XML 23 R14.htm IDEA: XBRL DOCUMENT
v3.21.1

Real Estate Activity | 3 Months Ended
--- | ---
Mar. 31, 2021
Real Estate [Abstract] |
Real Estate Activity | Real Estate Activity 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 |
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).

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 The entire disclosure for certain real estate investment financial statements, real estate investment trust operating support agreements, real estate owned, retail land sales, time share transactions, as well as other real estate related disclosures. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -URI http://asc.fasb.org/topic&trid=2156125 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 978 -URI http://asc.fasb.org/topic&trid=2134977 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 976 -URI http://asc.fasb.org/topic&trid=2134846 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 974 -URI http://asc.fasb.org/topic&trid=2156429 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 972 -URI http://asc.fasb.org/topic&trid=2134617 + Details
Name: | us-gaap_RealEstateDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration