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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) shares in Thousands, $ in Thousands | Dec. 31, 2024 | Dec. 31, 2023
--- | --- | ---
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 |  | 20,698 | 20,323
Common stock, shares outstanding |  | 20,698 | 20,323
Land |  | $ 165,708 | $ 172,309
Buildings and improvements |  | 695,044 | 692,346
Accumulated depreciation |  | 188,447 | 182,705
Non-controlling interests in consolidated joint ventures | [1] | 1,150 | 1,042
Consolidated Joint Venture-VIEs |  |  |
Land |  | 9,198 | 9,917
Buildings and improvements |  | 15,599 | 17,475
Accumulated depreciation |  | 6,516 | 6,380
Other assets |  | 2,767 | 3,158
Real estate debt, net |  | 13,295 | 16,660
Other liabilities |  | 966 | 1,130
Non-controlling interests in consolidated joint ventures |  | $ 1,150 | $ 1,042
[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: $9,198 and $9,917 of land, $15,599 and $17,475 of building and improvements, net of $6,516 and $6,380 of accumulated depreciation, $2,767 and $3,158 of other assets included in other line items, $13,295 and $16,660 of real estate debt, net, $966 and $1,130 of other liabilities included in other line items, and $1,150 and $1,042 of non-controlling interests as of December 31, 2024 and 2023, respectively.

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