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OPERATING SEGMENTS (Tables)
 6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of operating segment information

Presented below is the operating segment information for the three months ended June 30, 2017 and 2016 (dollars in thousands):

For the Three Months Ended June 30, 2017  Land  Other  Total
Interest income       1,119    1,119 
Segment operating income  $—     $1,119   $1,119 
Real estate assets  $22,717   $—     $22,717 
          
For the Three Months Ended June 30, 2016  Land  Other  Total
Interest income   —      1,085    1,086 
Segment operating income  $—     $1,085   $1,086 
Real estate assets  $22,717   $—     $22,717 

 

Presented below is the operating segment information for the six months ended June 30, 2017 and 2016 (dollars in thousands):

For the Six Months Ended June 30, 2017  Land  Other  Total
Rental and other property revenues            $—   
Property operating expenses             —   
Mortgage and loan interest             —   
Interest income from related parties        2,208    2,208 
Segment operating income (loss)  $—     $2,208   $2,208 
Real estate assets  $22,717   $—     $22,717 
                
For the Six Months Ended June 30, 2016  Land  Other  Total
Rental and other property revenues            $—   
Property operating expenses            $—   
Mortgage and loan interest            $—   
Interest income from related parties        2,293   $2,293 
Segment operating income (loss)  $—     $2,293   $2,293 
Real estate assets  $22,717   $—     $22,717 
Schedule of segment information to the corresponding amounts in the consolidated statements of operations

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

   For the Three Months Ended
   June 30,
   2017  2016
Segment operating income  $1,119   $1,085 
Other non-segment items of income (expense)          
General and administrative   (119)   (128)
Net income fee   (77)   (54)
Advisory fee to related party   (164)   (160)
Other income   250    —   
Net income from continuing operations  $1,009   $743 

 

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

   Six Months Ended June 30,
   2017  2016
Segment operating income  $2,208   $2,293 
Other non-segment items of income (expense)          
General and administrative   (249)   (221)
Net income fee to related party   (137)   (126)
Advisory fee to related party   (326)   (313)
Other income   250    3 
Net income from continuing operations  $1,746   $1,636 
Schedule of segment information to the corresponding amounts in the consolidated balance sheets

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

   As of June 30,
   2017  2016
Real estate assets  $22,717   $22,717 
Notes and interest receivable   15,061    23,763 
Other assets   50,357    39,477 
Total assets  $88,135   $85,957