XML 59 R22.htm IDEA: XBRL DOCUMENT v3.20.1
REAL ESTATE SALES (Tables)
 3 Months Ended
Mar. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Revenue and Expenses of Real Estate Disposed 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  $549  
Other operating income—  21  
Total revenues102  570  
Expenses
Operating, maintenance, and management39  163  
Property management fees and expenses to affiliate1  8  
Real estate taxes and insurance14  75  
Asset management fees to affiliate10  54  
General and administrative expenses13  2  
Depreciation and amortization—  140  
Interest expense30  271  
Total expenses107  713  
Schedule of Assets and Liabilities of Properties Disposed
The following summary presents the major components of assets and liabilities related to real estate held for sale as of March 31, 2020 and December 31, 2019 (in thousands). No real estate properties were held for sale as of March 31, 2020:
March 31, 2020December 31, 2019
Assets related to real estate held for sale
Total real estate, at cost$—  $20,602  
Accumulated depreciation and amortization—  (2,008) 
Real estate held for sale, net—  18,594  
Other assets—  760  
Total assets related to real estate held for sale$—  $19,354  
Liabilities related to real estate held for sale
Total notes payable, net$—  $13,948  
Other liabilities—  1,057  
Total liabilities related to real estate held for sale$—  $15,005