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TRADE RECEIVABLES & TRADE RECEIVABLES – RELATED PARTIES | 12 Months Ended
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Dec. 31, 2020
Accounts Receivable, after Allowance for Credit Loss, Current [Abstract] |
TRADE RECEIVABLES & TRADE RECEIVABLES – RELATED PARTIES | TRADE RECEIVABLES & TRADE RECEIVABLES – RELATED PARTIES Trade receivables include amounts due from real estate services, asset management and project management. As of December 31, 2020 and 2019, the Company had $1.5 million and $1.9 million, respectively, of trade receivables. The Company records an allowance for doubtful accounts based on historical collection experience and the aging of receivables. As of December 31, 2020 and 2019, the allowance for doubtful accounts was de minimis based on the Company’s historical collection experience for receivables older than 90 days along with an analysis of collections received as of the filing date. As of December 31, 2020 and 2019, the Company had $3.6 million and $3.6 million, respectively, of receivables from related parties. The Company does not record an allowance for doubtful accounts related to receivables from related parties. This is due to the related party nature of the receivables along with the collection history.

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