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Real Estate | 9 Months Ended
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Sep. 30, 2016
Real Estate [Abstract] |
Real Estate Investments, Net | Real Estate, net The following table contains information regarding the Company’s investment in real estate as of the following periods:
| As of September 30, 2016
| Land |  | Buildings and equipment |  | Accumulated depreciation |  | Total
Triple net lease properties | $ | 12,173 |  |  | $ | 77,891 |  |  | $ | (5,916 | ) |  | $ | 84,148 |
Managed properties | 16,016 |  |  | 189,122 |  |  | (9,625 | ) |  | 195,513 |
Other real estate (1) | — |  |  | 1,170 |  |  | — |  |  | 1,170 |
Total | $ | 28,189 |  |  | $ | 268,183 |  |  | $ | (15,541 | ) |  | $ | 280,831 |
| As of December 31, 2015
| Land |  | Buildings and equipment |  | Accumulated depreciation |  | Total
Triple net lease properties | $ | 12,173 |  |  | $ | 77,161 |  |  | $ | (4,118 | ) |  | $ | 85,216 |
Managed properties | 9,905 |  |  | 113,396 |  |  | (5,842 | ) |  | 117,459 |
Other real estate (1) | — |  |  | 1,675 |  |  | (389 | ) |  | 1,286 |
Total | $ | 22,078 |  |  | $ | 192,232 |  |  | $ | (10,349 | ) |  | $ | 203,961 |
(1) | Represents a single family residential property located in Connecticut that is being rented through the Company's subsidiary, Luxury. As of September 30, 2016, this property has been classified as held for sale and is carried at fair value less cost to sell.
Future Minimum Rental Revenue The following table presents the future minimum annual rental revenue under the noncancelable terms of all operating leases as of:
| September 30, 2016
Remainder of 2016 | $ | 1,801 |
2017 | 7,232 |
2018 | 7,335 |
2019 | 7,441 |
2020 | 7,550 |
Thereafter | 37,833 |
Total | $ | 69,192 |
The schedule of minimum future rental revenue excludes residential lease agreements, generally having terms of one year or less. Rental revenues from residential leases were $12,685 and $9,459 for the three months ended September 30, 2016 and 2015, respectively. Rental revenues from residential leases were $35,231 and $27,179 for the nine months ended September 30, 2016 and 2015, respectively.

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- Definition The entire disclosure for certain real estate investment financial statements, real estate investment trust operating support agreements, real estate owned, retail land sales, time share transactions, as well as other real estate related disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28) -URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 11 -Article 9 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Subparagraph Schedule III -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 10 -Subparagraph 4 -Article 9 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 6 -Subparagraph a -Article 5 + Details
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