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REAL ESTATE ACTIVITY (Tables) | 9 Months Ended
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Sep. 30, 2018
Real Estate [Abstract] |
Schedule of real estate owned | Below is a summary of the real estate owned as of September 30, 2018 (dollars in thousands):
Apartments |  | $ | 87,834 |
Apartments under construction |  |  | 19,502 |
Commercial properties |  |  | 203,329 |
Real estate held for sale |  | $ | 841,207 |
Land held for development |  |  | 84,926 |
Land subject to sales contract |  |  | 3,280 |
Total real estate |  | $ | 1,240,078 |
Less accumulated depreciation |  |  | (190,088 | )
Total real estate, net of depreciation |  | $ | 1,049,990 |

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- 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
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