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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) shares in Thousands, $ in Thousands | Jun. 30, 2018 | Dec. 31, 2017
--- | --- | ---
Preferred stock, par value (in dollars per share) |  | $ 1 | $ 1
Preferred stock, shares authorized |  | 12,500 | 12,500
Preferred stock, shares issued |  | 0 | 0
Common stock, par value (in dollars per share) |  | $ 1 | $ 1
Common stock, shares authorized |  | 25,000 | 25,000
Common stock, shares issued |  | 18,575 | 18,261
Common stock, shares outstanding |  | 18,575 | 18,261
Land |  | $ 209,101 | $ 209,320
Buildings and improvements |  | 583,991 | 566,007
Accumulated depreciation |  | 116,451 | 108,953
Non-controlling interests in consolidated joint ventures | [1] | 1,422 | 1,742
Consolidated VIE entities |  |  |
Deferred financing costs |  | 423 | 442
Land |  | 14,722 | 17,844
Buildings and improvements |  | 28,145 | 31,789
Accumulated depreciation |  | 3,615 | 3,811
Other assets |  | 3,667 | 4,345
Real estate debt, net |  | 27,411 | 32,252
Other liabilities |  | 2,386 | 2,885
Non-controlling interests in consolidated joint ventures |  | 1,422 | 1,742
Facility |  |  |
Deferred financing costs |  | 468 | 624
Mortgages payable |  |  |
Deferred financing costs |  | $ 3,758 | $ 3,789
[1] | The Company’s consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIEs”). See Note 6. The consolidated balance sheets include the following amounts related to the Company’s consolidated VIEs: $14,722 and $17,844 of land, $28,145 and $31,789 of building and improvements, net of $3,615 and $3,811 of accumulated depreciation, $3,667 and $4,345 of other assets included in other line items, $27,411 and $32,252 of real estate debt, net, $2,386 and $2,885 of other liabilities included in other line items and $1,422 and $1,742 of non-controlling interests as of June 30, 2018 and December 31, 2017, respectively

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