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Summary of real estate owned (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Summary of real estate owned details:  
Apartments $ 409,430
Commercial properties 178,824
Land held for development 157,290
Real estate held for sale 46,354
Real estate subject to sales contract 21,806
Total real estate 813,704
Less accumulated deprecation (129,630)
Total real estate, net of depreciation $ 684,074