XML 132 R79.htm IDEA: XBRL DOCUMENT v3.24.0.1
Schedule III: Real Estate and Accumulated Depreciation - Schedule of Real Estate and Accumulated Depreciation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Buildings and improvements $ 1,593,802 $ 1,322,381
Total real estate 2,214,623 1,963,483
Accumulated Depreciation (580,802) (530,722)
Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Encumbrances 1,153,944  
Initial Cost, Land 624,352  
Initial Cost, Buildings and Improvements 616,917  
Total Initial Acquisition Costs 1,241,269  
Costs Capitalized Subsequent to Consolidation 973,354  
Land 620,821  
Buildings and improvements 1,593,802  
Total real estate 2,214,623  
Accumulated Depreciation $ (580,802)  
Royal Crest Estates [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Marlborough, MA  
Encumbrances $ 69,918  
Initial Cost, Land 25,178  
Initial Cost, Buildings and Improvements 28,786  
Total Initial Acquisition Costs 53,964  
Costs Capitalized Subsequent to Consolidation 13,920  
Land 25,178  
Buildings and improvements 42,706  
Total real estate 67,884  
Accumulated Depreciation $ (36,076)  
Date Acquired Aug. 31, 2002  
Operating Segments [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Encumbrances $ 770,999  
Initial Cost, Land 262,408  
Initial Cost, Buildings and Improvements 402,517  
Total Initial Acquisition Costs 664,925  
Costs Capitalized Subsequent to Consolidation 306,536  
Land 262,409  
Buildings and improvements 709,052  
Total real estate 971,461  
Accumulated Depreciation $ (489,205)  
Stabilized [Member] | Royal Crest Estates [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Warwick, RI  
Initial Cost, Land $ 22,433  
Initial Cost, Buildings and Improvements 24,095  
Total Initial Acquisition Costs 46,528  
Costs Capitalized Subsequent to Consolidation 7,365  
Land 22,433  
Buildings and improvements 31,460  
Total real estate 53,893  
Accumulated Depreciation $ (26,018)  
Date Acquired Aug. 31, 2002  
Stabilized [Member] | Waterford Village [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Bridgewater, MA  
Initial Cost, Land $ 29,110  
Initial Cost, Buildings and Improvements 28,101  
Total Initial Acquisition Costs 57,211  
Costs Capitalized Subsequent to Consolidation 13,151  
Land 29,110  
Buildings and improvements 41,252  
Total real estate 70,362  
Accumulated Depreciation $ (35,370)  
Date Acquired Aug. 31, 2002  
Stabilized [Member] | Wexford Village [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Worcester, MA  
Initial Cost, Land $ 6,349  
Initial Cost, Buildings and Improvements 17,939  
Total Initial Acquisition Costs 24,288  
Costs Capitalized Subsequent to Consolidation 5,910  
Land 6,349  
Buildings and improvements 23,849  
Total real estate 30,198  
Accumulated Depreciation $ (18,364)  
Date Acquired Aug. 31, 2002  
Stabilized [Member] | Yacht Club at Brickell [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Miami, FL  
Encumbrances $ 79,691  
Initial Cost, Land 31,362  
Initial Cost, Buildings and Improvements 32,214  
Total Initial Acquisition Costs 63,576  
Costs Capitalized Subsequent to Consolidation 21,779  
Land 31,363  
Buildings and improvements 53,992  
Total real estate 85,355  
Accumulated Depreciation $ (32,845)  
Date Acquired Dec. 31, 2003  
Stabilized [Member] | Bluffs at Pacifica, The [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Pacifica, CA  
Initial Cost, Land $ 8,108  
Initial Cost, Buildings and Improvements 4,132  
Total Initial Acquisition Costs 12,240  
Costs Capitalized Subsequent to Consolidation 17,924  
Land 8,108  
Buildings and improvements 22,056  
Total real estate 30,164  
Accumulated Depreciation $ (15,327)  
Date Acquired Oct. 31, 2006  
Separate Portfolio [Member] | 118-122 West 23rd Street [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location New York, NY  
Encumbrances $ 16,472  
Initial Cost, Land 14,985  
Initial Cost, Buildings and Improvements 23,459  
Total Initial Acquisition Costs 38,444  
Costs Capitalized Subsequent to Consolidation 5,811  
Land 14,985  
Buildings and improvements 29,270  
Total real estate 44,255  
Accumulated Depreciation $ (12,768)  
Date Acquired Jun. 30, 2012  
Separate Portfolio [Member] | Royal Crest Estates [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Nashua, NH  
