CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets
Real estate, at cost	$ 326,800	$ 1,112,721
Real estate subject to sales contracts at cost	43,767	45,739
Real estate held for sale at cost, net of depreciation ($113,606 in 2018)	760,497
Less accumulated depreciation	(77,612)	(178,590)
Total real estate	1,053,452	979,870
Notes and interest receivable (including $48,637 in 2018 and $45,155 in 2017 from related parties)	82,239	70,166
Cash and cash equivalents	23,763	42,705
Restricted cash	72,688	45,637
Investments in unconsolidated joint ventures and investees	2,774	2,472
Receivable from related party	127,791	111,665
Other assets	60,223	60,907
Total assets	1,422,930	1,313,422
Liabilities:
Notes and interest payable	314,198	892,149
Notes related to real estate held for sale	651,025	376
Notes related to real estate subject to sales contracts		1,957
Bonds and bond interest payable	161,010	113,047
Deferred revenue (including $16,701 in 2018 and $40,574 in 2017 to related parties)	23,044	60,949
Accounts payable and other liabilities (including $7,852 in 2018 and $7,236 in 2017 to related parties)	35,675	36,683
Total liabilities	1,184,952	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	268,276	268,949
Retained deficit	(50,648)	(79,865)
Total Transcontinental Realty Investors, Inc. shareholders' equity	217,714	189,170
Non-controlling interest	20,264	19,091
Total shareholders' equity	237,978	208,261
Total liabilities and shareholders' equity	$ 1,422,930	$ 1,313,422