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Real Estate Activity (Tables) | 3 Months Ended
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Mar. 31, 2021
Real Estate [Abstract] |
Schedule of the Real Estate Owned | Below is a summary of the real estate owned as of March 31, 2021 and December 31, 2020:
| March 31, 2021 |  | December 31, 2020
Land | $ | 48,357 |  |  | $ | 50,759 |
Building and improvements | 281,115 |  |  | 297,644 |
Tenant improvements | 30,935 |  |  | 30,935 |
Construction in progress | 73,656 |  |  | 77,891 |
Total cost | 434,063 |  |  | 457,229 |
Less accumulated deprecation | (84,603) |  |  | (82,418) |
Total real estate, net | 349,460 |  |  | 374,811 |
Property held for sale | 1,660 |  |  | 2,572 |
Total real estate | $ | 351,120 |  |  | $ | 377,383 |
Schedule Of Gain Loss On Sale Or Write-down Of Assets | The gain (loss) on sale or write-down of assets, net for the three months ended March 31, 2021 and 2020 consist of the following:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2021 |  | 2020
Land(1) |  |  |  |  | $ | 5,957 |  |  | $ | 4,138 |
Residential Properties(2) |  |  |  |  | 11,441 |  |  | — |
|  |  |  |  | $ | 17,398 |  |  | $ | 4,138 |
(1)Includes the sale of lots related to our investment in Windmill Farms, Mercer Crossing and other land holdings. (2)Includes the gain from Overlook at Allensville Phase II transaction (See Note 9 – Investment in Unconsolidated Joint Ventures) and the recognition of gains on various multifamily properties that had been previously been deferred (See Note 14 – Deferred Income).

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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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