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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) shares in Thousands, $ in Thousands | Jun. 30, 2020 | Dec. 31, 2019
--- | --- | ---
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 |  | 19,450 | 19,251
Common stock, shares outstanding |  | 19,450 | 19,251
Land |  | $ 194,356 | $ 195,320
Buildings and improvements |  | 651,902 | 640,517
Accumulated depreciation |  | 139,538 | 135,302
Non-controlling interests in consolidated joint ventures | [1] | 1,206 | 1,221
Consolidated VIE entities |  |  |
Land |  | 12,158 | 12,158
Buildings and improvements |  | 23,794 | 24,223
Accumulated depreciation |  | 4,784 | 4,334
Other assets |  | 3,475 | 3,696
Real estate debt, net |  | 23,812 | 24,199
Other liabilities |  | 1,085 | 1,153
Non-controlling interests in consolidated joint ventures |  | 1,206 | 1,221
Line of Credit |  |  |
Deferred financing costs |  | 516 | 619
Mortgages payable |  |  |
Deferred financing costs |  | $ 4,255 | $ 4,438
[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: $12,158 and $12,158 of land, $23,794 and $24,223 of building and improvements, net of $4,784 and $4,334 of accumulated depreciation, $3,475 and $3,696 of other assets included in other line items, $23,812 and $24,199 of real estate debt, net, $1,085 and $1,153 of other liabilities included in other line items and $1,206 and $1,221 of non-controlling interests as of June 30, 2020 and December 31, 2019, respectively.

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