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SCHEDULE III REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION AND AMORTIZATION (Schedule) (Details)
$ in Thousands
12 Months Ended
Sep. 07, 2016
USD ($)
unit
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Real Estate and Accumulated Depreciation [Line Items]          
Gross Amount at which Carried at Close of Period, Total   $ 824,860 $ 730,962 $ 574,684 $ 1,227,207
Accumulated Depreciation and Amortization   (65,381) $ (49,842) $ (41,817) $ (120,176)
Aggregate cost of real estate for federal income tax purposes   940,100      
Debt, outstanding amount   678,080      
Subsidiary of Common Parent          
Real Estate and Accumulated Depreciation [Line Items]          
Interest rate on Class A non-voting preferred membership units 10.00%        
Proceeds from sale of units $ 800        
Disposed of by Sale | Subsidiary of Common Parent          
Real Estate and Accumulated Depreciation [Line Items]          
Number of real estate units | unit 820        
Richardson Portfolio Mortgage Loan | Mortgages          
Real Estate and Accumulated Depreciation [Line Items]          
Debt, outstanding amount   $ 36,000      
Park Highlands          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   100.00%      
Park Highlands II          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   100.00%      
Properties Held for Investment          
Real Estate and Accumulated Depreciation [Line Items]          
Initial Cost to Company, Land   $ 149,767      
Initial Cost to Company, Building and Improvements   594,224      
Initial Cost to Company, Total   743,991      
Cost Capitalized Subsequent to Acquisition   80,869      
Gross Amount at which Carried at Close of Period, Land   175,317      
Gross Amount at which Carried at Close of Period, Building and Improvements   649,543      
Gross Amount at which Carried at Close of Period, Total   824,860      
Accumulated Depreciation and Amortization   (65,381)      
Properties Held for Investment | Total Richardson Portfolio          
Real Estate and Accumulated Depreciation [Line Items]          
Encumbrances   36,000      
Initial Cost to Company, Land   5,107      
Initial Cost to Company, Building and Improvements   30,998      
Initial Cost to Company, Total   36,105      
Cost Capitalized Subsequent to Acquisition   9,315      
Gross Amount at which Carried at Close of Period, Land   6,244      
Gross Amount at which Carried at Close of Period, Building and Improvements   39,176      
Gross Amount at which Carried at Close of Period, Total   45,420      
Accumulated Depreciation and Amortization   $ (11,273)      
Properties Held for Investment | Palisades Central I          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   90.00%      
Initial Cost to Company, Land   $ 1,037      
Initial Cost to Company, Building and Improvements   8,628      
Initial Cost to Company, Total   9,665      
Cost Capitalized Subsequent to Acquisition   3,630      
Gross Amount at which Carried at Close of Period, Land   1,037      
Gross Amount at which Carried at Close of Period, Building and Improvements   12,258      
Gross Amount at which Carried at Close of Period, Total   13,295      
Accumulated Depreciation and Amortization   $ (3,565)      
Original Date of Construction   1980      
Date Acquired or Foreclosed on   Nov. 23, 2011      
Properties Held for Investment | Palisades Central II          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   90.00%      
Initial Cost to Company, Land   $ 810      
Initial Cost to Company, Building and Improvements   17,117      
Initial Cost to Company, Total   17,927      
Cost Capitalized Subsequent to Acquisition   3,889      
Gross Amount at which Carried at Close of Period, Land   810      
Gross Amount at which Carried at Close of Period, Building and Improvements   21,006      
Gross Amount at which Carried at Close of Period, Total   21,816      
Accumulated Depreciation and Amortization   $ (5,486)      
Original Date of Construction   1985      
Date Acquired or Foreclosed on   Nov. 23, 2011      
Properties Held for Investment | Greenway I          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   90.00%      
Initial Cost to Company, Land   $ 561      
Initial Cost to Company, Building and Improvements   1,170      
Initial Cost to Company, Total   1,731      
Cost Capitalized Subsequent to Acquisition   977      
Gross Amount at which Carried at Close of Period, Land   561      
Gross Amount at which Carried at Close of Period, Building and Improvements   2,147      
Gross Amount at which Carried at Close of Period, Total   2,708      
