Schedule III Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2019

Real Estate And Accumulated Depreciation Disclosure [Abstract]

Schedule III Real Estate and Accumulated Depreciation

Column A	Column B		Column C		Column D		Column E		Column F			Column G	Column H
Description	Encumbrances		Initial cost to Company		Cost capitalized subsequent to acquisition		Gross Amount at which carried at close of period		Accumulated Depreciation			Date of Construction	Date Acquired
Real estate owned:
Residential	$	-	$	9,149	$	3,425	$	12,574	$	(3,967	)	1980	6/4/2014
Dallas, Texas
Residential		19,264		31,856		5,058		36,914		(7,276	)	1989	3/30/2015
Atlanta, Georgia
Residential		42,650		45,653		7,384		53,037		(10,819	)	1990	5/19/2015
Chapel Hill, North Carolina
Residential		19,629		30,003		7,106		37,109		(7,271	)	1968	8/21/2015
Homewood, Alabama
Residential		33,210		20,667		3,291		23,958		(4,821	)	1979	8/27/2015
Dallas, Texas
Residential		23,737		40,194		5,218		45,412		(8,132	)	1995	9/24/2015
Atlanta Georgia
Residential		19,958		32,130		3,441		35,571		(5,830	)	2004	10/29/2015
Portland, Oregon
Residential		47,845		66,213		5,967		72,180		(11,432	)	1991	12/18/2015
Naperville, Illinois
Residential		36,913		64,181		4,330		68,511		(8,629	)	1997	12/18/2015
Boulder, Colorado
Residential		39,782		59,059		6,036		65,095		(9,959	)	1984	1/22/2016
Centennial, Colorado
Residential		26,241		55,466		6,776		62,242		(10,478	)	2001	3/23/2016
Austin, Texas
Residential		51,833		80,155		5,741		85,896		(11,711	)	1985	5/17/2016
Portland, Oregon
Residential		45,700		68,454		7,796		76,250		(11,192	)	1991	6/28/2016
Irving, Texas
Residential		37,222		47,817		575		48,392		(5,474	)	1986	12/22/2016
Buffalo Grove, Illinois
Residential		37,744		49,775		1,459		51,234		(6,298	)	1984	12/23/2016
Burnsville, Minnesota
Residential		40,402		54,057		1,012		55,069		(5,634	)	1998	4/4/2017
Glendale, Arizona
Residential		29,944		37,205		660		37,865		(2,856	)	1989	10/31/2017
Lombard, Illinois
'	$	552,074	$	792,034	$	75,275	$	867,309	$	(131,779	)

	Years Ended December 31,
	2019			2018
	(in thousands)
Investments in real estate:
Balance at beginning of the year	$	912,534		$	898,729
Additions during the year:		—			—
Acquisitions		—			-
Improvements, etc.		8,156			15,486
Dispositions during the year:		(53,381	)		(1,681	)
Balance at end of year	$	867,309		$	912,534
Accumulated Depreciation:
Balance at beginning of year	$	(101,933	)	$	(61,758	)
Depreciation		(39,599	)		(40,611	)
Disposals		9,753			436
Balance at the end of year	$	(131,779	)	$	(101,933	)