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INVESTMENT IN UNCONSOLIDATED INVESTEES (Tables)
 6 Months Ended
Jun. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Schedule for summary of financial position and results of operations from our investees

The following is a summary of the financial position and results of operations as of June 30, 2020 and 2019 from our investees (dollars in thousands):

 

    For the Period Ended June 30,  
SUMMARY OF FINANCIAL POSITION:   2020     2019  
Real estate, net of accumulated depreciation   $ 12,353     $ 13,336  
Notes receivable     11,053       11,156  
Other assets     39,758       32,107  
Notes payable     (13,050 )     (9,621 )
Other liabilities     (8,849 )     (6,737 )
Shareholders' equity/partners capital     (41,265 )     (40,241 )
                 
      For the Six Months Ended June 30,  
SUMMARY OF OPERATIONS:     2020       2019  
Revenue   $ 26,394     $ 27,869  
Depreciation     (702 )     (728 )
Operating expenses     (24,285 )     (25,579 )
Interest expense     (289 )     (320 )
Income from operations   $ 1,118     $ 1,242  
Net  income   $ 1,118     $ 1,242  
                 
Company's 20% proportionate share of earnings   $ 224     $ 248