Schedule III REAL ESTATE AND ACCUMULATED DEPRECIATION

12 Months Ended

Dec. 31, 2015

SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]

REAL ESTATE AND ACCUMULATED DEPRECIATION

Schedule III

TRANSCONTINENTAL REALTY INVESTORS, INC.

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2015

			Initial Cost				Cost Capitalized Subsequent to Acquisition		Asset Impairment			Gross Amounts of Which Carried at End of Year										Life on Which Depreciation
Property/Location	Encumbrances		Land		Buildings		Improvements		Asset Impairment			Land		Building & Improvements		Total		Accumulated Depreciation		Date of Construction	Date Acquired	In Latest Statement of Operation is Computed
(dollars in thousands)
Properties Held for Investment Apartments
Anderson Estates, Oxford, MS		822		378		2,683		313		—			378		2,996		3,373		665	2003	01/06	40 years
Blue Lake Villas I, Waxahachie, TX		10,725		526		10,784		292		—			526		11,076		11,602		3,531	2003	01/02	40 years
Blue Lake Villas II, Waxahachie, TX		3,894		287		4,451		45		—			287		4,496		4,783		907	2004	01/04	40 years
Breakwater Bay, Beaumont, TX		9,427		740		10,435		63		—			740		10,498		11,238		2,856	2004	05/03	40 years
Bridgewood Ranch, Kaufman, TX		6,444		762		6,856		9		—			762		6,865		7,627		1,377	2007	04/08	40 years
Capitol Hill, Little Rock, AR		9,043		1,860		7,948		55		—			1,860		8,002		9,862		2,300	2003	03/03	40 years
Centennial, Oak Ridge, TN		21,061		2,570		22,588		—		—			2,570		22,588		25,159		235	2011	07/14	40 years
Curtis Moore Estates, Greenwood, MS		1,486		186		5,733		886		—			186		6,618		6,805		1,606	2003	01/06	40 years
Crossing at Opelika, Opelika, AL		13,790		1,579		14,215		—		—			1,579		14,215		15,794		—	2015	12/15	40 years
Dakota Arms, Lubbock, TX		12,514		921		12,644		231		—			921		12,875		13,796		3,538	2004	01/04	40 years
David Jordan Phase II, Greenwood, MS		574		51		1,521		269		—			51		1,790		1,841		417	1999	01/06	40 years
David Jordan Phase III, Greenwood, MS		588		83		2,115		420		—			83		2,535		2,618		530	2003	01/06	40 years
Desoto Ranch, DeSoto, TX		15,352		1,472		17,856		65		—			1,472		17,921		19,393		5,318	2002	05/02	40 years
Falcon Lakes, Arlington, TX		12,739		1,438		15,094		339		—			1,438		15,433		16,871		5,196	2001	10/01	40 years
Heather Creek, Mesquite, TX		11,342		1,326		12,015		69		—			1,326		12,084		13,410		3,321	2003	03/03	40 years
Holland Lake, Weatherford, TX		11,823		1,449		14,612		—		—			1,449		14,612		16,061		244	2004	05/14	40 years
Lake Forest, Houston, TX		12,199		335		12,267		1,553		—			335		13,820		14,155		3,568	2004	01/04	40 years
Legacy at Pleasant Grove, Texarkana, TX		15,009		2,005		17,892		—		—			2,005		17,892		19,897		485	2006	12/14	40 years
Lodge at Pecan Creek, Denton, TX		16,383		1,349		16,180		—		—			1,349		16,180		17,529		1,685	2011	10/05	40 years
Mansions of Mansfield, Mansfield, TX		15,604		977		17,799		54		—			977		17,853		18,829		3,014	2009	09/05	40 years
Mission Oaks, San Antonio, TX		14,900		1,266		16,627		212		—			1,266		16,839		18,105		3,659	2005	05/05	40 years
