1.444M $1.318M $5.754M
YoY Change 26.78% 57.47% 28.09%
% of Gross Profit 11.11% 15.54% 15.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.892M $1.881M $6.471M
YoY Change 34.66% 114.73% 25.97%
% of Gross Profit 14.56% 22.18% 17.44%
Operating Expenses $16.74M $10.40M $51.60M
YoY Change 82.06% -56.96% 25.11%
Operating Profit -$2.012M -$1.917M -$8.612M
YoY Change 22.61% -42.14% -33.03%
Interest Expense -$6.328M -$6.887M -$15.70M
YoY Change 689.03% 964.45% 421.28%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$6.112M -$8.967M -$20.40M
YoY Change 147.65% 126.38% 16.67%
Income Tax $124.0K $16.00K $288.0K
% Of Pretax Income
Net Earnings -$6.236M -$8.983M -$20.69M
YoY Change 145.71% 117.03% 16.55%
Net Earnings / Revenue -42.34% -87.43% -48.13%
Basic Earnings Per Share -$0.17 -$0.56
Diluted Earnings Per Share -$0.17 -$0.24 -$0.56
COMMON SHARES
Basic Shares Outstanding 37.16M 36.91M 37.22K
Diluted Shares Outstanding 37.61M 37.22K

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.582M $1.548M $1.548M
YoY Change 86.97% -64.08% -64.08%
Cash & Equivalents $2.600M $1.500M $1.548M
Short-Term Investments
Other Short-Term Assets $1.746M $2.494M $2.494M
YoY Change 5.24% 270.58% 270.58%
Inventory
Prepaid Expenses
Receivables $261.0K $262.0K $262.0K
Other Receivables $183.0K $163.0K $163.0K
Total Short-Term Assets $4.772M $4.467M $4.467M
YoY Change 48.29% -13.78% -13.78%
LONG-TERM ASSETS
Property, Plant & Equipment $64.84M $65.60M $65.60M
YoY Change -77.68% -77.46% -77.46%
Goodwill
YoY Change
Intangibles $7.507M $7.692M
YoY Change -8.97% -8.78%
Long-Term Investments $0.00 $4.400M $4.386M
YoY Change -100.0% -8.33% -75.55%
Other Assets $211.0M $223.5M $223.5M
YoY Change 1382.76% 988.41% 988.41%
Total Long-Term Assets $284.5M $302.5M $302.5M
YoY Change -15.03% -11.41% -11.41%
TOTAL ASSETS
Total Short-Term Assets $4.772M $4.467M $4.467M
Total Long-Term Assets $284.5M $302.5M $302.5M
Total Assets $289.3M $306.9M $306.9M
YoY Change -14.43% -11.44% -11.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.20M $19.02M $19.02M
YoY Change 6.67% 6.46% 6.46%
Accrued Expenses $931.0K $1.037M $1.037M
YoY Change -30.88% -28.33% -28.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $22.13M $20.06M $20.06M
YoY Change 4.28% 3.85% 3.85%
LONG-TERM LIABILITIES
Long-Term Debt $245.3M $258.8M $258.8M
YoY Change -6.53% -4.4% -4.4%
Other Long-Term Liabilities $661.0K $727.0K $727.0K
YoY Change -56.37% -36.56% -36.56%
Total Long-Term Liabilities $246.0M $259.5M $259.5M
YoY Change -6.82% -4.53% -4.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.13M $20.06M $20.06M
Total Long-Term Liabilities $246.0M $259.5M $259.5M
Total Liabilities $268.1M $279.6M $279.6M
YoY Change -5.99% -3.98% -3.98%
SHAREHOLDERS EQUITY
Retained Earnings -$63.12M -$56.89M
YoY Change 89.42% 84.78%
Common Stock $145.4M $145.3M
YoY Change 0.37% 0.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $21.18M $27.34M $27.34M
YoY Change
Total Liabilities & Shareholders Equity $289.3M $306.9M $306.9M
YoY Change -14.43% -11.44% -11.44%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$6.236M -$8.983M -$20.69M
YoY Change 145.71% 117.03% 16.55%
Depreciation, Depletion And Amortization $1.892M $1.881M $6.471M
YoY Change 34.66% 114.73% 25.97%
Cash From Operating Activities $4.084M -$5.477M $1.351M
YoY Change -759.77% -6.85% -118.15%
INVESTING ACTIVITIES
Capital Expenditures $29.00K $0.00 $93.00K
YoY Change -100.62% -100.0% -100.26%
Acquisitions
YoY Change
Other Investing Activities $7.240M $0.00 $17.42M
YoY Change 28.51% -100.0% -21.8%
Cash From Investing Activities $7.211M $0.00 $17.33M
YoY Change 675.38% -100.0% -224.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $290.0K
YoY Change -103.99%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -14.60M 15.86M -21.47M
YoY Change 52.98% 488.72% -171.19%
NET CHANGE
Cash From Operating Activities 4.084M -5.477M 1.351M
Cash From Investing Activities 7.211M 0.000 17.33M
Cash From Financing Activities -14.60M 15.86M -21.47M
Net Change In Cash -3.304M 10.38M -2.790M
YoY Change -64.21% -14.87% -131.79%
FREE CASH FLOW
Cash From Operating Activities $4.084M -$5.477M $1.351M
Capital Expenditures $29.00K $0.00 $93.00K
Free Cash Flow $4.055M -$5.477M $1.258M
YoY Change -0.73% 1638.73% -95.65%

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CY2021 tphs Income Loss From Equity Method Investments Cash Flow
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IncomeLossFromEquityMethodInvestmentsCashFlow
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CY2022 tphs Distribution Of Cumulative Earnings From Unconsolidated Joint Venture
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1428000
CY2021 tphs Distribution Of Cumulative Earnings From Unconsolidated Joint Venture
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CY2020 tphs Distribution Of Cumulative Earnings From Unconsolidated Joint Venture
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CY2020 us-gaap Increase Decrease In Assets Held For Sale
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CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Payments To Acquire Real Estate
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CY2020 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 tphs Proceeds From Loans And Corporate Facility
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CY2021 tphs Proceeds From Loans And Corporate Facility
ProceedsFromLoansAndCorporateFacility
249984000
CY2020 tphs Proceeds From Loans And Corporate Facility
ProceedsFromLoansAndCorporateFacility
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CY2022 tphs Proceeds From Loans And Line Of Credit
ProceedsFromLoansAndLineOfCredit
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CY2021 tphs Proceeds From Loans And Line Of Credit
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CY2020 tphs Proceeds From Loans And Line Of Credit
ProceedsFromLoansAndLineOfCredit