Encumbrances $ 173,435  
Initial Cost, Land 68,230  
Initial Cost, Buildings and Improvements 45,562  
Total Initial Acquisition Costs 113,792  
Costs Capitalized Subsequent to Consolidation 18,536  
Land 68,231  
Buildings and improvements 64,097  
Total real estate 132,328  
Accumulated Depreciation $ (56,642)  
Date Acquired Aug. 31, 2002  
Separate Portfolio [Member] | 1045 on the Park Apartments Homes [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Atlanta, GA  
Encumbrances $ 6,007  
Initial Cost, Land 2,793  
Initial Cost, Buildings and Improvements 6,662  
Total Initial Acquisition Costs 9,455  
Costs Capitalized Subsequent to Consolidation 1,446  
Land 2,793  
Buildings and improvements 8,108  
Total real estate 10,901  
Accumulated Depreciation $ (2,998)  
Date Acquired Jul. 31, 2013  
Separate Portfolio [Member] | 2200 Grace [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Lombard, IL  
Encumbrances $ 11,193  
Initial Cost, Land 642  
Initial Cost, Buildings and Improvements 7,788  
Total Initial Acquisition Costs 8,430  
Costs Capitalized Subsequent to Consolidation 310  
Land 642  
Buildings and improvements 8,098  
Total real estate 8,740  
Accumulated Depreciation $ (5,830)  
Date Acquired Aug. 31, 2018  
Separate Portfolio [Member] | 173 E. 90th Street [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location New York, NY  
Encumbrances $ 12,138  
Initial Cost, Land 12,066  
Initial Cost, Buildings and Improvements 4,535  
Total Initial Acquisition Costs 16,601  
Costs Capitalized Subsequent to Consolidation 9,021  
Land 12,067  
Buildings and improvements 13,555  
Total real estate 25,622  
Accumulated Depreciation $ (7,447)  
Date Acquired May 31, 2004  
Separate Portfolio [Member] | 237-239 Ninth Avenue [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location New York, NY  
Encumbrances $ 6,148  
Initial Cost, Land 8,495  
Initial Cost, Buildings and Improvements 1,866  
Total Initial Acquisition Costs 10,361  
Costs Capitalized Subsequent to Consolidation 2,160  
Land 8,494  
Buildings and improvements 4,027  
Total real estate 12,521  
Accumulated Depreciation $ (2,798)  
Date Acquired Mar. 31, 2005  
Separate Portfolio [Member] | Plantation Gardens [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Plantation, FL  
Encumbrances $ 60,133  
Initial Cost, Land 3,773  
Initial Cost, Buildings and Improvements 19,443  
Total Initial Acquisition Costs 23,216  
Costs Capitalized Subsequent to Consolidation 23,863  
Land 3,773  
Buildings and improvements 43,306  
Total real estate 47,079  
Accumulated Depreciation $ (32,870)  
Date Acquired Oct. 31, 1999  
Separate Portfolio [Member] | Willow Bend [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Rolling Meadows, IL  
Encumbrances $ 43,501  
Initial Cost, Land 2,717  
Initial Cost, Buildings and Improvements 15,437  
Total Initial Acquisition Costs 18,154  
Costs Capitalized Subsequent to Consolidation 18,997  
Land 2,717  
Buildings and improvements 34,434  
Total real estate 37,151  
Accumulated Depreciation $ (29,115)  
Date Acquired May 31, 1998  
Separate Portfolio [Member] | Yorktown Apartments [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Lombard, IL  
Encumbrances $ 46,857  
Initial Cost, Land 2,414  
Initial Cost, Buildings and Improvements 10,374  
Total Initial Acquisition Costs 12,788  
Costs Capitalized Subsequent to Consolidation 52,546  
Land 2,413  
Buildings and improvements 62,921  
Total real estate 65,334  
Accumulated Depreciation $ (46,041)  
Date Acquired Dec. 31, 1999  
Separate Portfolio [Member] | Bank Lofts [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Denver, CO  
Encumbrances $ 18,540  
Initial Cost, Land 3,525  
Initial Cost, Buildings and Improvements 9,045  
Total Initial Acquisition Costs 12,570  
Costs Capitalized Subsequent to Consolidation 5,498  
Land 3,525  
Buildings and improvements 14,543  
Total real estate 18,068  
Accumulated Depreciation $ (9,506)  
Date Acquired Apr. 30, 2001  
Separate Portfolio [Member] | Eldridge [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Elmhurst, IL  
Encumbrances $ 26,691  
Initial Cost, Land 3,483  
Initial Cost, Buildings and Improvements 35,706  
Total Initial Acquisition Costs 39,189  
Costs Capitalized Subsequent to Consolidation 68  
Land 3,483  
Buildings and improvements 35,774  
