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REAL ESTATE SALES
3 Months Ended
Mar. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
REAL ESTATE SALES REAL ESTATE SALES
During the three months ended March 31, 2020, the Company sold one office property. The results of operations for the property sold during the three months ended March 31, 2020 are included in continuing operations on the Company’s consolidated statements of operations. As of March 31, 2020, the Company did not have any real estate properties held for sale. The following table summarizes certain revenue and expenses related to the property that was sold during the three months ended March 31, 2020, which were included in continuing operations (in thousands):
For the Three Months Ended March 31,
20202019
Revenues
Rental income$102  $549  
Other operating income—  21  
Total revenues102  570  
Expenses
Operating, maintenance, and management39  163  
Property management fees and expenses to affiliate  
Real estate taxes and insurance14  75  
Asset management fees to affiliate10  54  
General and administrative expenses13   
Depreciation and amortization—  140  
Interest expense30  271  
Total expenses107  713  

The following summary presents the major components of assets and liabilities related to real estate held for sale as of March 31, 2020 and December 31, 2019 (in thousands). No real estate properties were held for sale as of March 31, 2020:
March 31, 2020December 31, 2019
Assets related to real estate held for sale
Total real estate, at cost$—  $20,602  
Accumulated depreciation and amortization—  (2,008) 
Real estate held for sale, net—  18,594  
Other assets—  760  
Total assets related to real estate held for sale$—  $19,354  
Liabilities related to real estate held for sale
Total notes payable, net$—  $13,948  
Other liabilities—  1,057  
Total liabilities related to real estate held for sale$—  $15,005