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REAL ESTATE OWNED (Tables)
9 Months Ended
Sep. 30, 2020
REAL ESTATE OWNED  
Summary of carrying amounts for real estate owned (at cost)

    

September 30, 

    

December 31, 

2020

2019

Land

$

2,144,489

$

2,164,032

Depreciable property — held and used:

 

  

 

  

Land improvements

 

230,291

 

224,964

Building, improvements, and furniture, fixtures and equipment

 

10,118,451

 

10,102,758

Real estate intangible assets

40,570

40,570

Under development:

 

  

 

  

Land and land improvements

 

56,361

 

29,226

Building, improvements, and furniture, fixtures and equipment

 

141,462

 

40,551

Real estate held for disposition:

 

  

 

  

Land and land improvements

 

9,654

 

Building, improvements, and furniture, fixtures and equipment

 

119,742

 

Real estate owned

 

12,861,020

 

12,602,101

Accumulated depreciation

 

(4,512,771)

 

(4,131,353)

Real estate owned, net

$

8,348,249

$

8,470,748