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SCHEDULE III - REAL ESTATE AND ACCUMLATED DEPRECIATION (Information by Property) (Details) - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances $ 3,138,618      
Encumbrances 4,096,470      
Initial Cost        
Land 2,558,278      
Land 2,559,163      
Buildings and Improvements 3,153,071      
Buildings and Improvements 3,154,098      
Costs Capitalized Subsequent to Acquisition        
Land (549,581)      
Land (550,466)      
Buildings and Improvements 2,059,364      
Building Improvements 2,105,493      
Gross Amounts at Which Carried at Close of Period        
Land 2,008,697      
Land 2,008,697      
Buildings and Improvements 5,212,435      
Building Improvements 5,259,591      
Total 7,221,132      
Total 7,268,288 $ 6,163,287 $ 5,355,409 $ 4,979,840
Accumulated Depreciation (476,421)      
Accumulated Depreciation (507,933) (380,892) $ (321,882) $ (245,814)
Unamortized bond issuance costs (5,249) (6,096)    
Unamortized deferred financing costs (36,899) $ (27,902)    
Aggregate cost of land, building and improvements for federal income tax purposes 6,100,000      
Bridgeland        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 107,500      
Initial Cost        
Land [1] 260,223      
Buildings and Improvements [1] 0      
Costs Capitalized Subsequent to Acquisition        
Land 227,091      
Buildings and Improvements 1,822      
Gross Amounts at Which Carried at Close of Period        
Land [2] 487,314      
Buildings and Improvements [2] 1,822      
Total [2] 489,136      
Accumulated Depreciation (476)      
Lakeland Village Center at Bridgeland Cypress, TX        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 14,135      
Initial Cost        
Land [1] 2,404      
Buildings and Improvements [1] 11,135      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 3,306      
Gross Amounts at Which Carried at Close of Period        
Land [2] 2,404      
Buildings and Improvements [2] 14,441      
Total [2] 16,845      
Accumulated Depreciation (1,424)      
Lakeside Row        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 23,958      
Initial Cost        
Land [1] 0      
Buildings and Improvements [1] 0      
Costs Capitalized Subsequent to Acquisition        
Land 812      
Buildings and Improvements 42,065      
Gross Amounts at Which Carried at Close of Period        
Land [2] 812      
Buildings and Improvements [2] 42,065      
Total [2] 42,877      
Accumulated Depreciation (172)      
American City Building        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 13,534      
Costs Capitalized Subsequent to Acquisition        
Land [3] 0      
Buildings and Improvements [3] 1,043      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 14,577      
Total 14,577      
Accumulated Depreciation 0      
Columbia        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 457,552      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land [3] (440,909)      
Buildings and Improvements [3] 0      
Gross Amounts at Which Carried at Close of Period        
Land 16,643      
Buildings and Improvements 0      
Total 16,643      
Accumulated Depreciation 0      
10 - 70 Columbia Corporate Center        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 99,184      
Initial Cost        
Land 24,685      
Buildings and Improvements 94,824      
Costs Capitalized Subsequent to Acquisition        
Land [3] 0      
Buildings and Improvements [3] 26,511      
Gross Amounts at Which Carried at Close of Period        
Land 24,685      
Buildings and Improvements 121,335      
Total 146,020      
Accumulated Depreciation (20,345)      
Columbia Office Properties        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 1,175      
Buildings and Improvements 14,913      
Costs Capitalized Subsequent to Acquisition        
Land [3] 0      
Buildings and Improvements [3] (937)      
Gross Amounts at Which Carried at Close of Period        
Land 1,175      
Buildings and Improvements 13,976      
Total 15,151      
Accumulated Depreciation (5,362)      
Columbia Regional Building        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 24,664      
Initial Cost        
Land 0      
Buildings and Improvements 28,865      
Costs Capitalized Subsequent to Acquisition        
Land [3] 0      
Buildings and Improvements [3] 2,357      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 31,222      
Total 31,222      
Accumulated Depreciation (5,042)      
Juniper Apartments        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 34,610      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land [3] 0      
Buildings and Improvements [3] 84,635      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 84,635      
Total 84,635      
Accumulated Depreciation 0      
Lakefront        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 1,964      
Costs Capitalized Subsequent to Acquisition        
Land [3] 0      
Buildings and Improvements [3] 2,692      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 4,656      
Total 4,656      
Accumulated Depreciation 0      
Merriweather District        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land [3] 0      
Buildings and Improvements [3] 95,431      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 95,431      
Total 95,431      
Accumulated Depreciation 0      
Merriweather District Area 3 Standalone Retail        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land [3] 0      
Buildings and Improvements [3] 8,815      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 8,815      
Total 8,815      
Accumulated Depreciation 0      
6100 Merriweather        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 36,418      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land [3] 2,489      
