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REAL ESTATE EQUITY SECURITIES (Tables)
 6 Months Ended
Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]  
Schedule of Real Estate Equity Securities The following table sets forth the number of shares owned by the Company and the related carrying value of the shares as of June 30, 2020 and December 31, 2019 (dollars in thousands):
June 30, 2020December 31, 2019
Real Estate Equity SecurityNumber of Shares OwnedTotal Carrying ValueNumber of Shares OwnedTotal Carrying Value
Keppel Pacific Oak US REIT64,165,352  $44,916  64,165,352  $50,049  
Franklin Street Properties Corp.5,211,021  26,524  2,773,729  23,743  
Plymouth Industrial REIT, Inc.408,148  5,224  415,841  7,647  
69,784,521  $76,664  67,354,922  $81,439  
Gain (Loss) on Investments
The following summarizes the portion of gain and loss for the period related to real estate equity securities held during the three and six months ended June 30, 2020 and 2019 (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2020201920202019
Net gain (loss) recognized during the period on real estate equity securities$11,360  $4,294  $(15,094) $15,459  
Less net gain recognized during the period on real estate equity securities sold during the period(347) —  (711) (3,397) 
Unrealized gain (loss) recognized during the reporting period on real estate equity securities held at the end of the period$11,013  $4,294  $(15,805) $12,062