Monticello Estate, Monticello, AR		458		36		1,493		263		—			36		1,756		1,793		385	2001	01/06	40 years
Northside on Travis, Sherman, TX		13,319		1,301		14,560		—		—			1,301		14,560		15,861		2,305	2009	10/07	40 years
Oak Hollow, Sequin, TX		10,885		1,435		12,405		—					1,435		12,405		13,840		155	2011	07/14	40 years
Overlook at Allensville, Sevierville, TN		11,487		1,228		12,297							1,228		12,297		13,524		252	2012	10/15	40 years
Parc at Clarksville, Clarksville, TN		12,869		571		14,300		118		—			571		14,419		14,990		2,658	2007	06/02	40 years
Parc at Denham Springs, Denham Springs, LA		18,780		1,022		20,188		8		—			1,022		20,195		21,218		2,506	2011	07/07	40 years
Parc at Maumelle, Little Rock, AR		15,942		1,153		17,688		647		—			1,153		18,335		19,488		4,252	2006	12/04	40 years
Parc at Metro Center, Nashville, TN		10,478		960		12,226		556		—			960		12,782		13,742		3,047	2006	05/05	40 years
Parc at Rogers, Rogers, AR		20,750		1,482		22,993		286		(3,180	)		1,482		20,099.69		21,582		3,823	2007	04/04	40 years
Preserve at Pecan Creek, Denton, TX		14,489		885		16,626		59		—			885		16,685		17,570		3,054	2008	10/05	40 years
Preserve at Prairie Pointe, Lubbock, TX		10,181		1,074		10,603		178					1,074		10,782		11,856		182	2005	04/15	40 years
Riverwalk Phase I, Greenville, MS		292		23		1,537		180		—			23		1,718		1,741		425	2003	01/06	40 years
Riverwalk Phase II, Greenville, MS		1,123		52		4,007		376		—			52		4,383		4,435		1,364	2003	01/06	40 years
Sonoma Court, Rockwall, TX		10,754		941		11,074				—			941		11,074		12,014		1,223	2011	07/10	40 years
Sugar Mill, Baton Rouge, LA		11,396		1,437		13,367		160		—			1,437		13,527		14,964		2,160	2009	08/08	40 years
Toulon, Gautier, MS		20,600		1,621		20,107		372		—			1,621		20,479		22,099		2,262	2011	09/09	40 years
Tradewinds, Midland, TX		15,601		3,542		19,939							3,542		19,939		23,481		249	2015	06/15	40 years
Treehouse, Irving, TX		5,642		312		2,807		286		—			312		3,093		3,405		831	1974	05/04	40 years
Villager, Ft. Walton, FL		753		156		1,408							156		1,408		1,564		21	1972	06/15	40 years
Villas at Park West I, Pueblo, CO		10,565		1,171		10,453				—			1,171		10,453		11,624		283	2005	12/14	40 years
Villas at Park West II, Pueblo, CO		9,554		1,463		13,060		—		—			1,463		13,060		14,523		354	2010	12/14	40 years
Vista Ridge, Tupelo, MS		10,786		1,339		13,398							1,339		13,398		14,737		501	2009	10/15	40 years
Vistas of Vance Jackson, San Antonio, TX		15,310		1,265		16,540		189		—			1,265		16,728		17,993		4,308	2004	01/04	40 years
Waterford, Roseberg, TX		16,069		2,349		20,880							2,349		20,880		23,229		261	2013	06/14	40 years
Westwood, Mary Ester, FL		4,244		692		6,650							692		6,650		7,343		97	1972	06/15	40 years
Whispering Pines, Topeka, KS		8,720		289		4,831		1,274					289		6,105		6,393		5,674	1974	04/15	40 years
Windsong, Fort Worth, TX		10,734		790		11,526		69		—			790		11,595		12,385		3,429	2002	07/03	40 years
Total Apartments Held for Investment	$	507,498	$	50,150	$	569,276	$	9,895	$	(3,180	)	$	50,150	$	575,991	$	626,141	$	90,511

