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REAL ESTATE OWNED (Tables)
3 Months Ended
Mar. 31, 2020
REAL ESTATE OWNED  
Summary of carrying amounts for real estate owned (at cost)

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March 31, 

    

December 31, 

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2020

​

2019

Land

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$

2,163,055

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$

2,164,032

Depreciable property — held and used:

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​

 

  

Land improvements

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225,850

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224,964

Building, improvements, and furniture, fixtures and equipment

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10,178,547

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10,102,758

Real estate intangible assets

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​

40,570

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​

40,570

Under development:

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Land and land improvements

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29,226

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29,226

Building, improvements, and furniture, fixtures and equipment

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66,100

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40,551

Real estate held for disposition:

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Land and land improvements

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16,245

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—

Building, improvements, and furniture, fixtures and equipment

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98,405

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—

Real estate owned

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12,817,998

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12,602,101

Accumulated depreciation

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(4,272,471)

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(4,131,353)

Real estate owned, net

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$

8,545,527

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$

8,470,748