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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Preferred stock, par value (in dollars per share) $ 1 $ 1
Preferred stock, shares authorized 12,500,000 12,500,000
Preferred stock, shares issued 0 0
Common stock, par value (in dollars per share) $ 1 $ 1
Common stock, shares authorized 50,000,000 50,000,000
Common stock, shares issued 20,239,000 19,878,000
Common stock, shares outstanding 20,239,000 19,878,000
Land $ 180,183 $ 190,391
Buildings and improvements 657,458 648,667
Accumulated depreciation 160,664 147,136
Non-controlling interests in consolidated joint ventures [1] 946 1,193
Line of Credit    
Deferred financing costs 216 425
Mortgages payable    
Deferred financing costs 3,316 3,845
Consolidated Joint Venture-VIEs    
Land 10,365 12,158
Buildings and improvements 18,472 23,372
Accumulated depreciation 4,957 5,232
Other assets 3,580 3,679
Real estate debt, net 19,193 23,530
Other liabilities 1,350 1,278
Non-controlling interests in consolidated joint ventures 946 1,193
Consolidated Joint Venture-VIEs | Mortgages payable    
Deferred financing costs $ 195 $ 253
[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: $10,365 and $12,158 of land, $18,472 and $23,372 of building and improvements, net of $4,957 and $5,232 of accumulated depreciation, $3,580 and $3,679 of other assets included in other line items, $19,193 and $23,530 of real estate debt, net $1,350 and $1,278 of other liabilities included in other line items, and $946 and $1,193 of non-controlling interests as of December 31, 2021 and 2020, respectively.