SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION

12 Months Ended

Dec. 31, 2016

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

SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION

	Schedule III
TRANSCONTINENTAL REALTY INVESTORS, INC.
REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2016

							Cost Capitalized
							Subsequent to		Asset			Gross Amounts of Which													Life on Which
			Initial Cost				Acquisition		Impairment			Carried at End of Year													Depreciation
																									In Latest
																									Statement
									Asset					Building &				Accumulated		Date of		Date			of Operation
Property/Location	Encumbrances		Land		Buildings		Improvements		Impairment			Land		Improvements		Total		Depreciation		Construction		Acquired			is Computed
	(dollars in thousands)
Properties Held for Investment
Apartments
Anderson Estates, Oxford, MS		796		378		2,683		313		—			378		2,996		3,373		732		2003		01	/06	40 years
Blue Lake Villas I, Waxahachie, TX		10,589		526		11,057		19		—			526		11,076		11,602		3,809		2003		01	/02	40 years
Blue Lake Villas II, Waxahachie, TX		3,832		287		4,451		45		—			287		4,496		4,783		1,023		2004		01	/04	40 years
Breakwater Bay, Beaumont, TX		9,271		740		10,435		63		—			740		10,498		11,238		3,123		2004		05	/03	40 years
Bridgewood Ranch, Kaufman, TX		6,340		762		6,856		57		—			762		6,913		7,675		1,553		2007		04	/08	40 years
Capitol Hill, Little Rock, AR		8,893		1,860		7,948		55		—			1,860		8,003		9,862		2,506		2003		03	/03	40 years
Centennial, Oak Ridge, TN		20,794		2,570		22,589		—		—			2,570		22,589		25,159		800		2011		07	/14	40 years
Curtis Moore Estates, Greenwood, MS		1,444		847		5,733		285		—			847		6,018		6,864		1,772		2003		01	/06	40 years
Crossing at Opelika, Opelika, AL		14,700		1,590		14,314		—		—			1,590		14,314		15,904		267		2015		12	/15	40 years
Dakota Arms, Lubbock, TX		12,356		921		12,644		358		—			921		13,002		13,923		3,860		2004		01	/04	40 years
David Jordan Phase II, Greenwood, MS		563		277		1,521		70		—			277		1,591		1,868		461		1999		01	/06	40 years
David Jordan Phase III, Greenwood, MS		573		439		2,115		64		—			439		2,179		2,618		590		2003		01	/06	40 years
Desoto Ranch, DeSoto, TX		15,119		1,472		17,854		65		—			1,472		17,919		19,391		5,772		2002		05	/02	40 years
Falcon Lakes, Arlington, TX		13,530		1,437		15,095		449		—			1,437		15,544		16,981		5,566		2001		10	/01	40 years
Heather Creek, Mesquite, TX		11,162		1,345		12,015		50		—			1,345		12,065		13,410		3,626		2003		03	/03	40 years
Holland Lake, Weatherford, TX		11,669		1,450		14,611		—		—			1,450		14,611		16,061		609		2004		05	/14	40 years
Lake Forest, Houston, TX		12,007		927		12,267		1,023		—			927		13,290		14,217		3,919		2004		01	/04	40 years
Legacy at Pleasant Grove, Texarkana, TX		14,757		2,005		17,892		—		—			2,005		17,892		19,897		932		2006		12	/14	40 years
Lodge at Pecan Creek, Denton, TX		16,174		1,349		16,180		—		—			1,349		16,180		17,529		2,090		2011		10	/05	40 years
Mansions of Mansfield, Mansfield, TX		15,347		977		17,799		75		—			977		17,874		18,851		3,465		2009		09	/05	40 years
Metropolitan Apartments, North Little Rock, AR		24,303		3,229		29,004		—		—			3,229		29,004		32,233		363		2010		06	/16	40 years
Mission Oaks, San Antonio, TX		14,670		1,266		16,627		212		—			1,266		16,839		18,105		4,077		2005		05	/05	40 years