Buildings and Improvements [3] 88,385      
Gross Amounts at Which Carried at Close of Period        
Land 2,489      
Buildings and Improvements 88,385      
Total 90,874      
Accumulated Depreciation (589)      
One Mall North        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 12,425      
Initial Cost        
Land 7,822      
Buildings and Improvements 10,818      
Costs Capitalized Subsequent to Acquisition        
Land [3] 0      
Buildings and Improvements [3] 906      
Gross Amounts at Which Carried at Close of Period        
Land 7,822      
Buildings and Improvements 11,724      
Total 19,546      
Accumulated Depreciation (983)      
One Merriweather        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 42,008      
Initial Cost        
Land 1,433      
Buildings and Improvements 58,936      
Costs Capitalized Subsequent to Acquisition        
Land [3] 0      
Buildings and Improvements [3] 15,401      
Gross Amounts at Which Carried at Close of Period        
Land 1,433      
Buildings and Improvements 74,337      
Total 75,770      
Accumulated Depreciation (6,255)      
Two Merriweather        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 28,216      
Initial Cost        
Land 1,019      
Buildings and Improvements 4,931      
Costs Capitalized Subsequent to Acquisition        
Land [3] 0      
Buildings and Improvements [3] 32,842      
Gross Amounts at Which Carried at Close of Period        
Land 1,019      
Buildings and Improvements 37,773      
Total 38,792      
Accumulated Depreciation (2,388)      
Ridgely Building        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 400      
Buildings and Improvements 58,937      
Costs Capitalized Subsequent to Acquisition        
Land [3] (400)      
Buildings and Improvements [3] (58,537)      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 400      
Total 400      
Accumulated Depreciation 0      
Sterrett Place        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 5,618      
Costs Capitalized Subsequent to Acquisition        
Land [3] 0      
Buildings and Improvements [3] 303      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 5,921      
Total 5,921      
Accumulated Depreciation (77)      
85 South Street        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 15,913      
Buildings and Improvements 8,137      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 1,341      
Gross Amounts at Which Carried at Close of Period        
Land 15,913      
Buildings and Improvements 9,478      
Total 25,391      
Accumulated Depreciation (3,311)      
Seaport Predevelopment        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 7,641      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 3,493      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 11,134      
Total 11,134      
Accumulated Depreciation 0      
Tin Building        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 8,290      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 59,037      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 67,327      
Total 67,327      
Accumulated Depreciation 0      
South Street Seaport - Pier 17        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 250,000      
Initial Cost        
Land 0      
Buildings and Improvements 468,476      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 195      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 468,671      
Total 468,671      
Accumulated Depreciation (24,912)      
Seaport District Historic Area/Uplands        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 7,884      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 112,532      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 120,416      
Total 120,416      
Accumulated Depreciation (13,418)      
250 Water Street        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 100,000      
Initial Cost        
Land 0      
Buildings and Improvements 179,471      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 330      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 179,801      
Total 179,801      
Accumulated Depreciation 0      
Aristocrat        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 38,092      
Initial Cost        
Land [1] 5,004      
Buildings and Improvements [1] 34,588      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 0      
Gross Amounts at Which Carried at Close of Period        
Land 5,004      
Buildings and Improvements 34,588      
Total 39,592      
Accumulated Depreciation (1,554)      
Constellation        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 24,200      
Initial Cost        
Land [1] 3,069      
Buildings and Improvements [1] 39,759      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 0      
Gross Amounts at Which Carried at Close of Period        
Land 3,069      
Buildings and Improvements 39,759      
Total 42,828      
Accumulated Depreciation (1,815)      
Downtown Summerlin        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 261,748      
Initial Cost        
Land [1] 30,855      
Buildings and Improvements [1] 364,100      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 38,175      
Gross Amounts at Which Carried at Close of Period        
Land 30,855      
Buildings and Improvements 402,275      
Total 433,130      
Accumulated Depreciation (75,151)      
Hockey Ground Lease SIDS        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 135      
Initial Cost        
Land [1] 0      
Buildings and Improvements [1] 0      
Costs Capitalized Subsequent to Acquisition        
Land 6,705      
Buildings and Improvements 2,198      
Gross Amounts at Which Carried at Close of Period        
Land 6,705      
Buildings and Improvements 2,198      
Total 8,903      
Accumulated Depreciation (128)      
Summerlin Ballpark        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 51,561      
Initial Cost        
Land [1] 0      
Buildings and Improvements [1] 179      
Costs Capitalized Subsequent to Acquisition        
Land 5,318      
Buildings and Improvements 122,626      
Gross Amounts at Which Carried at Close of Period        
Land 5,318      
Buildings and Improvements 122,805      
Total 128,123      
Accumulated Depreciation (5,100)      
Two Summerlin        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 33,283      
Initial Cost        
Land [1] 3,037      
Buildings and Improvements [1] 47,104      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 0      
Gross Amounts at Which Carried at Close of Period        
Land 3,037      
Buildings and Improvements 47,104      
Total 50,141      
Accumulated Depreciation (1,599)      
Summerlin        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 20,284      
Initial Cost        
Land [1] 990,179      
Buildings and Improvements [1] 0      
Costs Capitalized Subsequent to Acquisition        
Land (144,740)      
Buildings and Improvements 640      
Gross Amounts at Which Carried at Close of Period        
Land 845,439      
Buildings and Improvements 640      
Total 846,079      
Accumulated Depreciation (256)      
Tanager Apartments        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 29,434      
Initial Cost        
Land [1] 0      
Buildings and Improvements [1] 0      
Costs Capitalized Subsequent to Acquisition        
Land 9,633      
Buildings and Improvements 53,542      
Gross Amounts at Which Carried at Close of Period        
Land 9,633      
Buildings and Improvements 53,542      
Total 63,175      
Accumulated Depreciation (632)      
Century Park        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 19,816      
Buildings and Improvements 36,763      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 0      
Gross Amounts at Which Carried at Close of Period        
Land 19,816      
Buildings and Improvements 36,763      
Total 56,579      
Accumulated Depreciation 0      
Creekside Park Apartments        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 37,730      
Initial Cost        
Land 729      
Buildings and Improvements 40,116      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 0      
Gross Amounts at Which Carried at Close of Period        
Land 729      
Buildings and Improvements 40,116      
Total 40,845      
Accumulated Depreciation (1,468)      
Creekside Park Apartments phase II        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 5,749      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 5,749      
Total 5,749      
Accumulated Depreciation 0      
Creekside Park West        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 8,505      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 1,228      
Buildings and Improvements 17,673      
Gross Amounts at Which Carried at Close of Period        
Land 1,228      
Buildings and Improvements 17,673      
Total 18,901      
Accumulated Depreciation (95)      
Creekside Village Green        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 17,051      
Initial Cost        
Land 2,551      
Buildings and Improvements 33,822      
Costs Capitalized Subsequent to Acquisition        
Land (1,228)      
Buildings and Improvements (17,536)      
Gross Amounts at Which Carried at Close of Period        
Land 1,323      
Buildings and Improvements 16,286      
Total 17,609      
Accumulated Depreciation (2,902)      
Embassy Suites at Hughes Landing        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 27,970      
Initial Cost        
Land 0      
Buildings and Improvements 6,752      
Costs Capitalized Subsequent to Acquisition        
Land 1,818      
Buildings and Improvements 36,479      
Gross Amounts at Which Carried at Close of Period        
Land 1,818      
Buildings and Improvements 43,231      
Total 45,049      
Accumulated Depreciation (6,079)      
100 Fellowship Drive        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 47,916      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 0      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 0      
Total 0      
Accumulated Depreciation 0      
HHC 242 Self-Storage Woodlands, TX        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 5,499      
Initial Cost        
Land 878      
Buildings and Improvements 6,802      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 1,106      
Gross Amounts at Which Carried at Close of Period        
Land 878      
Buildings and Improvements 7,908      
Total 8,786      
Accumulated Depreciation (602)      
HHC 2978 Self-Storage Woodlands, TX        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 5,395      
Initial Cost        
Land 124      
Buildings and Improvements 5,498      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 2,063      
Gross Amounts at Which Carried at Close of Period        
Land 124      
Buildings and Improvements 7,561      
Total 7,685      
Accumulated Depreciation (542)      
One Hughes Landing        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 52,000      
Initial Cost        
Land 1,678      
Buildings and Improvements 34,761      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements (57)      
Gross Amounts at Which Carried at Close of Period        
Land 1,678      
Buildings and Improvements 34,704      
Total 36,382      
Accumulated Depreciation (9,689)      
Two Hughes Landing        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 48,000      
Initial Cost        
Land 1,269      
Buildings and Improvements 34,950      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements (282)      
Gross Amounts at Which Carried at Close of Period        