Schedule III

(Continued)

TRANSCONTINENTAL REALTY INVESTORS, INC.

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2015

			Initial Cost					Cost Capitalized Subsequent to Acquisition			Asset Impairment			Gross Amounts of Which Carried at End of Year											Life on Which Depreciation
Property/Location	Encumbrances		Land			Buildings		Improvements			Asset Impairment			Land			Building & Improvements		Total		Accumulated Depreciation		Date of Construction	Date Acquired	In Latest Statement of Operation is Computed
(dollars in thousands)
Apartments Under Construction
Parc at Mansfield, Mansfield, TX		9,544		543			—		10,457			—			543			10,457		11,001		—	—	12/14	—
Terra Lago, Rowlett, TX		136		(1,142	)				3,329						(1,142	)		3,329		2,186			—	11/15	—
Eagle Crossing, Dallas, TX		1,459		4,380					663						4,380			663		5,043			—	11/15	—
Total Apartments Under Construction	$	11,139	$	3,781		$	—	$	14,449		$	—		$	3,781		$	14,449	$	18,229	$	—
Commercial
600 Las Colinas, Las Colinas, TX		39,836		5,751			51,759		15,149			—			5,751			66,908		72,659		20,869	1984	08/05	40 years
770 South Post Oak, Houston, TX		12,700		1,755			15,834		26						1,755			15,860		17,615		233	1970	07/15	40 years
Bridgeview Plaza, LaCrosse, WI		5,813		—			—		976			—			—			976		976		437	1979	03/03	40 years
Browning Place (Park West I), Farmers Branch, TX		22,459		5,096			45,868		13,228			—			5,096			59,096		64,192		18,754	1984	04/05	40 years
Mahogany Run Golf Course, US Virgin Islands		43		7,168			5,942		5			(5,300	)		7,168			647		7,815		173	1981	11/14	40 years
Fruitland Plaza, Fruitland Park, FL		—		23			—		83			—			23			83		106		37	—	05/92	40 years
Senlac VHP, Farmers Branch, TX		—		622			—		142			—			622			142		765		128	—	08/05	40 years
Stanford Center, Dallas, TX		28,000		3,878			34,862		6,447			(9,600	)		3,878			31,709		35,587		7,464	—	06/08	40 years
Thermalloy, Farmers Branch, TX		42		791			1,061		—						791			1,061		1,852		201	—	05/08	40 years
Total Commercial Held for Investment	$	108,893	$	25,085		$	155,325	$	36,057		$	(14,900	)	$	25,085		$	176,482	$	201,567	$	48,297
Land
2427 Valley View Ln, Farmers Branch, TX		—		76					—			—			76.03			—		76		—	—	07/12	—
Audubon, Adams County, MS		—		519			—		297			—			815			—		815		—	—	03/07	—
Bonneau Land, Farmers Branch, TX		—		1,309			—		—			—			1,309			—		1,309		—	—	12/14	—
Cooks Lane, Fort Worth, TX		604		1,094			—		—			—			1,094			—		1,094		—	—	06/04	—
Dedeaux, Gulfport, MS		—		1,612			—		46			(38	)		1,620			—		1,620		—	—	10/06	—
Denham Springs, Denham Springs, LA		234		339			—		—			—			339			—		339		—	—	08/08	—
Gautier Land, Gautier, MS		—		202			—		—			—			202			—		202		—	—	07/98	—
Hollywood Casino Land Tract II, Farmers Branch, TX		2,814		3,192			—		1,024			—			4,217			—		4,217		—	—	03/08	—
Lacy Longhorn Land, Farmers Branch, TX		—		1,169			—		(760	)		—			408			—		408		—	—	06/04	—
Lake Shore Villas, Humble, TX		—		81			—		3			—			84			—		84		—	—	03/02	—
Lubbock Land, Lubbock, TX		—		234			—		—			—			234			—		234		—	—	01/04	—
Luna Ventures, Farmers Branch TX		—		2,934			—		—			—			2,934			—		2,934		—	—	04/08	—
Mandahl Bay Land		—		667			—		—			—			667					667		—	—	01/05	—
Manhattan Land, Farmers Branch, TX		—		4,799			—		6,047			—			10,846			—		10,846		—	—	02/00	—
McKinney 36, Collin County, TX		1,523		1,564			—		302			(46	)		1,820			—		1,820		—	—	01/98	—
McKinney Ranch Land, McKinney, TX		—		8,537			—		271			(1,363	)		7,445			—		7,445		—	—	12/05	—
Minivest Land, Dallas, TX		—		7			—		—			—			7			—		7		—	—	04/13	—
Mira Lago, Farmers Branch, TX		—		59			—		15			—			74			—		74		—	—	05/01	—
Nakash, Malden, MO		—		113			—		—			—			113			—		113		—	—	01/93	—
Nashville, Nashville, TN		—		1,256			—		113			—			1,369			—		1,369		—	—	06/02	—
Nicholson Croslin, Dallas, TX		—		184			—		(118	)		—			66			—		66		—	—	10/98	—
Nicholson Mendoza, Dallas, TX		—		80			—		(51	)		—			29			—		29		—	—	10/98	—
Ocean Estates, Gulfport, MS		—		1,418			—		390			—			1,808			—		1,808		—	—	10/07	—
Senlac Land Tract II, Farmers Branch, TX		—		656			—		—			—			656			—		656		—	—	08/05	—
Sugar Mill Land, Baton Rouge, LA		178		445			—		242			—			687			—		687		—	—	08/13	—
Texas Plaza Land, Irving, TX		—		1,738			—		—			(238	)		1,500			—		1,500		—	—	12/06	—
Travis Ranch Land, Kaufman County, TX		757		1,030			—		—			—			1,030			—		1,030		—	—	08/08	—
Travis Ranch Retail, Kaufman City, TX		—		1,517			—		—			—			1,517			—		1,517		—	—	08/08	—
Union Pacific Railroad Land, Dallas, TX		—		130			—		—			—			130			—		130		—	—	03/04	—
Valley View 34 (Mercer Crossing), Farmers Branch, T		—		1,173			—		(945	)		—			228			—		228		—	—	08/08	—
Waco Swanson, Waco, TX		—		173			—		—			—			173			—		173		—	—	08/06	—
Willowick Land, Pensacola, FL		—		137			—		—			—			137			—		137		—	—	01/95	—
Windmill Farms Land, Kaufman County, TX		26,732		49,879			—		17,192			(21,009	)		46,062			—		46,062		—	—	11/11	—
Total Land Held for Investment	$	32,842	$	88,324		$	—	$	24,067		$	(22,695	)	$	89,697		$	—	$	89,697	$	—

Schedule III

(Continued)

TRANSCONTINENTAL REALTY INVESTORS, INC.

