XML 17 R3.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
shares in Thousands, $ in Thousands
Dec. 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 20,323 20,362
Common stock, shares outstanding 20,323 20,362
Land $ 172,309 $ 181,805
Buildings and improvements 692,346 697,791
Accumulated depreciation 182,705 173,143
Non-controlling interests in consolidated joint ventures [1] 1,042 972
Consolidated Joint Venture-VIEs    
Land 9,917 10,365
Buildings and improvements 17,475 17,870
Accumulated depreciation 6,380 5,670
Other assets 3,158 3,518
Real estate debt, net 16,660 18,500
Other liabilities 1,130 1,135
Non-controlling interests in consolidated joint ventures $ 1,042 $ 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: $9,917and $10,365 of land, $17,475 and $17,870 of building and improvements, net of $6,380 and $5,670 of accumulated depreciation, $3,158 and $3,518 of other assets included in other line items, $16,660 and $18,500 of real estate debt, net, $1,130 and $1,135 of other liabilities included in other line items, and $1,042 and $972 of non-controlling interests as of December 31, 2023 and 2022, respectively.