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Related Party Transactions (Tables)
3 Months Ended
Mar. 31, 2020
Related Party Transactions [Abstract]  
Schedule of Assets and Liabilities of The Saint Mary, L.P. and Kingwood, L.P. Stratus will continue to evaluate which entity is the primary beneficiary of The Saint Mary, L.P. and the Kingwood, L.P. in accordance with applicable accounting guidance. The Saint Mary, L.P. and the Kingwood, L.P.’s results are consolidated in Stratus’ financial statements.
Stratus’ consolidated balance sheets include the following combined assets and liabilities of The Saint Mary, L.P. and the Kingwood, L.P. (in thousands):
March 31, 2020December 31, 2019
Assets:
Cash and cash equivalents$2,109  $1,110  
Real estate under development9,585  3,703  
Land available for development4,163  9,273  
Real estate held for investment64,263  64,637  
Other assets1,878  1,807  
Total assets$81,998  $80,530  
Liabilities:
Accounts payable and accrued liabilities$4,973  $8,680  
Debt51,974  45,848  
Total liabilities$56,947  $54,528  
Net assets$25,051  $26,002