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2015

				Initial Cost				Cost Capitalized Subsequent to Acquisition			Asset Impairment			Gross Amounts of Which Carried at End of Year												Life on Which Depreciation
Property/Location	Encumbrances			Land		Buildings		Improvements			Asset Impairment			Land		Building & Improvements		Total		Accumulated Depreciation		Date of Construction		Date Acquired		In Latest Statement of Operation is Computed
(dollars in thousands)
Corporate Departments/Investments/Misc.
TCI - Corporate		130,170			—		—		—			—			—		—		—		—	—		—		—
Total Corporate Departments/Investments/Misc.	$	130,170		$	—	$	—	$	—		$	—		$	—	$	—	$	—	$	—
Total Properties Held for Investment	$	790,543		$	167,340	$	724,601	$	84,468		$	(40,775	)	$	168,713	$	766,922	$	935,635	$	138,808
Properties Held for Sale
Commercial
Dunes Plaza, Michigan City, IN		376			—		—		—			—			—		—		—		—	1978		03/92		40 years
Total Commercial Held for Sale	$	376		$	—	$	—	$	—		$	—		$	—	$	—	$	—	$	—
Total Properties Held for Sale	$	376		$	—	$	—	$	—		$	—		$	—	$	—	$	—	$	—
Properties Subject to Sales Contract
Apartments
															—		—		—
Total Aparments Subject to Sales Contract	$	—		$	—	$	—	$	—		$	—		$	—	$	—	$	—	$	—
Commercial
									—													—
Total Commercial Subject to Sales Contract	$	—		$	—	$	—	$	—		$	—		$	—	$	—	$	—	$	—
Dominion Tract, Dallas, TX	$	3,419		$	2,439	$	—	$	53			(133	)	$	2,359	$	—	$	2,359	$	—	—		03/99		—
Hollywood Casino Tract I, Farmers Branch, TX		1,502			3,350		—		146			(176	)	$	3,320		—	$	3,320		—	—		06/02		—
LaDue Land, Farmers Branch, TX		—			1,845		—		—			—		$	1,845		—	$	1,845		—	—		07/98		—
Three Hickory Land, Farmers Branch, TX		—			1,202		—		—			—		$	1,202		—	$	1,202		—	—		03/14		—
Travelers Land, Farmers Branch, TX		—			21,511		—		4			—		$	21,515		—	$	21,515		—	—		11/06		—
Travelers Land, Farmers Branch, TX		—			6,891		—		(4,978	)		—		$	1,913		—	$	1,913		—	—		11/06		—
Walker Land, Dallas County, TX		—			19,167		—		(5,992	)		—		$	13,175		—	$	13,175		—	—		09/06		—
Whorton Land, Bentonville, AR		1,032			4,291		—		568			(2,996	)	$	1,863		—	$	1,863		—	—		06/05		—
Total Land Subject to Sales Contract	$	5,953		$	60,696	$	—	$	(10,199	)	$	(3,305	)	$	47,192	$	—	$	47,192	$	—
Total Properties Subject to Sales Contract	$	5,953		$	60,696	$	—	$	(10,199	)	$	(3,305	)	$	47,192	$	—	$	47,192	$	—
Land Sold
Red Cross Land	$	(25	)	$	—	$	—	$	—			—		$	—	$	—	$	—	$	—	—		—		—
Total Land Sold	$	(25	)	$	—	$	—	$	—		$	—		$	—	$	—	$	—	$	—	$	—	$	—	$	—
TOTAL: Real Estate	$	796,846		$	228,036	$	724,601	$	74,269		$	(44,080	)	$	215,905	$	766,922	$	982,827	$	138,808

REAL ESTATE AND ACCUMULATED DEPRECIATION

As of December 31, 2015

							SCHEDULE III (Continued)
	2015			2014			2013
	(dollars in thousansds)
Reconciliation of Real Estate
Balance at January 1,	$	804,489		$	828,093		$	1,063,634
Additions
Acquisitions, improvements and construction		222,423			71,423			9,182
Deductions
Sale of real estate		(38,785	)		(95,027	)		(233,617	)
Asset impairments		(5,300	)		—			(11,106	)
Balance at December 31,	$	982,827		$	804,489		$	828,093
Reconciliation of Accumulated Depreciation Balance at January 1,	$	115,368		$	132,291		$	166,684
Additions
Depreciation		25,565			17,145			20,520
Deductions
Sale of real estate		(2,125	)		(34,068	)		(54,913	)
Balance at December 31,	$	138,808		$	115,368		$	132,291