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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.