INVESTMENTS IN REAL ESTATE (Tables)

6 Months Ended

Jun. 30, 2018

Banking And Thrift [Abstract]

Summary of Investments in Real Estate

The table below summarizes our investments in real estate:

	Book Value
	As of June 30, 2018			As of December 31, 2017
Multifamily real estate properties	$	17,230		$	17,163
Office real estate properties		77,056			130,125
Retail real estate properties		75,996			106,817
Parcels of land		20,567			20,567
Subtotal		190,849			274,672
Less: Accumulated depreciation and amortization		(13,671	)		(28,768	)
Investments in real estate, net (1)	$	177,178		$	245,904

(1) As of June 30, 2018, one of our office and one of our retail properties, with a combined carrying amount of $27,554, were considered held-for-sale. As of December 31, 2017, there were no properties considered held-for-sale.

Summary of Disposition and Each Property's Contribution

The below table summarizes the current year dispositions recorded at sale and also presents each property’s contribution to net income (loss) allocable to common shares, excluding the impact of the gain (loss) on sale

							Net income (loss) allocable to common shares
Property Name	Property Type	Date of Sale	Sale Price		Gain (loss) on sale		For the Three Months Ended June 30, 2018			For the Six Months Ended June 30, 2018
1501 Yamato Road (1)	Office	6/15/2018	$	42,050	$	906	$	(99	)	$	(259	)
Total			$	42,050	$	906	$	(99	)	$	(259	)

(1) We also recognized a loss on extinguishment of debt related to the sale of this property, resulting from a defeasance premium of $1,943.