CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Assets
Real estate, at cost	$ 1,112,721	$ 998,498
Real estate subject to sales contracts at cost, net of depreciation ($0 in 2017 and $0 in 2016)	45,739	46,956
Less accumulated depreciation	(178,590)	(154,281)
Total real estate, net of depreciation	979,870	891,173
Notes and interest receivable
Performing (including $45,155 in 2017 and $66,066 in 2016 from related parties)	70,166	79,308
Less allowance for estimated losses (including $0 in 2017 and $0 in 2016 from related parties)
Total notes and interest receivable	70,166	79,308
Cash and cash equivalents	42,705	17,506
Restricted cash	45,637	38,227
Investments in unconsolidated subsidiaries and investees	2,472	2,446
Receivable from related party	111,665	101,649
Other assets	60,907	55,605
Total assets	1,313,422	1,185,914
Liabilities:
Notes and interest payable	892,149	835,528
Notes related to assets held for sale	376	376
Notes related to subject to sales contracts	1,957	5,612
Bond and bond interest payable	113,047
Deferred revenue (including $40,574 in 2017 and $50,689 in 2016 from related parties)	60,949	71,065
Accounts payable and other liabilities (including $7,236 in 2017 and $6,487 in 2016 from related parties)	36,683	48,856
Total liabilities	1,105,161	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 (liquidation preference $100 per share). 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 and outstanding 8,717,767 in 2017 and 2016	87	87
Treasury stock at cost, 200 shares in 2017 and 2016	(2)	(2)
Paid-in capital	268,949	269,849
Retained earnings	(79,865)	(64,050)
Total Transcontinental Realty Investors, Inc. shareholders' equity	189,170	205,885
Non-controlling interest	19,091	18,592
Total shareholders' equity	208,261	224,477
Total liabilities and shareholders' equity	$ 1,313,422	$ 1,185,914