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Real Estate Activity (Tables) | 12 Months Ended
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Dec. 31, 2020
Real Estate [Abstract] |
Schedule of the Real Estate Owned | At December 31, 2020 and 2019, our real estate investment is comprised of the following:
| December 31,
| 2020 |  | 2019
Land | $ | 50,759 |  |  | $ | 49,887 |
Building and improvements | 297,644 |  |  | 286,280 |
Tenant improvements | 30,935 |  |  | 49,431 |
Construction in progress | 77,891 |  |  | 84,399 |
Total cost | 457,229 |  |  | 469,997 |
Less accumulated deprecation | (82,418) |  |  | (90,173) |
Total real estate, net | 374,811 |  |  | 379,824 |
Property held for sale | 2,572 |  |  | 7,966 |
Total real estate | $ | 377,383 |  |  | $ | 387,790 |
Schedule of Gain (Loss) on Sale or Write-down of Assets, net | Gain on sale or write-down of assets, net consists of the following:
| For the Year Ended December 31,
| 2020 |  | 2019 |  | 2018
Land(1) | $ | 25,171 |  |  | $ | 14,889 |  |  | $ | 17,404 |
Multifamily(2) | 3,702 |  |  | (80) |  |  | 154,126 |
Commercial(3) | 4,610 |  |  | — |  |  | — |
Other(4) | 3,412 |  |  | 383 |  |  | — |
| $ | 36,895 |  |  | $ | 15,192 |  |  | $ | 171,530 |
(1) Includes the sale of lots related to our investment in Windmill Farms, Mercer Crossing and other land holdings. (2) On May 1, 2020, we sold Villager, a 33 unit multifamily property in Fort Walton, Florida for $2,426, resulting in a gain on sale of $960. The sales price was funded by the issuance of a $1,761 note receivable and the assumption of the $665 mortgage note payable on the property (See Note 10 – Mortgages and Other Notes Payable). On July 16, 2020, we sold Farnham Park, a 144 unit multifamily property in Port Arthur, Texas for $13,300, resulting in a gain on the sale of of $2,742. The sales price was funded by cash payment of $4,215 and the assumption of the $9,085 mortgage note payable on the property (See Note 10 – Mortgages and Other Notes Payable). (3) On September 14, 2020, we sold Bridge View Plaza, a 122,205 square foot retail center in La Crosse, Wisconsin for $5,250, resulting in a gain on sale of $4,610. The proceeds from the sale were used to pay off the $3,375 mortgage note payable on the property (See Note 10 – Mortgages and Other Notes Payable) and for general corporate purposes. (4) Includes the write-off of development costs.

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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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