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CY2021 us-gaap Payments Of Financing Costs
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CY2020 us-gaap Payments Of Financing Costs
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CY2021 tphs Repayments Of Loans
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CY2020 tphs Repayments Of Loans
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23368000
CY2022 us-gaap Repayments Of Long Term Lines Of Credit
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3500000
CY2021 us-gaap Repayments Of Long Term Lines Of Credit
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CY2020 us-gaap Repayments Of Long Term Lines Of Credit
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CY2021 us-gaap Payments For Repurchase Of Common Stock
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CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2020 tphs Proceeds From Stock Buy Back
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359000
CY2021 us-gaap Proceeds From Issuance Of Common Stock
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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8776000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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-2601000
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24845000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16069000
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18670000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22055000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24845000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16069000
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CashAndCashEquivalentsAtCarryingValue
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2019Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CashAndCashEquivalentsAtCarryingValue
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CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
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CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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9554000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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22055000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24845000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16069000
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InterestPaidNet
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CY2020 us-gaap Interest Paid Net
InterestPaidNet
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IncomeTaxesPaid
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CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
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CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
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CY2022 tphs Capitalized Amortization Of Deferred Financing Costs And Lease Commissions
CapitalizedAmortizationOfDeferredFinancingCostsAndLeaseCommissions
1572000
CY2021 tphs Capitalized Amortization Of Deferred Financing Costs And Lease Commissions
CapitalizedAmortizationOfDeferredFinancingCostsAndLeaseCommissions
3193000
CY2020 tphs Capitalized Amortization Of Deferred Financing Costs And Lease Commissions
CapitalizedAmortizationOfDeferredFinancingCostsAndLeaseCommissions
2668000
CY2022 tphs Capitalized Stock Based Compensation Expense
CapitalizedStockBasedCompensationExpense
44000
CY2021 tphs Capitalized Stock Based Compensation Expense
CapitalizedStockBasedCompensationExpense
122000
CY2020 tphs Capitalized Stock Based Compensation Expense
CapitalizedStockBasedCompensationExpense
299000
CY2022 tphs Unrealized Loss On Pension Liability
UnrealizedLossOnPensionLiability
2283000
CY2021 tphs Loan Forgiveness Non Cash
LoanForgivenessNonCash
243000
CY2020 tphs Noncash Investment In Unconsolidated Joint Venture
NoncashInvestmentInUnconsolidatedJointVenture
5193000
CY2022 us-gaap Basis Of Accounting
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 10pt 0pt;">NOTE 1 – BASIS OF PRESENTATION</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 10pt 0pt;">General Business Plan</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 10pt 0pt;">Trinity Place Holdings Inc., which we refer to in these financial statements as “Trinity,” “we,” “our,” or “us,” is a real estate holding, investment, development and asset management company. Our largest asset is currently a property located at 77 Greenwich Street in Lower Manhattan (“77 Greenwich”), which is nearing completion as a mixed-use project consisting of a 90-unit residential condominium tower, retail space and a New York City elementary school. We also own a 105-unit, 12-story multi-family property located at 237 11<sup style="font-size:7.5pt;line-height:100%;top:0pt;vertical-align:top;">th</sup> Street in Brooklyn, New York (“237 11<sup style="font-size:7.5pt;line-height:100%;top:0pt;vertical-align:top;">th</sup>”), and, through a joint venture, a 10% interest in a 234-unit multi-family property at 250 North 10<sup style="font-size:7.5pt;line-height:100%;top:0pt;vertical-align:top;">th</sup> street in Brooklyn, New York (“250 North 10<sup style="font-size:7.5pt;line-height:100%;top:0pt;vertical-align:top;">th</sup>”) that we sold to our joint venture partner in February 2023, as well as a property occupied by a retail tenant in Paramus, New Jersey. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 10pt 0pt;">We also control a variety of intellectual property assets focused on the consumer sector, a legacy of our predecessor, Syms Corp. (“Syms”), including FilenesBasement.com, our rights to the Stanley Blacker® brand, as well as the intellectual property associated with the Running of the Brides® event and An Educated Consumer is Our Best Customer® slogan. In addition, we had approximately $275.8 million of federal net operating loss carryforwards (“NOLs”) at December 31, 2022, which can be used to reduce our future taxable income and capital gains.