XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.8.0.1

REAL ESTATE (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Real Estate [Abstract] |
Schedule of real estate owned | A summary of our real estate owned as of the end of the year is listed below (dollars in thousands):
|  | 2017 |  |  | 2016 |
Apartments |  | $ | 733,620 |  |  | $ | 694,351 |
Apartments under construction |  |  | 105,451 |  |  |  | 25,288 |
Commercial properties |  |  | 200,797 |  |  |  | 218,857 |
Land held for development |  |  | 77,560 |  |  |  | 79,188 |
Real estate held for sale |  |  | — |  |  |  | — |
Real estate subject to sales contract |  |  | 48,234 |  |  |  | 48,919 |
Total real estate, at cost, less impairment |  |  | 1,165,663 |  |  |  | 1,066,603 |
Less accumulated deprecation |  |  | (177,546 | ) |  |  | (165,597 | )
Total real estate, net of depreciation |  | $ | 988,117 |  |  | $ | 901,006 |
Schedule of assets measures in recurring and non recurring basis |
|  |  |  | Fair Value Measurements Using (dollars in thousands): |
December 31, 2015 |  | Fair Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
| Commercial |  |  | $ | 3,000 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,000 |

X
- Definition Tabular disclosure of assets measured at fair value measured on a recurring or nonrecurring basis. Includes, but is not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringAndNonrecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RealEstateAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of nonconsolidated investments in real estate including interests in corporations, partnerships and joint ventures. Disclosures may include summarized aggregate financial statements for the real estate investments. + References No definition available. + Details
Name: | us-gaap_RealEstateInvestmentFinancialStatementsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration