CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Assets
Real estate, at cost	$ 1,111,346	$ 1,112,721
Real estate subject to sales contracts at cost	45,739	45,739
Less accumulated depreciation	(179,100)	(178,590)
Total real estate	977,985	979,870
Notes and interest receivable:
Performing (including $40,553 in 2018 and $45,155 in 2017 from related parties)	83,342	70,166
Total notes and interest receivable	83,342	70,166
Cash and cash equivalents	40,894	42,705
Restricted cash	55,400	45,637
Investments in unconsolidated joint ventures and investees	2,483	2,472
Receivable from related party	115,734	111,665
Other assets	54,751	60,907
Total assets	1,330,589	1,313,422
Liabilities:
Notes and interest payable	885,831	892,149
Notes related to real estate held for sale	376	376
Notes related to real estate subject to sales contracts	347	1,957
Bond and bond interest payable	146,888	113,047
Deferred revenue (including $40,584 in 2018 and $40,574 in 2017 to related parties)	60,960	60,949
Accounts payable and other liabilities (including $6,701 in 2018 and $7,236 in 2017 to related parties)	28,249	36,683
Total liabilities	1,122,651	1,105,161
Shareholders' equity:
Preferred stock, Series C: $0.01 par value, authorized 10,000,000 shares; issued and outstanding zero shares in 2018 and 2017. Series D: $0.01 par value, authorized, issued and outstanding 100,000 shares in 2018 and 2017 (liquidation preference $100 per share)	1	1
Common stock, $0.01 par value, authorized 10,000,000 shares; issued 8,717,967 shares in 2018 and 2017; outstanding 8,717,767 shares in 2018 and 2017	87	87
Treasury stock at cost, 200 shares in 2018 and 2017	(2)	(2)
Paid-in capital	268,727	268,949
Retained deficit	(80,098)	(79,865)
Total Transcontinental Realty Investors, Inc. shareholders' equity	188,715	189,170
Non-controlling interest	19,223	19,091
Total shareholders' equity	207,938	208,261
Total liabilities and shareholders' equity	$ 1,330,589	$ 1,313,422