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 10pt 0pt;">Square footage, leased occupancy percentage and residential unit disclosures in the notes to consolidated financial statements are unaudited.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 10pt 0pt;">Liquidity and Going Concern; Management’s Plans; Recent Developments</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 10pt 0pt;">Our financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern, which contemplate the realization of assets and liquidation of liabilities in the normal course of business.   The COVID-19 pandemic and related matters, including government actions, shifts in residential consumer sentiment and changes to the broader and local economies, had a significant adverse impact on our business.  More recently, the economic downturn, increased interest rates and high inflation have also impacted our business.   As of December 31, 2022, we had total cash and restricted cash of $22.1 million, of which approximately $1.5 million was cash and cash equivalents and approximately $20.5 million was restricted cash. We also had $2.0 million available under our secured line of credit at December 31, 2022, which has since been drawn.  The Company’s cash and cash equivalents will not be sufficient to fund the Company’s operations, debt service, amortization and maturities and corporate expenses over the next 12 months, unless we are able to extend or refinance our maturing debt and raise additional capital, creating substantial doubt about our ability to continue as a going concern. Management is exploring opportunities to secure additional funding through the sale of assets, refinancings of outstanding indebtedness, and equity or debt financings or other sources.  The Company also continues to explore a range of strategic and financing alternatives.  Potential strategic alternatives that may be evaluated include securing an equity and/or debt financing of the Company, refinancing of existing debt, and/or a sale or merger or reverse merger of the Company.  The Company is also in discussions with its lenders regarding the deferment of upcoming interest, amortization and other payment obligations for the period ending March 31, 2023 and going forward.  The Company is also exploring a refinancing of the debt in respect of 237 11<sup style="font-size:7.5pt;line-height:100%;top:0pt;vertical-align:top;">th</sup>.  Given the current environment there can be no assurance that we will be able to enter into any of the contemplated or future extensions, amendments or waivers with our lenders, raise additional capital, refinance indebtedness or enter into other financing arrangements or engage in asset sales or strategic partnerships sufficient to fund our cash needs, on terms satisfactory to us, if at all.  Further, in the event that market conditions preclude our ability to consummate such transactions, we will be required to evaluate additional alternatives in restructuring our business and our capital structure, including but not limited to filing for bankruptcy protection or seeking an out-of-court restructuring of our liabilities. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;text-align:justify;margin:0pt 0pt 10pt 0pt;"><span style="font-style:normal;font-weight:normal;">While construction at 77 Greenwich has taken longer than projected and the impact of the pandemic and broader economic conditions have impeded the sale of residential condominium units at 77 Greenwich, we continue to sign and close contracts for our residential condominium units, including </span><span style="font-style:normal;font-weight:normal;">five</span><span style="font-style:normal;font-weight:normal;"> units since December 31, 2022. </span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;text-align:justify;margin:0pt 0pt 10pt 0pt;"><span style="font-style:normal;font-weight:normal;">The financial statements do not include any adjustments that might result from the outcome of any uncertainty as to our ability to continue as a going concern.</span></p>
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
20500000
CY2022Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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2000000.0
CY2021Q4 tphs Investments In Unconsolidated Joint Ventures Provision For Impairment
InvestmentsInUnconsolidatedJointVenturesProvisionForImpairment
0
CY2022Q4 tphs Investments In Unconsolidated Joint Ventures Provision For Impairment
InvestmentsInUnconsolidatedJointVenturesProvisionForImpairment
0
CY2022 us-gaap Use Of Estimates
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;padding-left:18pt;text-align:justify;text-indent:-18pt;margin:0pt 0pt 10pt 18pt;">c.   <i style="font-style:italic;">Use of Estimates</i> - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates (see Note 2g. for further discussion).</p>
CY2022 us-gaap Number Of Reportable Segments
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CY2022 us-gaap Concentration Risk Credit Risk
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;padding-left:18pt;text-align:justify;text-indent:-18pt;margin:0pt 0pt 10pt 18pt;">e.    <i style="font-style:italic;">Concentrations of Credit Risk</i> - Our financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents. We hold substantially all of our cash and cash equivalents in banks. Such cash balances at times exceed federally insured limits.</p>
CY2021Q4 tphs Real Estate Held For Sale Provision For Impairment
RealEstateHeldForSaleProvisionForImpairment
0
CY2022Q4 tphs Real Estate Held For Sale Provision For Impairment
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0
CY2021 us-gaap Asset Impairment Charges