Monticello Estate, Monticello, AR		445		285		1,493		15		—			285		1,508		1,793		422		2001		01	/06	40 years
Northside on Travis, Sherman, TX		13,099		1,300		14,560		27		—			1,300		14,587		15,887		2,671		2009		10	/07	40 years
Oak Hollow, Sequin, TX		11,832		1,435		12,406		—		—			1,435		12,406		13,841		465		2011		07	/14	40 years
Oceanaire Apartments, Biloxi, MS		11,374		1,397		12,575		—		—			1,397		12,575		13,972		567		2009		12	/16	40 years
Overlook at Allensville, Sevierville, TN		13,607		1,228		12,296		—		—			1,228		12,296		13,524		—		2012		10	/15	40 years
Parc at Clarksville, Clarksville, TN		12,658		587		14,300		103		—			587		14,403		14,990		3,022		2007		06	/02	40 years
Parc at Denham Springs, Denham Springs, LA		18,520		1,022		20,188		8		—			1,022		20,196		21,218		3,012		2011		07	/07	40 years
Parc at Maumelle, Little Rock, AR		15,694		1,710		17,688		218		—			1,710		17,906		19,617		4,759		2006		12	/04	40 years
Parc at Metro Center, Nashville, TN		10,316		1,044		12,226		476		—			1,044		12,702		13,746		3,359		2006		05	/05	40 years
Parc at Rogers, Rogers, AR		20,382		1,482		22,995		449		(3,180	)		1,482		20,264		21,746		4,321		2007		04	/04	40 years
Preserve at Pecan Creek, Denton, TX		14,251		902		16,626		42		—			902		16,668		17,570		3,473		2008		10	/05	40 years
Preserve at Prairie Pointe, Lubbock, TX		10,057		1,074		10,604		178		—			1,074		10,782		11,856		462		2005		04	/15	40 years
Riverwalk Phase I, Greenville, MS		282		198		1,537		5		—			198		1,542		1,740		464		2003		01	/06	40 years
Riverwalk Phase II, Greenville, MS		1,089		297		4,007		163		—			297		4,170		4,467		1,467		2003		01	/06	40 years
Sawgrass Creek, New Port Richey, FL		—		784		7,056		—		—			784		7,056		7,840		73		2008		08	/16	40 years
Sonoma Court, Rockwall, TX		10,616		941		11,072		1		—			941		11,073		12,014		1,500		2011		07	/10	40 years
Sugar Mill, Baton Rouge, LA		11,216		1,437		13,367		204		—			1,437		13,571		15,008		2,500		2009		08	/08	40 years
Tattersall Village, Hinesville, GA		26,121		2,691		23,961		—		—			2,691		23,961		26,652		—		2010		12	/16	40 years
Toulon, Gautier, MS		20,356		1,993		20,107		—		—			1,993		20,107		22,100		2,765		2011		09	/09	40 years
Tradewinds, Midland, TX		14,477		3,300		20,073		—		—			3,300		20,073		23,373		748		2015		06	/15	40 years
Villager, Ft. Walton, FL		733		141		1,268		—		—			141		1,268		1,409		53		1972		06	/15	40 years
Villas at Park West I, Pueblo, CO		10,410		1,171		10,453		—		—			1,171		10,453		11,624		544		2005		12	/14	40 years
Villas at Park West II, Pueblo, CO		9,418		1,463		13,060		—		—			1,463		13,060		14,523		680		2010		12	/14	40 years
Vista Ridge, Tupelo, MS		10,661		1,339		13,398		—		—			1,339		13,398		14,737		848		2009		10	/15	40 years
Vistas of Vance Jackson, San Antonio, TX		15,076		1,327		16,539		127		—			1,327		16,666		17,993		4,728		2004		01	/04	40 years
Waterford, Roseberg, TX		17,167		2,341		20,880		0		—			2,341		20,880		23,221		783		2013		06	/14	40 years
Westwood, Mary Ester, FL		4,167		692		6,650		0		—			692		6,650		7,342		263		1972		06	/15	40 years
Windsong, Fort Worth, TX		10,599		790		11,526		69		—			790		11,596		12,386		3,724		2002		07	/03	40 years
Total Apartments Held for Investment	$	553,512	$	61,025	$	634,601	$	5,288	$	(3,180	)	$	61,025	$	636,709	$	697,733	$	98,588

