REAL ESTATE HELD FOR SALE (Tables)

3 Months Ended

Mar. 31, 2020

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Assets and Liabilities of Real Estate Held-for-Sale

The following summary presents the components of real estate held for sale, net as of March 31, 2020 and December 31, 2019 (in thousands):

	March 31, 2020		December 31, 2019
Real estate held for sale, net:
Total real estate, at cost	$	128,297	$	127,346
Accumulated depreciation and amortization	(5,082)		(5,082)
Total real estate held for sale, net	$	123,215	$	122,264

Schedule of Revenue and Expenses of Real Estate Held-for-Sale

The following table summarizes certain revenues and expenses related to the Singapore Portfolio and the multifamily apartment complex held through a consolidated joint venture for the three months ended March 31, 2020 and 2019 (in thousands):

	For the Three Months Ended March 31,
	2020		2019
Revenues
Rental income	$	1,070	$	28,551
Other operating income	236		3,198
Total revenues	$	1,306	$	31,749
Expenses
Operating, maintenance, and management	$	846	$	6,894
Real estate taxes and insurance	117		3,899
Asset management fees to affiliate	129		2,001
General and administrative expenses	50		—
Depreciation and amortization	—		12,639
Interest expense	—		7,409
Total expenses	$	1,142	$	32,842