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Real Estate (Tables)
9 Months Ended
Sep. 30, 2016
Real Estate [Abstract]  
Schedule of real estate assets
The Company's real estate assets were comprised of the following ($ in thousands):
 
Net Lease
 
Operating
Properties
 
Total
As of September 30, 2016
 
 
 
 
 
Land and land improvements, at cost
$
272,227

 
$
114,354

 
$
386,581

Buildings and improvements, at cost
1,091,842

 
301,396

 
1,393,238

Less: accumulated depreciation
(362,293
)
 
(42,916
)
 
(405,209
)
Real estate, net
1,001,776

 
372,834

 
1,374,610

Real estate available and held for sale (1)

 
101,488

 
101,488

Total real estate
$
1,001,776

 
$
474,322

 
$
1,476,098

As of December 31, 2015
 
 
 
 
 
Land and land improvements, at cost
$
306,172

 
$
133,275

 
$
439,447

Buildings and improvements, at cost
1,183,723

 
427,371

 
1,611,094

Less: accumulated depreciation
(377,416
)
 
(79,142
)
 
(456,558
)
Real estate, net
1,112,479

 
481,504

 
1,593,983

Real estate available and held for sale (1)

 
137,274

 
137,274

Total real estate
$
1,112,479

 
$
618,778

 
$
1,731,257


_______________________________________________________________________________
(1)
As of September 30, 2016 and December 31, 2015, the Company had $101.5 million and $137.3 million, respectively, of residential properties available for sale in its operating properties portfolio.