XML 24 R28.htm IDEA: XBRL DOCUMENT v3.20.1
Rental Properties, Net (Tables)
 12 Months Ended
Dec. 31, 2019
Real Estate [Abstract]  
Schedule of Investments in Rental Properties

The Company’s investments in rental properties consisted of the following (in thousands):

 

 

 

December 31,

2019

 

 

December 31,

2018

 

Land

 

$

119,028

 

 

$

119,028

 

Building and improvements

 

 

720,420

 

 

 

716,839

 

Furniture, fixtures and equipment

 

 

25,906

 

 

 

23,903

 

Construction in progress

 

 

1,955

 

 

 

490

 

 

 

 

867,309

 

 

 

860,260

 

Less: accumulated depreciation

 

 

(131,779

)

 

 

(92,522

)

 

 

$

735,530

 

 

$

767,738

 

Assets held for sale - rental properties

 

 

-

 

 

 

42,863

 

 

 

$

735,530

 

 

$

810,601