XML 35 R25.htm IDEA: XBRL DOCUMENT
v3.19.2

REAL ESTATE ACTIVITY (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Real Estate [Abstract] |
Schedule of the real estate owned | The following table summarizes ARL’s real estate investments as of June 30, 2019 and December 31, 2018 (dollars in thousands):
|  | June 30, 2019 |  |  | December 31, 2018 |
Apartments |  | $ | 119,982 |  |  | $ | 126,274 |
Apartments under construction |  |  | 24,710 |  |  |  | 21,916 |
Commercial properties |  |  | 228,206 |  |  |  | 224,162 |
Land held for development |  |  | 77,245 |  |  |  | 83,641 |
Real estate subject to sales contract |  |  | 1,626 |  |  |  | 3,149 |
Real estate held for sale |  |  | 14,737 |  |  |  | — |
Total real estate, at cost, less impairment |  | $ | 466,506 |  |  |  | 459,142 |
Less accumulated deprecation |  |  | (83,084 | ) |  |  | (78,099 | )
Total real estate, net of depreciation |  | $ | 383,422 |  |  | $ | 381,043 |

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