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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
shares in Thousands, $ in Thousands
Mar. 31, 2023
Dec. 31, 2022
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 20,546 20,362
Common stock, shares outstanding 20,546 20,362
Land $ 180,579 $ 181,805
Buildings and improvements 692,025 697,791
Accumulated depreciation 175,153 173,143
Non-controlling interests in consolidated joint ventures [1] 985 972
Line of Credit    
Deferred financing costs 686 732
Consolidated Joint Venture-VIEs    
Land 10,365 10,365
Buildings and improvements 17,716 17,870
Accumulated depreciation 5,856 5,670
Other assets 3,683 3,518
Real estate debt, net 18,321 18,500
Other liabilities 1,210 1,135
Non-controlling interests in consolidated joint ventures $ 985 $ 972
[1] The Company’s consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIEs”). See Note 5. The consolidated balance sheets include the following amounts related to the Company’s consolidated VIEs: $10,365 and $10,365 of land, $17,716 and $17,870 of building and improvements, net of $5,856 and $5,670 of accumulated depreciation, $3,683 and $3,518 of other assets included in other line items, $18,321 and $18,500 of real estate debt, net, $1,210 and $1,135 of other liabilities included in other line items and $985 and $972 of non-controlling interests as of March 31, 2023 and December 31, 2022, respectively.