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INVESTMENTS IN UNCONSOLIDATED ENTITIES - Summary of Condensed Financial Information Related to Unconsolidated Equity Method Joint Ventures, Assets Liabilities and Equity (Details) - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
--- | --- | --- | --- | ---
Assets |  |  |  |  |
Real estate |  | $ 2,778,039 | $ 2,744,361 |  |
Other assets |  | 1,022,475 | 598,544 |  |
Total assets |  | 3,864,398 | 3,398,249 |  |
Equity of: |  |  |  |  |
Meritage |  | 2,347,868 | 1,973,990 | $ 1,720,755 | $ 1,576,825
Total liabilities and stockholders’ equity |  | 3,864,398 | 3,398,249 |  |
Equity Method Investment, Nonconsolidated Investee or Group of Investees |  |  |  |  |
Assets |  |  |  |  |
Cash |  | 4,656 | 6,329 |  |
Real estate |  | 5,745 | 6,654 |  |
Other assets |  | 5,118 | 4,382 |  |
Total assets |  | 15,519 | 17,365 |  |
Liabilities and equity: |  |  |  |  |
Accounts payable and other liabilities |  | 5,588 | 6,580 |  |
Equity of: |  |  |  |  |
Meritage | [1] | 5,330 | 5,678 |  |
Other |  | 4,601 | 5,107 |  |
Total liabilities and stockholders’ equity |  | $ 15,519 | $ 17,365 |  |
[1] | Balance represents Meritage’s interest, as reflected in the financial records of the respective joint ventures. This balance may differ from the balance reflected in our consolidated financial statements due to the following reconciling items: (i) timing differences for revenue and distributions recognition, (ii) step-up basis and corresponding amortization, (iii) capitalization of interest on qualified assets, (iv) income deferrals as discussed in Note (2) below and (v) the cessation of allocation of losses from joint ventures in which we have previously written down our investment balance to zero and where we have no commitment to fund additional losses. As discussed in Note 2 to these consolidated financial statements, the balances above do not include $217,000, $279,000 and $454,000 of capitalized interest that is a component of our investment balances at December 31, 2020, 2019 and 2018, respectively.

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