Accumulated Depreciation and Amortization   $ (901)      
Original Date of Construction   1983      
Date Acquired or Foreclosed on   Nov. 23, 2011      
Properties Held for Investment | Greenway III          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   90.00%      
Initial Cost to Company, Land   $ 702      
Initial Cost to Company, Building and Improvements   4,083      
Initial Cost to Company, Total   4,785      
Cost Capitalized Subsequent to Acquisition   (318)      
Gross Amount at which Carried at Close of Period, Land   702      
Gross Amount at which Carried at Close of Period, Building and Improvements   3,765      
Gross Amount at which Carried at Close of Period, Total   4,467      
Accumulated Depreciation and Amortization   $ (1,321)      
Original Date of Construction   1983      
Date Acquired or Foreclosed on   Nov. 23, 2011      
Properties Held for Investment | Undeveloped Land          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   90.00%      
Encumbrances   $ 0      
Initial Cost to Company, Land   1,997      
Initial Cost to Company, Building and Improvements   0      
Initial Cost to Company, Total   1,997      
Cost Capitalized Subsequent to Acquisition   1,137      
Gross Amount at which Carried at Close of Period, Land   3,134      
Gross Amount at which Carried at Close of Period, Building and Improvements   0      
Gross Amount at which Carried at Close of Period, Total   3,134      
Accumulated Depreciation and Amortization   $ 0      
Date Acquired or Foreclosed on   Nov. 23, 2011      
Properties Held for Investment | Park Highlands          
Real Estate and Accumulated Depreciation [Line Items]          
Encumbrances   $ 0      
Initial Cost to Company, Land   17,066      
Initial Cost to Company, Building and Improvements   0      
Initial Cost to Company, Total   17,066      
Cost Capitalized Subsequent to Acquisition   17,101      
Gross Amount at which Carried at Close of Period, Land   34,167      
Gross Amount at which Carried at Close of Period, Building and Improvements   0      
Gross Amount at which Carried at Close of Period, Total   34,167      
Accumulated Depreciation and Amortization   $ 0      
Date Acquired or Foreclosed on   Dec. 30, 2011      
Properties Held for Investment | Park Centre          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   100.00%      
Encumbrances   $ 21,970      
Initial Cost to Company, Land   3,251      
Initial Cost to Company, Building and Improvements   27,941      
Initial Cost to Company, Total   31,192      
Cost Capitalized Subsequent to Acquisition   6,511      
Gross Amount at which Carried at Close of Period, Land   3,251      
Gross Amount at which Carried at Close of Period, Building and Improvements   34,452      
Gross Amount at which Carried at Close of Period, Total   37,703      
Accumulated Depreciation and Amortization   $ (6,334)      
Original Date of Construction   2000      
Date Acquired or Foreclosed on   Mar. 28, 2013      
Properties Held for Investment | 1180 Raymond          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   100.00%      
Encumbrances   $ 30,250      
Initial Cost to Company, Land   8,292      
Initial Cost to Company, Building and Improvements   37,651      
Initial Cost to Company, Total   45,943      
Cost Capitalized Subsequent to Acquisition   1,477      
Gross Amount at which Carried at Close of Period, Land   8,292      
Gross Amount at which Carried at Close of Period, Building and Improvements   39,128      
Gross Amount at which Carried at Close of Period, Total   47,420      
Accumulated Depreciation and Amortization   $ (7,897)      
Original Date of Construction   1929      
Date Acquired or Foreclosed on   Aug. 20, 2013      
Properties Held for Investment | Park Highlands II          
Real Estate and Accumulated Depreciation [Line Items]          
Encumbrances   $ 0      
Initial Cost to Company, Land   20,118      
Initial Cost to Company, Building and Improvements   0      
Initial Cost to Company, Total   20,118      
Cost Capitalized Subsequent to Acquisition   6,960      
Gross Amount at which Carried at Close of Period, Land   27,078      
Gross Amount at which Carried at Close of Period, Building and Improvements   0      
Gross Amount at which Carried at Close of Period, Total   27,078      
Accumulated Depreciation and Amortization   $ 0      
Date Acquired or Foreclosed on   Dec. 10, 2013      
Properties Held for Investment | Richardson Land II          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   90.00%      
Encumbrances   $ 0      
Initial Cost to Company, Land   3,096      
