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OPERATING SEGMENTS (Tables)
 3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Schedule of operating segment information

Presented below is the operating segment information for the three months ended March 31, 2017 and 2016 (dollars in thousands):

 

For the Three Months Ended March 31, 2017   Land     Other     Total  
Operating revenues   $ —     $ —     $ —  
Interest income     —       1,089       1,089  
Segment operating income (loss)   $ —     $ 1,089     $ 1,089  
                         
Real estate assets     —       —       —  

 

For the Three Months Ended March 31, 2016   Land     Other     Total  
Operating revenues   $ —     $ —     $ —  
Interest income     —       1,208       1,208  
Segment operating income (loss)   $ —     $ 1,208     $ 1,208  
                         
Real estate assets   $ 22,717     $ —     $ 22,717  

 
Schedule of segment information to the corresponding amounts in the consolidated statements of operations

The table below reconciles the segment information to the corresponding amounts in the Consolidated Statements of Operations (dollars in thousands):

 

    For the Three Months Ended March 31,  
    2017     2016  
Segment operating income   $ 1,089     $ 1,208  
Other non-segment items of income (expense)                
General and administrative     (130 )     (93 )
Net income fee     (60 )     (72 )
Advisory fee to related party     (162 )     (153 )
Other income     —       3  
Net income from continuing operations   $ 737     $ 893  

 
Schedule of segment information to the corresponding amounts in the consolidated balance sheets

The table below reconciles the segment information to the corresponding amounts in the Consolidated Balance Sheets (dollars in thousands):

 

    March 31,  
    2017     2016  
Real estate assets   $ 22,717     $ 22,717  
Notes and interest receivable     22,916       23,044  
Other assets     41,516       39,435  
Total assets   $ 87,149     $ 85,196