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INVESTMENT IN UNCONSOLIDATED VENTURES - Balance Sheet Information (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
ASSETS      
Real estate properties, net of accumulated depreciation of $69,970 and $66,945 $ 635,836 $ 651,603  
Cash and cash equivalents 23,512 20,281  
Other Assets 15,741 17,284  
Total Assets 709,963 732,616  
Liabilities:      
Mortgages payable, net of deferred costs of $1,135 and $1,421 422,427 403,792  
Accounts payable and accrued liabilities 21,948 22,631  
Total Liabilities 481,518 482,546  
Commitments and contingencies  
Equity:      
Total unconsolidated joint venture equity 228,445 250,070 $ 202,951
Total Liabilities and Equity 709,963 732,616  
Real estate properties, net of accumulated depreciation 80,499 55,195  
Deferred costs 4,266 4,443  
Real estate properties, net 635,836 651,603  
Asset under Construction      
ASSETS      
Real estate properties, net of accumulated depreciation of $69,970 and $66,945 46,509 24,335  
Equity:      
Real estate properties, net 46,509 24,335  
Unconsolidated Joint Ventures      
ASSETS      
Real estate properties, net of accumulated depreciation of $69,970 and $66,945 275,874 318,304  
Cash and cash equivalents 6,447 6,591  
Other Assets 54,715 35,372  
Total Assets 337,036 360,267  
Liabilities:      
Mortgages payable, net of deferred costs of $1,135 and $1,421 246,966 255,261  
Accounts payable and accrued liabilities 8,751 8,222  
Total Liabilities 255,717 263,483  
Commitments and contingencies  
Equity:      
Total unconsolidated joint venture equity 81,319 96,784  
Total Liabilities and Equity 337,036 360,267  
Company equity interest in all joint venture equity 34,242 42,576  
Real estate properties, net of accumulated depreciation 69,970 66,945  
Real estate properties, net 275,874 318,304  
Mortgages payable      
Equity:      
Deferred costs 4,009 4,166  
Mortgages payable | Unconsolidated Joint Ventures      
Equity:      
Deferred costs $ 1,135 $ 1,421