CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets
Real estate, at cost	$ 935,635	$ 781,794
Real estate subject to sales contracts at cost, net of depreciation ($0 in 2015 and $2,300 in 2014)	47,192	20,395
Less accumulated depreciation	(138,808)	(113,068)
Total real estate	844,019	689,121
Notes and interest receivable
Performing (including $64,181 in 2015 and $77,853 in 2014 from related parties)	$ 71,376	84,863
Non-Performing		584
Less allowance for estimated losses (including $1,825 in 2015 and $1,825 in 2014 from related parties)	$ (1,825)	(1,990)
Total notes and interest receivable	69,551	83,457
Cash and cash equivalents	15,171	12,201
Restricted cash	44,060	48,238
Investments in unconsolidated subsidiaries and investees	5,243	1,543
Receivable from related party	90,515	58,404
Other assets	41,645	37,441
Total assets	1,110,204	930,405
Liabilities:
Notes and interest payable	772,636	588,749
Notes related to assets held for sale	376	1,552
Notes related to subject to sales contracts	6,422	18,616
Deferred revenue (including $50,645 in 2015 and $51,356 in 2014 from related parties)	71,021	51,356
Accounts payable and other liabilities (including $3,060 in 2015 and $4,909 in 2014 from related parties)	34,694	36,684
Total liabilities	885,149	696,957
Shareholders' equity:
Preferred stock, Series C: $0.01 par value, authorized 10,000,000 shares, issued and outstanding zero shares in 2015 and 2014 (liquidation preference $100 per share). Series D: $0.01 par value, authorized, issued and outstanding 100,000 shares in 2015 and 2014 (liquidation preference $100 per share)	1	1
Common Stock, $0.01 par value, authorized 10,000,000 shares, issued 8,717,967 shares in 2015 and 2014 and outstanding 8,717,767 in 2015 and 2014	87	87
Treasury stock at cost, 200 shares in 2015 and 2014	(2)	(2)
Paid-in capital	270,749	271,649
Retained earnings	(64,087)	(56,451)
Total Transcontinental Realty Investors, Inc. shareholders' equity	206,748	215,284
Non-controlling interest	18,307	18,164
Total shareholders' equity	225,055	233,448
Total liabilities and shareholders' equity	$ 1,110,204	$ 930,405