Land 1,269      
Buildings and Improvements 34,668      
Total 35,937      
Accumulated Depreciation (9,727)      
Three Hughes Landing        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 59,822      
Initial Cost        
Land 2,626      
Buildings and Improvements 46,372      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 31,161      
Gross Amounts at Which Carried at Close of Period        
Land 2,626      
Buildings and Improvements 77,533      
Total 80,159      
Accumulated Depreciation (8,453)      
1725 Hughes Landing Boulevard        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 56,772      
Initial Cost        
Land 1,351      
Buildings and Improvements 36,764      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 36,026      
Gross Amounts at Which Carried at Close of Period        
Land 1,351      
Buildings and Improvements 72,790      
Total 74,141      
Accumulated Depreciation (14,356)      
1735 Hughes Landing Boulevard        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 54,568      
Initial Cost        
Land 3,709      
Buildings and Improvements 97,651      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements (360)      
Gross Amounts at Which Carried at Close of Period        
Land 3,709      
Buildings and Improvements 97,291      
Total 101,000      
Accumulated Depreciation (17,780)      
Hughes Landing Daycare        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 138      
Buildings and Improvements 0      
Gross Amounts at Which Carried at Close of Period        
Land 138      
Buildings and Improvements 0      
Total 138      
Accumulated Depreciation 0      
Hughes Landing Retail        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 35,000      
Initial Cost        
Land 5,184      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 33,105      
Gross Amounts at Which Carried at Close of Period        
Land 5,184      
Buildings and Improvements 33,105      
Total 38,289      
Accumulated Depreciation (6,060)      
1701 Lake Robbins        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 3,658      
Initial Cost        
Land 1,663      
Buildings and Improvements 3,725      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 459      
Gross Amounts at Which Carried at Close of Period        
Land 1,663      
Buildings and Improvements 4,184      
Total 5,847      
Accumulated Depreciation (568)      
Lake Woodlands Crossing Retail        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 12,163      
Initial Cost        
Land 5,122      
Buildings and Improvements 11,440      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 0      
Gross Amounts at Which Carried at Close of Period        
Land 5,122      
Buildings and Improvements 11,440      
Total 16,562      
Accumulated Depreciation (458)      
2201 Lake Woodlands Drive        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 3,755      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 1,167      
Gross Amounts at Which Carried at Close of Period        
Land 3,755      
Buildings and Improvements 1,167      
Total 4,922      
Accumulated Depreciation (164)      
Lakefront North        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 32,731      
Initial Cost        
Land 10,260      
Buildings and Improvements 39,357      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 12,098      
Gross Amounts at Which Carried at Close of Period        
Land 10,260      
Buildings and Improvements 51,455      
Total 61,715      
Accumulated Depreciation (1,398)      
One Lakes Edge        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 69,440      
Initial Cost        
Land 1,057      
Buildings and Improvements 81,768      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 323      
Gross Amounts at Which Carried at Close of Period        
Land 1,057      
Buildings and Improvements 82,091      
Total 83,148      
Accumulated Depreciation (10,144)      
Two Lakes Edge        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 38,214      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 86,499      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 86,499      
Total 86,499      
Accumulated Depreciation 0      
Millennium Phase II Apartments        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 1      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 12,529      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 12,529      
Total 12,529      
Accumulated Depreciation 0      
Millennium Six Pines Apartments Woodlands, TX        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 42,500      
Initial Cost        
Land 4,000      
Buildings and Improvements 54,624      
Costs Capitalized Subsequent to Acquisition        
Land 7,225      
Buildings and Improvements 413      
Gross Amounts at Which Carried at Close of Period        
Land 11,225      
Buildings and Improvements 55,037      
Total 66,262      
Accumulated Depreciation (6,868)      
Millennium Waterway Apartments        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 53,032      
Initial Cost        
Land 15,917      
Buildings and Improvements 56,002      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 2,710      
Gross Amounts at Which Carried at Close of Period        
Land 15,917      
Buildings and Improvements 58,712      
Total 74,629      
Accumulated Depreciation (17,630)      
8770 New Trails        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 15,124      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 32,053      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 32,053      
Total 32,053      
Accumulated Depreciation 0      
9303 New Trails        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 11,196      
Initial Cost        
