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Related Party Transactions (Tables)
9 Months Ended
Sep. 30, 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):
September 30, 2020December 31, 2019
Assets:
Cash and cash equivalents$3,212 $1,110 
Real estate under development2,381 3,703 
Land available for development8,317 9,273 
Real estate held for investment67,994 64,637 
Other assets2,186 1,807 
Total assets84,090 80,530 
Liabilities:
Accounts payable and accrued liabilities3,724 8,680 
Debt56,277 45,848 
Total liabilities60,001 54,528 
Net assets$24,089 $26,002