	Schedule III
(Continued)
TRANSCONTINENTAL REALTY INVESTORS, INC. REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2016

							Cost Capitalized
							Subsequent to		Asset			Gross Amounts of Which											Life on Which
			Initial Cost				Acquisition		Impairment			Carried at End of Year											Depreciation
																							In Latest
																							Statement
										Asset					Building &				Accumulated	Date of	Date		of Operation
Property/Location		Encumbrances		Land		Buildings		Improvements		Impairment			Land		Improvements		Total		Depreciation	Construction	Acquired		is Computed
(dollars in thousands)
Apartments Under Construction
Lakeside Lofts, Farmers Branch, TX		0		0		—		1,744		—			—		1,744		1,744		—	—	12	/14		—
Terra Lago, Rowlett, TX		13,005		6,023		—		15,406		—			6,024		15,406		21,430		—	—	11	/15		—
Overlook at Allensville Square II, Sevierville, TN		0		1,843		—		271		—			1,843		271		2,114		—	—	11	/15		—
Total Apartments Under Construction	$	13,005	$	7,866	$	—	$	17,421	$	—		$	7,867	$	17,421	$	25,288	$	—
Commercial
600 Las Colinas, Las Colinas, TX		39,237		5,751		51,759		16,941		—			5,751		68,700		74,451		23,728	1984	08	/05		40 years
770 South Post Oak, Houston, TX		12,700		1,763		15,834		165					1,763		15,999		17,762		660	1970	07	/15		40 years
Bridgeview Plaza, LaCrosse, WI		5,218		—		—		1,008		—			—		1,008		1,008		521	1979	03	/03		40 years
Browning Place (Park West I), Farmers Branch, TX		23,193		5,096		45,868		14,355		—			5,096		60,223		65,319		21,301	1984	04	/05		40 years
Mahogany Run Golf Course, US Virgin Islands		—		7,168		6,031		142		(5,300	)		7,168		873		8,041		323	1981	11	/14		40 years
Fruitland Plaza, Fruitland Park, FL		—		23		—		83		—			23		83		106		46	—	05	/92		40 years
Senlac VHP,  Farmers Branch, TX		—		622		—		142		—			622		142		764		134	—	08	/05		40 years
Stanford Center, Dallas, TX		28,000		3,878		34,862		7,793		(9,600	)		3,878		33,055		36,933		8,980	—	06	/08		40 years
Total Commercial Held for Investment	$	108,348	$	24,301	$	154,354	$	40,629	$	(14,900	)	$	24,301	$	180,083	$	204,384	$	55,693
Land
Dominion Mercer, Farmers Branch, TX		3,572		3,688	$	—		—		—			3,688		—		3,688		—	—	10	/16		—
2427 Valley View Ln, Farmers Branch, TX		—		76				—		—			76		—		76		—	—	07	/12		—
Audubon, Adams County, MS		—		519		—		297		—			816		—		816		—	—	03	/07		—
Bonneau Land, Farmers Branch, TX		—		1,309		—		—		—			1,309		—		1,309		—	—	12	/14		—
Cooks Lane, Fort Worth, TX		394		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		153		714		—		—		—			714		—		714		—	—	08	/08		—
Gautier Land, Gautier, MS		—		202		—		—		—			202		—		202		—	—	07	/98		—
Hollywood Casino Tract II, Farmers Branch, TX		2,645		6,940		—		1,292		(3,747	)		4,485	$	—		4,485		—	—	06	/02		—
Lacy Longhorn Land, Farmers Branch, TX		—		1,169		—		—		(760	)		409		—		409		—	—	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		—
McKinney 36, Collin County, TX		1,415		647		—		164		(19	)		792		—		792		—	—	01	/98		—
Minivest Land, Dallas, TX		—		7		—		—		—			7		—		7		—	—	04	/13		—
Mira Lago,  Farmers Branch, TX		—		59		—		15		—			74		—		74		—	—	05	/01		—
Nakash, Malden, MO		—		114		—		—		—			114		—		114		—	—	01	/93		—
Nashville, Nashville, TN		—		662		—		61		—			723		—		723		—	—	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		116		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, TX		—		1,173		—		—		(945	)		228		—		228		—	—	08	/08		—
Willowick Land, Pensacola, FL		—		137		—		—		—			137		—		137		—	—	01	/95		—
Windmill Farms Land, Kaufman County, TX		25,332		48,822		—		15,007		(20,564	)		43,265		—		43,265		—	—	11	/11		—
Total Land Held for Investment	$	34,384	$	80,058	$	—	$	17,517	$	(26,480	)	$	71,095	$	—	$	71,095	$	—