Land 1,929      
Buildings and Improvements 11,915      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 741      
Gross Amounts at Which Carried at Close of Period        
Land 1,929      
Buildings and Improvements 12,656      
Total 14,585      
Accumulated Depreciation (2,798)      
3831 Technology Forest Drive        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 21,137      
Initial Cost        
Land 514      
Buildings and Improvements 14,194      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 1,813      
Gross Amounts at Which Carried at Close of Period        
Land 514      
Buildings and Improvements 16,007      
Total 16,521      
Accumulated Depreciation (4,013)      
20/25 Waterway Avenue        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 13,131      
Initial Cost        
Land 2,346      
Buildings and Improvements 8,871      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements (59)      
Gross Amounts at Which Carried at Close of Period        
Land 2,346      
Buildings and Improvements 8,812      
Total 11,158      
Accumulated Depreciation (2,105)      
Waterway Garage Retail        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 1,341      
Buildings and Improvements 4,255      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 1,117      
Gross Amounts at Which Carried at Close of Period        
Land 1,341      
Buildings and Improvements 5,372      
Total 6,713      
Accumulated Depreciation (1,414)      
3 Waterway Square        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 47,647      
Initial Cost        
Land 748      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 42,318      
Gross Amounts at Which Carried at Close of Period        
Land 748      
Buildings and Improvements 42,318      
Total 43,066      
Accumulated Depreciation (12,688)      
4 Waterway Square        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 32,789      
Initial Cost        
Land 1,430      
Buildings and Improvements 51,553      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 6,208      
Gross Amounts at Which Carried at Close of Period        
Land 1,430      
Buildings and Improvements 57,761      
Total 59,191      
Accumulated Depreciation (15,482)      
The Westin at the Woodlands Woodlands, TX        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 41,793      
Initial Cost        
Land 22,473      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land (20,520)      
Buildings and Improvements 94,425      
Gross Amounts at Which Carried at Close of Period        
Land 1,953      
Buildings and Improvements 94,425      
Total 96,378      
Accumulated Depreciation (11,320)      
The Woodlands        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 107,500      
Initial Cost        
Land 269,411      
Buildings and Improvements 9,814      
Costs Capitalized Subsequent to Acquisition        
Land (82,637)      
Buildings and Improvements 10,558      
Gross Amounts at Which Carried at Close of Period        
Land 186,774      
Buildings and Improvements 20,372      
Total 207,146      
Accumulated Depreciation (2,714)      
The Woodlands Ground Leases        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 1,770      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 3,257      
Buildings and Improvements 0      
Gross Amounts at Which Carried at Close of Period        
Land 5,027      
Buildings and Improvements 0      
Total 5,027      
Accumulated Depreciation 0      
Woodlands Parking Garages        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 5,857      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 1,529      
Buildings and Improvements 12,038      
Gross Amounts at Which Carried at Close of Period        
Land 7,386      
Buildings and Improvements 12,038      
Total 19,424      
Accumulated Depreciation (1,812)      
2000 Woodlands Parkway        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 655      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 655      
Total 655      
Accumulated Depreciation (65)      
The Woodlands Resort & Conference Center        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 62,500      
Initial Cost        
Land 13,258      
Buildings and Improvements 37,983      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 79,415      
Gross Amounts at Which Carried at Close of Period        
Land 13,258      
Buildings and Improvements 117,398      
Total 130,656      
Accumulated Depreciation (24,368)      
The Woodlands Towers at The Waterway        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 336,570      
Initial Cost        
Land 11,044      
Buildings and Improvements 437,561      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 0      
Gross Amounts at Which Carried at Close of Period        
Land 11,044      
Buildings and Improvements 437,561      
Total 448,605      
Accumulated Depreciation 0      
The Woodlands Warehouse        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 7,230      
Initial Cost        
Land 4,480      
Buildings and Improvements 4,389      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 0      
Gross Amounts at Which Carried at Close of Period        
Land 4,480      
Buildings and Improvements 4,389      
Total 8,869      
Accumulated Depreciation 0      
1400 Woodloch Forest        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 1,570      
Buildings and Improvements 14,761      
Gross Amounts at Which Carried at Close of Period        
Land 1,570      
Buildings and Improvements 14,761      
Total 16,331      
Accumulated Depreciation (4,841)      
The Woodlands Hills        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 99,284      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 20,220      