Total real estate 39,257  
Accumulated Depreciation $ (3,107)  
Date Acquired Aug. 31, 2021  
Separate Portfolio [Member] | Elm Creek [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Elmhurst, IL  
Encumbrances $ 78,095  
Initial Cost, Land 5,910  
Initial Cost, Buildings and Improvements 30,830  
Total Initial Acquisition Costs 36,740  
Costs Capitalized Subsequent to Consolidation 31,386  
Land 5,910  
Buildings and improvements 62,216  
Total real estate 68,126  
Accumulated Depreciation $ (42,430)  
Date Acquired Dec. 31, 1997  
Separate Portfolio [Member] | Evanston Place [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Evanston, IL  
Encumbrances $ 46,670  
Initial Cost, Land 3,232  
Initial Cost, Buildings and Improvements 25,546  
Total Initial Acquisition Costs 28,778  
Costs Capitalized Subsequent to Consolidation 18,291  
Land 3,232  
Buildings and improvements 43,837  
Total real estate 47,069  
Accumulated Depreciation $ (26,822)  
Date Acquired Dec. 31, 1997  
Separate Portfolio [Member] | Hillmeade [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Nashville, TN  
Encumbrances $ 46,026  
Initial Cost, Land 2,872  
Initial Cost, Buildings and Improvements 16,070  
Total Initial Acquisition Costs 18,942  
Costs Capitalized Subsequent to Consolidation 22,704  
Land 2,872  
Buildings and improvements 38,774  
Total real estate 41,646  
Accumulated Depreciation $ (28,777)  
Date Acquired Nov. 30, 1994  
Separate Portfolio [Member] | Hyde Park Tower [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Chicago, IL  
Encumbrances $ 29,484  
Initial Cost, Land 4,731  
Initial Cost, Buildings and Improvements 14,927  
Total Initial Acquisition Costs 19,658  
Costs Capitalized Subsequent to Consolidation 15,850  
Land 4,731  
Buildings and improvements 30,777  
Total real estate 35,508  
Accumulated Depreciation $ (18,054)  
Date Acquired Oct. 31, 2004  
Development and Redevelopment [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Encumbrances $ 301,442  
Initial Cost, Land 211,818  
Initial Cost, Buildings and Improvements 60,585  
Total Initial Acquisition Costs 272,403  
Costs Capitalized Subsequent to Consolidation 655,800  
Land 208,323  
Buildings and improvements 719,880  
Total real estate 928,203  
Accumulated Depreciation $ (15,790)  
Development and Redevelopment [Member] | Benson Hotel & Faculty Club, The [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Aurora, CO  
Initial Cost, Land $ 1,815  
Initial Cost, Buildings and Improvements 4,414  
Total Initial Acquisition Costs 6,229  
Costs Capitalized Subsequent to Consolidation 70,999  
Land 1,503  
Buildings and improvements 75,725  
Total real estate 77,228  
Accumulated Depreciation $ (4,204)  
Date Acquired Jan. 31, 2021  
Development and Redevelopment [Member] | One Edgewater [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Miami, FL  
Initial Cost, Land $ 20,045  
Total Initial Acquisition Costs 20,045  
Costs Capitalized Subsequent to Consolidation 4,633  
Land 19,847  
Buildings and improvements 4,831  
Total real estate $ 24,678  
Date Acquired Jul. 31, 2021  
Development and Redevelopment [Member] | Hamilton House [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Miami, FL  
Initial Cost, Land $ 11,467  
Total Initial Acquisition Costs 11,467  
Costs Capitalized Subsequent to Consolidation 11,325  
Land 11,467  
Buildings and improvements 11,325  
Total real estate $ 22,792  
Date Acquired Jul. 31, 2021  
Development and Redevelopment [Member] | Flying Horse [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Colorado Springs, CO  
Initial Cost, Land $ 4,257  
Total Initial Acquisition Costs 4,257  
Costs Capitalized Subsequent to Consolidation 3,818  
Land 4,269  
Buildings and improvements 3,806  
Total real estate $ 8,075  
Date Acquired Jul. 31, 2021  
Development and Redevelopment [Member] | Hamilton, The [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Miami, FL  
Encumbrances $ 100,323  
Initial Cost, Land 45,239  
Initial Cost, Buildings and Improvements 34,891  
Total Initial Acquisition Costs 80,130  
Costs Capitalized Subsequent to Consolidation 114,338  
Land 43,307  
Buildings and improvements 151,161  
Total real estate 194,468  
Accumulated Depreciation $ (10,637)  
Date Acquired Aug. 31, 2020  