	Schedule III
	(Continued)
TRANSCONTINENTAL REALTY INVESTORS, INC. REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2016

							Cost Capitalized
							Subsequent to		Asset			Gross Amounts of Which											Life on Which
			Initial Cost				Acquisition		Impairment			Carried at End of Year											Depreciation
																							In Latest
																							Statement
										Asset					Building &				Accumulated	Date of	Date		of Operation
Property/Location		Encumbrances		Land		Buildings		Improvements		Impairment			Land		Improvements		Total		Depreciation	Construction	Acquired		is Computed
(dollars in thousands)
Corporate Departments/Investments/Misc.
TCI - Corporate		162,232		—		—		—		—			—		—		—		—
Total Corporate Departments/Investments/Misc.	$	162,232	$	—	$	—	$	—	$	—		$	—	$	—	$	—	$	—
Total Properties Held for Investment	$	871,481	$	173,247	$	788,954	$	80,855	$	(44,561	)	$	164,285	$	834,213	$	998,498	$	154,281
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	$	—	$	—	$	—	$	—	$	—		$	—	$	—	$	—	$	—
Land
Dominion Tract, Dallas, TX	$	3,360	$	3,931	$	—	$	53		(1,624	)		2,360	$	—		2,360	$	—	—	03	/99		—
Hollywood Casino Land Tract I, Farmers Branch, TX		1,410		8,470		—		147		(5,297	)		3,320		—		3,320		—	—	03	/08		—
LaDue Land, Farmers Branch, TX		—		1,900		—		—		(55	)		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		—		19,728		—		71		(6,624	)		13,175	$	—		13,175		—	—	09	/06		—
Whorton Land, Bentonville, AR		372		3,510		—		567		(2,451	)		1,626	$	—		1,626		—	—	06	/05		—
Total Land Subject to Sales Contract	$	5,142	$	67,143	$	—	$	842	$	(21,029	)	$	46,956	$	—	$	46,956	$	—
Total Properties Subject to Sales Contract	$	5,142	$	67,143	$	—	$	842	$	(21,029	)	$	46,956	$	—	$	46,956	$	—
Land Sold
	$	—	$	—	$	—	$	—		—		$	—	$	—	$	—	$	—
Total Land Sold	$	—	$	—	$	—	$	—	$	—		$	—	$	—	$	—	$	—
TOTAL:  Real Estate	$	876,999	$	240,390	$	788,954	$	81,697	$	(65,590	)	$	211,241	$	834,213	$	1,045,454	$	154,281

REAL ESTATE AND ACCUMULATED DEPRECIATION

As of December 31, 2016

SCHEDULE III

(Continued)

	2016		2015			2014
	(dollars in thousands)
Reconciliation of Real Estate
Balance at January 1,	$	982,827	$	804,489		$	828,093
Additions
Acquisitions, improvements and construction		112,763		222,423			71,423
Deductions
Sale of real estate		(50,136)		(38,785	)		(95,027	)
Asset impairments		—		(5,300	)		—
Balance at December 31,		1,045,454	$	982,827		$	804,489
Reconciliation of Accumulated Depreciation
Balance at January 1,	$	138,808	$	115,368		$	132,291
Additions
Depreciation		22,180		25,565			17,145
Deductions
Sale of real estate		(6,707)		(2,125	)		(34,068	)
Balance at December 31,	$	154,281	$	138,808		$	115,368