Schedule III - Real Estate and Accumulated Depreciation (Tables)

12 Months Ended

Dec. 31, 2018

Notes Tables

SEC Schedule III, Real Estate and Accumulated Depreciation, by Property [Table Text Block]

Encumbrances at December 31, 201 8					Initial Costs								Gross Amounts at Which Carried at December 31, 2018
Property	Location	Description	Encum- brances		Land		Building and Improv- ements		Real Estate Under Develop.		Cost Capitalized Subsequent to Acquisition		Land		Building and Improv- ements		Real Estate Under Develop.		Total		Accumu- lated Deprecia- tion		Date Acquired
Tribeca House	Manhattan, NY	Residential/Commercial	$	360,000	$	273,103	$	283,137		—	$	18,843	$	273,103	$	301,980		—	$	575,083	$	33,088	Dec-14
Aspen	Manhattan, NY	Residential/Commercial		68,199		49,230		43,080		—		422		49,230		43,502		—		92,732		2,714	June-16
Flatbush Gardens	Brooklyn, NY	Residential		246,000		89,965		49,607		—		36,505		90,051		86,026		—		176,077		36,859	Oct-05
107 Columbia Hghts	Brooklyn, NY	Residential		64,731		—		—	$	87,616		37,851		—		—	$	125,467		125,467		—	May-17
10 West 65 th St.	Manhattan, NY	Residential		34,350		63,677		15,337		—		407		63,677		15,744		—		79,421		708	Oct-17
250 Livingston St.	Brooklyn, NY	Commercial/Residential		75,000		10,452		20,204		—		7,739		10,452		27,943		—		38,395		11,168	May-02
141 Livingston St.	Brooklyn, NY	Commercial		77,333		10,830		12,079		—		6,115		10,830		18,194		—		29,024		5,925	May-02
			$	925,613	$	497,257	$	423,444	$	87,616	$	107,882	$	497,343	$	493,389	$	125,467	$	1,116,199	$	90,462

Summarized Activity for Real Estate and Accumulated Depreciation [Table Text Block]

	2018			2017		2016
Investment in real estate:
Balance at beginning of period	$	1,070,606		$	881,251	$	770,779
Acquisition of real estate		—			166,630		92,310
Additions during period		45,642			22,725		18,162
Write-off of assets as a result of involuntary conversion		(49	)		—		—
Balance at end of period	$	1,116,199		$	1,070,606	$	881,251

Accumulated depreciation:
Balance at beginning of period	$	73,714		$	58,174	$	44,672
Depreciation expense		16,765			15,540		13,502
Write-off of assets as a result of involuntary conversion		(17	)		—		—
Balance at end of period	$	90,462		$	73,714	$	58,174