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Real Estate Properties (Tables)
 6 Months Ended
Jun. 30, 2020
Real Estate [Abstract]  
Summary of real estate properties owned
Real estate properties consist of the following (dollars in thousands):
June 30, 2020December 31, 2019
Land$29,227  $29,227  
Building154,854  154,854  
Building improvements10,143  9,702  
  Real estate properties194,224  193,783  
Accumulated depreciation(27,464) (24,094) 
  Total real estate properties, net$166,760  $169,689  


A summary of real estate properties owned is as follows (dollars in thousands):
      

December 31, 2019
Balance		AdditionsDepreciation June 30, 2020
Balance
Multi-family$159,434  $441  $(3,315) $156,560  
Land - Daytona, FL8,021  —  —  8,021  
Shopping centers/Retail - Yonkers, NY2,234  —  (55) 2,179  
Total real estate properties$169,689  $441  $(3,370) $166,760  
Real estate properties of our unconsolidated joint ventures consist of the following (dollars in thousands):

June 30, 2020December 31, 2019
Land$148,341  $144,136  
Building1,028,205  993,643  
Building improvements39,960  37,163  
   Real estate properties1,216,506  1,174,942  
Accumulated depreciation(124,715) (104,001) 
    Total real estate properties, net$1,091,791  $1,070,941