Operating Real Estate (Tables)

9 Months Ended

Sep. 30, 2020

Real Estate [Abstract]

Schedule of Operating Real Estate

The following table presents operating real estate, net (dollars in thousands):

	September 30, 2020 (Unaudited)		December 31, 2019
Land	$	236,036	$	236,036
Land improvements	23,700		23,287
Buildings and improvements	1,466,252		1,551,113
Tenant improvements	16,041		14,642
Construction in progress	1,593		4,956
Furniture, fixtures and equipment	106,408		100,998
Subtotal	$	1,850,030	$	1,931,032
Less: Accumulated depreciation	(278,334)		(230,814)
Operating real estate, net	$	1,571,696	$	1,700,218