Initial Cost to Company, Building and Improvements   0      
Initial Cost to Company, Total   3,096      
Cost Capitalized Subsequent to Acquisition   322      
Gross Amount at which Carried at Close of Period, Land   3,418      
Gross Amount at which Carried at Close of Period, Building and Improvements   0      
Gross Amount at which Carried at Close of Period, Total   3,418      
Accumulated Depreciation and Amortization   $ 0      
Date Acquired or Foreclosed on   Sep. 04, 2014      
Properties Held for Investment | Crown Pointe          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   100.00%      
Encumbrances   $ 51,171      
Initial Cost to Company, Land   22,590      
Initial Cost to Company, Building and Improvements   62,610      
Initial Cost to Company, Total   85,200      
Cost Capitalized Subsequent to Acquisition   10,326      
Gross Amount at which Carried at Close of Period, Land   22,590      
Gross Amount at which Carried at Close of Period, Building and Improvements   72,936      
Gross Amount at which Carried at Close of Period, Total   95,526      
Accumulated Depreciation and Amortization   $ (11,753)      
Original Date of Construction   1985/1989      
Date Acquired or Foreclosed on   Feb. 14, 2017      
Properties Held for Investment | Marquette Plaza          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   100.00%      
Encumbrances   $ 53,408      
Initial Cost to Company, Land   10,387      
Initial Cost to Company, Building and Improvements   75,878      
Initial Cost to Company, Total   86,265      
Cost Capitalized Subsequent to Acquisition   9,366      
Gross Amount at which Carried at Close of Period, Land   10,387      
Gross Amount at which Carried at Close of Period, Building and Improvements   85,244      
Gross Amount at which Carried at Close of Period, Total   95,631      
Accumulated Depreciation and Amortization   $ (7,119)      
Original Date of Construction   1972      
Date Acquired or Foreclosed on   Mar. 01, 2018      
Properties Held for Investment | City Tower          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   100.00%      
Encumbrances   $ 89,000      
Initial Cost to Company, Land   13,930      
Initial Cost to Company, Building and Improvements   136,068      
Initial Cost to Company, Total   149,998      
Cost Capitalized Subsequent to Acquisition   7,259      
Gross Amount at which Carried at Close of Period, Land   13,930      
Gross Amount at which Carried at Close of Period, Building and Improvements   143,327      
Gross Amount at which Carried at Close of Period, Total   157,257      
Accumulated Depreciation and Amortization   $ (12,823)      
Original Date of Construction   1988      
Date Acquired or Foreclosed on   Mar. 06, 2018      
Properties Held for Investment | Eight & Nine Corporate Centre          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   100.00%      
Encumbrances   $ 43,880      
Initial Cost to Company, Land   17,401      
Initial Cost to Company, Building and Improvements   58,794      
Initial Cost to Company, Total   76,195      
Cost Capitalized Subsequent to Acquisition   3,373      
Gross Amount at which Carried at Close of Period, Land   17,401      
Gross Amount at which Carried at Close of Period, Building and Improvements   62,167      
Gross Amount at which Carried at Close of Period, Total   79,568      
Accumulated Depreciation and Amortization   $ (4,356)      
Original Date of Construction   2007      
Date Acquired or Foreclosed on   Jun. 08, 2018      
Properties Held for Investment | Georgia 400 Center          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   100.00%      
Encumbrances   $ 59,690      
Initial Cost to Company, Land   11,400      
Initial Cost to Company, Building and Improvements   72,000      
Initial Cost to Company, Total   83,400      
Cost Capitalized Subsequent to Acquisition   8,134      
Gross Amount at which Carried at Close of Period, Land   11,431      
Gross Amount at which Carried at Close of Period, Building and Improvements   80,103      
Gross Amount at which Carried at Close of Period, Total   91,534      
Accumulated Depreciation and Amortization   $ (3,053)      
Original Date of Construction   2001      
Date Acquired or Foreclosed on   May 23, 2019      
Properties Held for Investment | Single-Family Homes Portfolio:          
Real Estate and Accumulated Depreciation [Line Items]          
Encumbrances   $ 61,900      
Initial Cost to Company, Land   17,129      
Initial Cost to Company, Building and Improvements   92,284      
Initial Cost to Company, Total   109,413      
Cost Capitalized Subsequent to Acquisition   725      