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CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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CY2021Q4 us-gaap Unrecognized Tax Benefits
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0
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2022Q4 us-gaap Investment Building And Building Improvements
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CY2021Q4 us-gaap Investment Building And Building Improvements
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51141000
CY2022Q4 us-gaap Tenant Improvements
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221000
CY2021Q4 us-gaap Tenant Improvements
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200000
CY2022Q4 us-gaap Fixtures And Equipment Gross
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847000
CY2021Q4 us-gaap Fixtures And Equipment Gross
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775000
CY2022Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
28847000
CY2021Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
28847000
CY2022Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
81056000
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
80963000
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
16405000
CY2021Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
13629000
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
64651000
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
67334000
CY2022 us-gaap Depreciation
Depreciation
4000000.0
CY2021 us-gaap Depreciation
Depreciation
4000000.0
CY2020 us-gaap Depreciation
Depreciation
3900000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
11100000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
11100000
CY2022 tphs Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
3400000
CY2021 tphs Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
2700000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
740000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
740000
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
740000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
740000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
740000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
740000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
740000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
740000
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
3992000
CY2022Q4 tphs Aggregate Fees Paid By Sca To Company
AggregateFeesPaidByScaToCompany
46300000
CY2022Q4 tphs Remaining Fees To Be Paid By Sca To Company
RemainingFeesToBePaidByScaToCompany
243000
CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
2494000
CY2021Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
673000
CY2022Q4 tphs Deferred Finance Costs
DeferredFinanceCosts
2184000
CY2021Q4 tphs Deferred Finance Costs
DeferredFinanceCosts
2184000
CY2022Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
1066000
CY2021Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
2736000
CY2022Q4 tphs Prepaid Expense And Other Assets Gross
PrepaidExpenseAndOtherAssetsGross
5744000
CY2021Q4 tphs Prepaid Expense And Other Assets Gross
PrepaidExpenseAndOtherAssetsGross
5593000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1970000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1467000
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
3774000
CY2021Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
4126000
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
288000
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
265000
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
306000
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
288000
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
265000
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
306000
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
288000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
265000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
306000
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.136
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.167
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.063
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.001
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.003
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.050
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.360
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.385
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.278
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.015
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.011
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.045
CY2022Q4 tphs Deferred Tax Liabilities Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxLiabilitiesTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
6000
CY2021Q4 tphs Deferred Tax Liabilities Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxLiabilitiesTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1000
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
74313000
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
66851000
CY2022Q4 tphs Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Depreciation
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDepreciation
5717000
CY2021Q4 tphs Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Depreciation
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDepreciation
5737000
CY2022Q4 tphs Deferred Tax Assets Tax Deferred Lease Liability
DeferredTaxAssetsTaxDeferredLeaseLiability
359000
CY2021Q4 tphs Deferred Tax Assets Tax Deferred Lease Liability
DeferredTaxAssetsTaxDeferredLeaseLiability
507000
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
212000
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
256000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
