Rental Properties, Net (Tables)

9 Months Ended

Sep. 30, 2020

Real Estate [Abstract]

Schedule of Investments in Rental Properties

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

	September 30, 2020			December 31, 2019
Land	$	119,028		$	119,028
Building and improvements		723,620			720,420
Furniture, fixtures and equipment		27,411			25,906
Construction in progress		748			1,955
		870,807			867,309
Less: accumulated depreciation		(161,603	)		(131,779	)
	$	709,204		$	735,530