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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
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 20,362 20,540,000
Common stock, shares outstanding   20,362,000
Land $ 180,800 $ 181,805
Buildings and improvements 694,591 697,791
Accumulated depreciation 179,906 173,143
Non-controlling interests in consolidated joint ventures [1] 997 972
Line of Credit    
Deferred financing costs 640 732
Consolidated Joint Venture-VIEs    
Land 10,365 10,365
Buildings and improvements 17,880 17,870
Accumulated depreciation 6,046 5,670
Other assets 3,262 3,518
Real estate debt, net 18,141 18,500
Other liabilities 1,027 1,135
Non-controlling interests in consolidated joint ventures $ 997 $ 972
[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, $17,880 and $17,870 of building and improvements, net of $6,046 and $5,670 of accumulated depreciation, $3,262 and $3,518 of other assets included in other line items, $18,141 and $18,500 of real estate debt, net, $1,027 and $1,135 of other liabilities included in other line items and $997 and $972 of non-controlling interests as of June 30, 2023 and December 31, 2022, respectively.