Gross Amount at which Carried at Close of Period, Land   17,128      
Gross Amount at which Carried at Close of Period, Building and Improvements   93,010      
Gross Amount at which Carried at Close of Period, Total   110,138      
Accumulated Depreciation and Amortization   $ (773)      
Properties Held for Investment | Birmingham Homes          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   100.00%      
Initial Cost to Company, Land   $ 2,442      
Initial Cost to Company, Building and Improvements   11,133      
Initial Cost to Company, Total   13,575      
Cost Capitalized Subsequent to Acquisition   75      
Gross Amount at which Carried at Close of Period, Land   2,444      
Gross Amount at which Carried at Close of Period, Building and Improvements   11,206      
Gross Amount at which Carried at Close of Period, Total   13,650      
Accumulated Depreciation and Amortization   $ (90)      
Original Date of Construction   Various      
Date Acquired or Foreclosed on   Nov. 04, 2019      
Properties Held for Investment | Houston Homes          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   100.00%      
Initial Cost to Company, Land   $ 6,157      
Initial Cost to Company, Building and Improvements   22,855      
Initial Cost to Company, Total   29,012      
Cost Capitalized Subsequent to Acquisition   183      
Gross Amount at which Carried at Close of Period, Land   6,154      
Gross Amount at which Carried at Close of Period, Building and Improvements   23,041      
Gross Amount at which Carried at Close of Period, Total   29,195      
Accumulated Depreciation and Amortization   $ (191)      
Original Date of Construction   Various      
Date Acquired or Foreclosed on   Nov. 04, 2019      
Properties Held for Investment | Jacksonville Homes          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   100.00%      
Initial Cost to Company, Land   $ 2,986      
Initial Cost to Company, Building and Improvements   24,236      
Initial Cost to Company, Total   27,222      
Cost Capitalized Subsequent to Acquisition   175      
Gross Amount at which Carried at Close of Period, Land   2,986      
Gross Amount at which Carried at Close of Period, Building and Improvements   24,411      
Gross Amount at which Carried at Close of Period, Total   27,397      
Accumulated Depreciation and Amortization   $ (210)      
Original Date of Construction   Various      
Date Acquired or Foreclosed on   Nov. 04, 2019      
Properties Held for Investment | Memphis Homes          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   100.00%      
Initial Cost to Company, Land   $ 2,679      
Initial Cost to Company, Building and Improvements   15,767      
Initial Cost to Company, Total   18,446      
Cost Capitalized Subsequent to Acquisition   163      
Gross Amount at which Carried at Close of Period, Land   2,679      
Gross Amount at which Carried at Close of Period, Building and Improvements   15,930      
Gross Amount at which Carried at Close of Period, Total   18,609      
Accumulated Depreciation and Amortization   $ (131)      
Original Date of Construction   Various      
Date Acquired or Foreclosed on   Nov. 04, 2019      
Properties Held for Investment | Atlanta Homes          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   100.00%      
Initial Cost to Company, Land   $ 783      
Initial Cost to Company, Building and Improvements   3,870      
Initial Cost to Company, Total   4,653      
Cost Capitalized Subsequent to Acquisition   34      
Gross Amount at which Carried at Close of Period, Land   783      
Gross Amount at which Carried at Close of Period, Building and Improvements   3,904      
Gross Amount at which Carried at Close of Period, Total   4,687      
Accumulated Depreciation and Amortization   $ (38)      
Original Date of Construction   Various      
Date Acquired or Foreclosed on   Nov. 04, 2019      
Properties Held for Investment | Oklahoma Homes          
Real Estate and Accumulated Depreciation [Line Items]          
Ownership Percent   100.00%      
Initial Cost to Company, Land   $ 2,082      
Initial Cost to Company, Building and Improvements   14,423      
Initial Cost to Company, Total   16,505      
Cost Capitalized Subsequent to Acquisition   95      
Gross Amount at which Carried at Close of Period, Land   2,082      
Gross Amount at which Carried at Close of Period, Building and Improvements   14,518      
Gross Amount at which Carried at Close of Period, Total   16,600      
Accumulated Depreciation and Amortization   $ (113)      
Original Date of Construction   Various      
Date Acquired or Foreclosed on   Nov. 04, 2019