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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) shares in Thousands, $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021
--- | --- | ---
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 |  | 50,000 | 50,000
Common stock, shares issued |  | 20,362 | 20,239
Common stock, shares outstanding |  | 20,362 | 20,239
Land |  | $ 181,805 | $ 180,183
Buildings and improvements |  | 697,791 | 657,458
Accumulated depreciation |  | 173,143 | 160,664
Non-controlling interests in consolidated joint ventures | [1] | 972 | 946
Line of Credit |  |  |
Deferred financing costs |  | 732 | 216
Mortgages payable |  |  |
Deferred financing costs |  | 3,355 | 3,316
Consolidated Joint Venture-VIEs |  |  |
Land |  | 10,365 | 10,365
Buildings and improvements |  | 17,870 | 18,472
Accumulated depreciation |  | 5,670 | 4,957
Other assets |  | 3,518 | 3,580
Real estate debt, net |  | 18,500 | 19,193
Other liabilities |  | 1,135 | 1,350
Non-controlling interests in consolidated joint ventures |  | 972 | 946
Consolidated Joint Venture-VIEs | Mortgages payable |  |  |
Deferred financing costs |  | $ 152 | $ 195
[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 $10,365 of land, $17,870 and $18,472 of building and improvements, net of $5,670 and $4,957 of accumulated depreciation, $3,518 and $3,580 of other assets included in other line items, $18,500 and $19,193 of real estate debt, net, $1,135 and $1,350 of other liabilities included in other line items, and $972 and $946 of non-controlling interests as of December 31, 2022 and 2021, respectively.

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