CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets
Real estate, at cost	$ 1,015,791	$ 998,498
Real estate subject to sales contracts at cost	46,360	46,956
Less accumulated depreciation	(160,269)	(154,281)
Total real estate	901,882	891,173
Notes and interest receivable:
Performing (including $65,289 in 2017 and $67,912 in 2016 from related parties)	78,681	81,133
Less allowance for doubtful accounts (including $1,825 in 2017 and 2016 from related parties)	(1,825)	(1,825)
Total notes and interest receivable	76,856	79,308
Cash and cash equivalents	55,282	17,506
Restricted cash	31,045	38,227
Investments in unconsolidated joint ventures and investees	2,438	2,446
Receivable from related party	99,714	101,649
Other assets	60,498	55,605
Total assets	1,227,715	1,185,914
Liabilities:
Notes and interest payable	822,922	835,528
Notes related to real estate held for sale	376	376
Notes related to real estate subject to sales contracts	4,177	5,612
Bond and bond interest payable	71,975
Deferred revenue (including $50,699 in 2017 and $50,689 in 2016 to related parties)	71,075	71,065
Accounts payable and other liabilities (including $6,647 in 2017 and $6,487 in 2016 to related parties)	37,950	48,856
Total liabilities	1,008,475	961,437
Shareholders' equity:
Preferred stock, Series C: $0.01 par value, authorized 10,000,000 shares; issued and outstanding zero shares in 2017 and 2016. Series D: $0.01 par value, authorized, issued and outstanding 100,000 shares in 2017 and 2016 (liquidation preference $100 per share)	1	1
Common stock, $0.01 par value, authorized 10,000,000 shares; issued 8,717,967 shares in 2017 and 2016; outstanding 8,717,767 shares in 2017 and 2016	87	87
Treasury stock at cost, 200 shares in 2017 and 2016	(2)	(2)
Paid-in capital	269,627	269,849
Retained earnings	(69,184)	(64,050)
Total Transcontinental Realty Investors, Inc. shareholders' equity	200,529	205,885
Non-controlling interest	18,711	18,592
Total shareholders' equity	219,240	224,477
Total liabilities and shareholders' equity	$ 1,227,715	$ 1,185,914