Consolidated Investments (Tables)

12 Months Ended

Dec. 31, 2015

As of December 31, 2015, the major components of our consolidated real estate properties were as follows (amounts in thousands):

Property	Land		Building and Improvements		Furniture, Fixtures and Equipment		Total
ARIUM Grandewood	$	5,200	$	36,915	$	760	$	42,875
ARIUM Palms		4,030		31,545		1,058		36,633
Ashton Reserve		5,900		58,636		1,838		66,374
Enders Place at Baldwin Park		5,453		22,281		1,481		29,215
Fox Hill		4,180		32,389		910		37,479
Lansbrook Village		7,224		52,331		1,798		61,353
MDA Apartments		9,500		51,558		753		61,811
Park & Kingston		3,360		26,438		465		30,263
Sorrel		6,710		44,607		2,847		54,164
Sovereign		2,800		38,480		2,130		43,410
Springhouse at Newport News		6,500		27,860		1,371		35,731
Village Green of Ann Arbor		4,200		51,568		1,744		57,512
	$	65,057	$	474,608	$	17,155	$	556,820
Less: accumulated depreciation		—		20,046		3,391		23,437
Total	$	65,057	$	454,562	$	13,764	$	533,383