CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Assets
Real estate, at cost	$ 1,007,055	$ 935,635
Real estate subject to sales contracts at cost, net of depreciation	47,192	47,192
Less accumulated depreciation	(154,399)	(138,808)
Total real estate	899,848	844,019
Notes and interest receivable:
Performing (including $70,543 in 2016 and $64,181 in 2015 from related parties)	74,529	71,376
Less allowance for doubtful accounts (including $1,825 in 2016 and 2015 from related parties)	(1,825)	(1,825)
Total notes and interest receivable	72,704	69,551
Cash and cash equivalents	7,339	15,171
Restricted cash	33,488	44,060
Investments in unconsolidated joint ventures and investees	2,469	5,243
Receivable from related party	91,367	90,515
Other assets	44,333	41,645
Total assets	1,151,548	1,110,204
Liabilities:
Notes and interest payable	817,268	772,636
Notes related to real estate held for sale	376	376
Notes related to real estate subject to sales contracts	5,815	6,422
Deferred revenue (including $50,669 in 2016 and $50,645 in 2015 to related parties)	71,054	71,021
Accounts payable and other liabilities (including $6,267 in 2016 and $5,845 in 2015 to related parties)	35,892	34,694
Total liabilities	930,405	885,149
Shareholders' equity:
Preferred stock, Series C: $0.01 par value, authorized 10,000,000 shares; issued and outstanding zero shares in 2016 and 2015. Series D: $0.01 par value, authorized, issued and outstanding 100,000 shares in 2016 and 2015 (liquidation preference $100 per share)	1	1
Common stock, $0.01 par value, authorized 10,000,000 shares; issued 8,717,967 shares in 2016 and 2015; outstanding 8,717,767 shares in 2016 and 2015	87	87
Treasury stock at cost, 200 shares in 2016 and 2015	(2)	(2)
Paid-in capital	270,076	270,749
Retained earnings	(67,515)	(64,087)
Total Transcontinental Realty Investors, Inc. shareholders' equity	202,647	206,748
Non-controlling interest	18,496	18,307
Total shareholders' equity	221,143	225,055
Total liabilities and shareholders' equity	$ 1,151,548	$ 1,110,204