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Real Estate (Tables)
 3 Months Ended
Mar. 31, 2020
Real Estate [Abstract]  
Schedule of real estate assets
The Company's real estate assets were comprised of the following ($ in thousands):
 
Net Lease(1)
 
Operating
Properties
 
Total
As of March 31, 2020
 
 
 
 
 
Land, at cost
$
188,418

 
$
106,186

 
$
294,604

Buildings and improvements, at cost
1,333,766

 
108,671

 
1,442,437

Less: accumulated depreciation
(221,008
)
 
(14,944
)
 
(235,952
)
Real estate, net(1)
1,301,176

 
199,913

 
1,501,089

Real estate available and held for sale(2)
25,730

 
8,661

 
34,391

Total real estate
$
1,326,906

 
$
208,574

 
$
1,535,480

As of December 31, 2019
 
 
 
 
 
Land, at cost
$
199,710

 
$
106,187

 
$
305,897

Buildings and improvements, at cost
1,347,321

 
107,861

 
1,455,182

Less: accumulated depreciation
(219,949
)
 
(13,911
)
 
(233,860
)
Real estate, net(1)
1,327,082

 
200,137

 
1,527,219

Real estate available and held for sale(2)
—

 
8,650

 
8,650

Total real estate
$
1,327,082

 
$
208,787

 
$
1,535,869


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(1)
As of March 31, 2020 and December 31, 2019, real estate, net included $765.3 million and $768.6 million, respectively, of real estate of the Net Lease Venture (refer to Net Lease Venture below).
(2)
As of March 31, 2020 and December 31, 2019, the Company had $8.7 million and $8.6 million, respectively, of residential condominiums available for sale in its operating properties portfolio.