Development and Redevelopment [Member] | Oak Shore [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Corte Madera, CA  
Encumbrances $ 5,148  
Costs Capitalized Subsequent to Consolidation 42,050  
Buildings and improvements 42,050  
Total real estate 42,050  
Accumulated Depreciation $ (39)  
Date Acquired Jun. 30, 2021  
Development and Redevelopment [Member] | Upton Place [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Washington, DC  
Encumbrances $ 121,298  
Initial Cost, Buildings and Improvements 21,280  
Total Initial Acquisition Costs 21,280  
Costs Capitalized Subsequent to Consolidation 258,881  
Buildings and improvements 280,161  
Total real estate 280,161  
Accumulated Depreciation $ (910)  
Date Acquired Dec. 31, 2020  
Development and Redevelopment [Member] | 300 W. Broward Blvd. [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Ft. Lauderdale, FL  
Initial Cost, Land $ 21,355  
Total Initial Acquisition Costs 21,355  
Costs Capitalized Subsequent to Consolidation 14,814  
Land 21,024  
Buildings and improvements 15,145  
Total real estate $ 36,169  
Date Acquired Jan. 31, 2022  
Development and Redevelopment [Member] | Fitzsimons Phase Four [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Aurora, CO  
Initial Cost, Land $ 2,016  
Total Initial Acquisition Costs 2,016  
Costs Capitalized Subsequent to Consolidation 1,187  
Land 2,040  
Buildings and improvements 1,163  
Total real estate $ 3,203  
Date Acquired Dec. 31, 2022  
Development and Redevelopment [Member] | Sears Parcel 1 [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Ft. Lauderdale, FL  
Initial Cost, Land $ 68,485  
Total Initial Acquisition Costs 68,485  
Costs Capitalized Subsequent to Consolidation 14,932  
Land 68,484  
Buildings and improvements 14,933  
Total real estate $ 83,417  
Date Acquired Jun. 30, 2022  
Development and Redevelopment [Member] | Sears Parcel 2 [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Ft. Lauderdale, FL  
Initial Cost, Land $ 20,737  
Total Initial Acquisition Costs 20,737  
Costs Capitalized Subsequent to Consolidation 2,519  
Land 20,573  
Buildings and improvements 2,683  
Total real estate $ 23,256  
Date Acquired Jul. 31, 2022  
Development and Redevelopment [Member] | Sears Parcel 3 [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Ft. Lauderdale, FL  
Initial Cost, Land $ 16,402  
Total Initial Acquisition Costs 16,402  
Costs Capitalized Subsequent to Consolidation 1,485  
Land 15,809  
Buildings and improvements 2,078  
Total real estate $ 17,887  
Date Acquired Jun. 30, 2022  
Development and Redevelopment [Member] | Bioscience 4 [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Aurora, CO  
Costs Capitalized Subsequent to Consolidation $ 4,173  
Buildings and improvements 4,173  
Total real estate $ 4,173  
Date Acquired Feb. 28, 2023  
Development and Redevelopment [Member] | Strathmore Phase 1 [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Washington, DC  
Encumbrances $ 74,673  
Costs Capitalized Subsequent to Consolidation 110,646  
Buildings and improvements 110,646  
Total real estate $ 110,646  
Date Acquired Feb. 28, 2022  
Development and Redevelopment [Member] | Operating Segments [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Buildings and improvements $ 719,880 447,101
Total real estate 928,203 658,918
Accumulated Depreciation $ (15,793) $ (2,378)
Other [Member] | St. George Villas [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location St. George, SC  
Encumbrances $ 203  
Initial Cost, Land 108  
Initial Cost, Buildings and Improvements 1,024  
Total Initial Acquisition Costs 1,132  
Costs Capitalized Subsequent to Consolidation 446  
Land 71  
Buildings and improvements 1,507  
Total real estate 1,578  
Accumulated Depreciation $ (1,398)  
Date Acquired Jan. 31, 2006  
Other [Member] | 1001 Brickell Bay Drive [Member] | Continuing Operations [Member]    
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]    
Location Miami, FL  
Encumbrances $ 81,300  
Initial Cost, Land 150,018  
Initial Cost, Buildings and Improvements 152,791  
Total Initial Acquisition Costs 302,809  
Costs Capitalized Subsequent to Consolidation 10,572  
Land 150,018  
Buildings and improvements 163,363  
Total real estate 313,381  
Accumulated Depreciation $ (74,409)  
Date Acquired Jul. 31, 2019