225000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
0
CY2022Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
448000
CY2021Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
777000
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
356000
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
332000
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
81636000
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
74461000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
78285000
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
70134000
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
3351000
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
4327000
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
2706000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
2220000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
7819000
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
3003000
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
261000
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
253000
CY2022Q4 tphs Deferred Tax Liabilities Pension Cost
DeferredTaxLiabilitiesPensionCost
0
CY2021Q4 tphs Deferred Tax Liabilities Pension Cost
DeferredTaxLiabilitiesPensionCost
571000
CY2022Q4 tphs Deferred Tax Liabilities Right Of Use Asset
DeferredTaxLiabilitiesRightOfUseAsset
384000
CY2021Q4 tphs Deferred Tax Liabilities Right Of Use Asset
DeferredTaxLiabilitiesRightOfUseAsset
500000
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
3351000
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
4327000
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0
CY2022 tphs Deferred Tax Asset Net Current
DeferredTaxAssetNetCurrent
0
CY2021 tphs Deferred Tax Asset Net Current
DeferredTaxAssetNetCurrent
0
CY2022 tphs Deferred Tax Asset Net Noncurrent
DeferredTaxAssetNetNoncurrent
0
CY2021 tphs Deferred Tax Asset Net Noncurrent
DeferredTaxAssetNetNoncurrent
0
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0
CY2022 us-gaap Tax Credit Carryforward Limitations On Use
TaxCreditCarryforwardLimitationsOnUse
Pursuant to the tax legislation known as the Tax Cuts and Jobs Act (the "TCJA") of 2017, corporate alternative minimum tax (“AMT”) credit carryforwards are eligible for a 50% refund in tax years 2018 through 2020
CY2019Q4 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
1600000
CY2020Q3 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
1500000
CY2022Q4 tphs Federal Net Operating Loss Carryforwards Utilized To Date
FederalNetOperatingLossCarryforwardsUtilizedToDate
20100000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
78300000
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
70100000
CY2022 tphs Number Of Retail Lease Signed Expires
NumberOfRetailLeaseSignedExpires
1
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
3372000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
831000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
467000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
484000
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
445000
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
12600000
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
14308000
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
14224000
CY2022 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
694000
CY2021 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
665000
CY2022 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-888000
CY2021 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
344000
CY2022 tphs Defined Benefit Plan Benefits Received Paid
DefinedBenefitPlanBenefitsReceivedPaid
-846000
CY2021 tphs Defined Benefit Plan Benefits Received Paid
DefinedBenefitPlanBenefitsReceivedPaid
-925000
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
13268000
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
14308000
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
15940000
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
14568000
CY2022 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
400000
CY2021 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
400000
CY2022 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
846000
CY2021 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
925000
CY2022 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
-2877000
CY2021 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
1897000
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
12617000
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
15940000
CY2022Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-651000
CY2021Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
1632000
CY2022 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
694000
CY2021 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
665000
CY2020 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
658000
CY2022 tphs Defined Benefit Plan Gain Loss On Plan Assets
DefinedBenefitPlanGainLossOnPlanAssets
-953000
CY2021 tphs Defined Benefit Plan Gain Loss On Plan Assets
DefinedBenefitPlanGainLossOnPlanAssets
-842000
CY2020 tphs Defined Benefit Plan Gain Loss On Plan Assets
DefinedBenefitPlanGainLossOnPlanAssets
-758000
CY2021 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-105000
CY2020 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-247000
CY2022 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-259000
CY2021 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-72000
CY2020 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
147000
CY2022Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.050
CY2021Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.050
CY2020Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.050
CY2022 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.000
CY2021 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.000
CY2020 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.000