Buildings and Improvements 0      
Gross Amounts at Which Carried at Close of Period        
Land 119,504      
Buildings and Improvements 0      
Total 119,504      
Accumulated Depreciation 0      
‘A‘ali‘i        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 30,717      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 143,559      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 143,559      
Total 143,559      
Accumulated Depreciation (1,816)      
Ae'o        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 9,795      
Buildings and Improvements 85,046      
Costs Capitalized Subsequent to Acquisition        
Land (9,795)      
Buildings and Improvements (83,884)      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 1,162      
Total 1,162      
Accumulated Depreciation (29)      
Anaha Condominiums        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 5,546      
Buildings and Improvements 47,450      
Costs Capitalized Subsequent to Acquisition        
Land (5,546)      
Buildings and Improvements (46,353)      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 1,097      
Total 1,097      
Accumulated Depreciation (57)      
Ke Kilohana        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 2,615      
Buildings and Improvements 17,784      
Costs Capitalized Subsequent to Acquisition        
Land (2,463)      
Buildings and Improvements (4,942)      
Gross Amounts at Which Carried at Close of Period        
Land 152      
Buildings and Improvements 12,842      
Total 12,994      
Accumulated Depreciation (290)      
Kewalo Basin Harbor        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 11,111      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 23,721      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 23,721      
Total 23,721      
Accumulated Depreciation (1,310)      
Kō'ula        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 47,483      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 47,483      
Total 47,483      
Accumulated Depreciation (1,402)      
Waiea Condominiums        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 20,812      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements (16,898)      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 3,914      
Total 3,914      
Accumulated Depreciation (93)      
Ward Predevelopment        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 24,069      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 54,310      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 78,379      
Total 78,379      
Accumulated Depreciation (1,779)      
Ward Village        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 245,436      
Initial Cost        
Land 164,007      
Buildings and Improvements 89,321      
Costs Capitalized Subsequent to Acquisition        
Land (76,405)      
Buildings and Improvements 280,901      
Gross Amounts at Which Carried at Close of Period        
Land 87,602      
Buildings and Improvements 370,222      
Total 457,824      
Accumulated Depreciation (83,280)      
Landmark Mall        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 28,396      
Buildings and Improvements 67,235      
Costs Capitalized Subsequent to Acquisition        
Land (28,396)      
Buildings and Improvements (10,344)      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 56,891      
Total 56,891      
Accumulated Depreciation (247)      
Monarch City        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 25,575      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land (25,575)      
Buildings and Improvements 28,609      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 28,609      
Total 28,609      
Accumulated Depreciation 0      
110 North Wacker        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 184,300      
Initial Cost        
Land 0      
Buildings and Improvements 29,035      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 334,492      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 363,527      
Total 363,527      
Accumulated Depreciation 0      
Outlet Collection at Riverwalk        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 30,615      
Initial Cost        
Land 0      
Buildings and Improvements 94,513      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements (578)      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 93,935      
Total 93,935      
Accumulated Depreciation (16,526)      
The Elk Grove Collection        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 0      
Initial Cost        
Land 0      
Buildings and Improvements 0      
Costs Capitalized Subsequent to Acquisition        
Land 0      
Buildings and Improvements 10,771      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Buildings and Improvements 10,771      
Total 10,771      
Accumulated Depreciation 0      
Corporate        
REAL ESTATE AND ACCUMULATED DEPRECIATION        
Encumbrances 1,000,000      
Initial Cost        
Land 885      
Buildings and Improvements 1,027      
Costs Capitalized Subsequent to Acquisition        
Land (885)      
Building Improvements 46,129      
Gross Amounts at Which Carried at Close of Period        
Land 0      
Building Improvements 47,156      
Total 47,156      
Accumulated Depreciation $ (31,512)      
[1]
The deferred tax impact was not meaningful for the years ended December 31, 2019 and 2018. Amount is net of deferred tax benefit of $0.1 million for the year ended December 31, 2017.
[2] The Company adopted Accounting Standards Update (“ASU”) 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, as of January 1, 2018.
[3]
The deferred tax impact is not meaningful for the year ended December 31, 2019. Amount is net of deferred tax expense of $0.5 million for the year ended December 31, 2018.