CY2020 tphs Expected Long Term Rate Of Return
ExpectedLongTermRateOfReturn
0.06
CY2021 tphs Expected Long Term Rate Of Return
ExpectedLongTermRateOfReturn
0.06
CY2022 tphs Expected Long Term Rate Of Return
ExpectedLongTermRateOfReturn
0.06
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
1078000
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
1069000
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
1072000
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
1061000
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
1061000
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
4147000
CY2022 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Amount
DefinedContributionPlanMaximumAnnualContributionsPerEmployeeAmount
61000
CY2021 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Amount
DefinedContributionPlanMaximumAnnualContributionsPerEmployeeAmount
69000
CY2020 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Amount
DefinedContributionPlanMaximumAnnualContributionsPerEmployeeAmount
71000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
470000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
470000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
116000
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1056000
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
19000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1037000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
226429000
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
35750000
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
262179000
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3375000
CY2022Q4 us-gaap Notes And Loans Payable
NotesAndLoansPayable
258804000
CY2022 us-gaap Interest Costs Incurred
InterestCostsIncurred
20616000
CY2021 us-gaap Interest Costs Incurred
InterestCostsIncurred
21238000
CY2020 us-gaap Interest Costs Incurred
InterestCostsIncurred
17174000
CY2022 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
4915000
CY2021 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
13314000
CY2020 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
15577000
CY2021 us-gaap Interest Income Other
InterestIncomeOther
2000
CY2020 us-gaap Interest Income Other
InterestIncomeOther
57000
CY2022 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-15701000
CY2021 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-7922000
CY2020 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-1540000
CY2022Q4 tphs Capital Stock Shares Authorized
CapitalStockSharesAuthorized
120000000
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
79999997
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
79999997
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Excess Stock Shares Authorized
ExcessStockSharesAuthorized
1
CY2022Q4 us-gaap Excess Stock Shares Authorized
ExcessStockSharesAuthorized
1
CY2021Q4 tphs Excess Stock Par Or Stated Value Per Share
ExcessStockParOrStatedValuePerShare
0.01
CY2022Q4 tphs Excess Stock Par Or Stated Value Per Share
ExcessStockParOrStatedValuePerShare
0.01
CY2022Q4 tphs Excess Stock Par Or Stated Value Per Share
ExcessStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
43448384
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
43024424
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
36907862
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
36626549
CY2019Q4 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P10Y
CY2019Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
7179000
CY2020Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
4.50
CY2022Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
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4.31
CY2019Q4 tphs Warrant Agreement Threshold Minimum Beneficial Ownership Percentage
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0.05
CY2019Q4 tphs Warrant Agreement Threshold Maximum Percentage Of Issued And Outstanding Common Stock After Exercise Of Warrants
WarrantAgreementThresholdMaximumPercentageOfIssuedAndOutstandingCommonStockAfterExerciseOfWarrants
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CY2022Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
76000
CY2021Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
1100000
CY2022 tphs Unrealized Gain Loss On Warrants
UnrealizedGainLossOnWarrants
1000000.0
CY2021 tphs Unrealized Gain Loss On Warrants
UnrealizedGainLossOnWarrants
73000
CY2022Q4 tphs Warrant Holder S Right Number Of Board Members To Appoint
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1
CY2022 tphs Warrant Agreement Preemptive Rights Period
WarrantAgreementPreemptiveRightsPeriod
P5Y
CY2022Q4 tphs Warrant Agreement Threshold Minimum Beneficial Ownership Percentage
WarrantAgreementThresholdMinimumBeneficialOwnershipPercentage
0.05
CY2021Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
2650000
CY2021Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.90
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CY2020 us-gaap Stock Repurchased During Period Value
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0
CY2022 us-gaap Stock Repurchased During Period Shares
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1
CY2022Q4 tphs Special Stock Shares Authorized
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1
CY2022Q4 tphs Special Stock Shares Authorized
SpecialStockSharesAuthorized
1
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
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CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
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CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
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0
CY2022 tphs Share Based Compensation Arrangement By Share Based Payment Award Value Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardValueOfAdditionalSharesAuthorized
0
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
1500000
CY2021 tphs Share Based Compensation Arrangement By Share Based Payment Award Value Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardValueOfAdditionalSharesAuthorized
0
CY2022 us-gaap Deferred Compensation Arrangement With Individual Shares Issued
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CY2022 us-gaap Deferred Compensation Arrangement With Individual Exercise Price
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CY2021 us-gaap Deferred Compensation Arrangement With Individual Shares Issued
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CY2021 us-gaap Deferred Compensation Arrangement With Individual Exercise Price
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1.77
CY2022 tphs Share Based Compensation Arrangement By Share Based Payment Award Forfeitures By Former Employee
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60500
CY2022 tphs Share Based Compensation Arrangement By Share Based Payment Award Forfeitures By Former Employee Weighted Average Grant Date Fair Value
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1.68
CY2021 tphs Share Based Compensation Arrangement By Share Based Payment Award Forfeitures By Former Employee Weighted Average Grant Date Fair Value
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0
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
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1057824
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
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0
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1569449
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
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0
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551083
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
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2.14
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CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
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3.43
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
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333500
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
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1.84
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
310000
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
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1.25
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
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296084
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
2.22
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
227917
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
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3.59
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
60500
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
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1.68
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
527999
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
1.80
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
2.14
CY2022Q4 tphs Deferred Compensation Arrangement With Individual Shares Outstanding
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437170
CY2021Q4 tphs Deferred Compensation Arrangement With Individual Shares Outstanding
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284913
CY2022 tphs Disposal Group Not Discontinued Operation Gain Loss On Disposal Statement Of Income Extensible List Not Disclosed Flag
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true
CY2022Q4 us-gaap Equity Method Investments
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4400000
CY2022Q4 tphs Investment In Joint Venture Fair Value Of Derivative Liability
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77000
CY2021Q4 tphs Investment In Joint Venture Fair Value Of Derivative Liability
InvestmentInJointVentureFairValueOfDerivativeLiability
-77000
CY2022Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
69400000
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
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28847000
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
45824000
CY2022 tphs Realestate And Accumulated Depreciation Buildings And Improvements
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6385000
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
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28847000
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
52209000
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
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81056000
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
16405000
CY2022Q4 tphs Deferred Offering Costs Net
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350000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
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80963000
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
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80908000
CY2022 us-gaap Real Estate Acquisitions Through Foreclosures
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93000
CY2021 us-gaap Real Estate Acquisitions Through Foreclosures
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55000
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
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81056000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
80963000
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
13629000
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
10868000
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
2776000
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
2761000
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
16405000
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
13629000

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