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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Real estate, at cost $ 461,718 $ 1,112,721
Real estate subject to sales contracts at cost 2,014 45,739
Less accumulated depreciation (79,228) (178,590)
Total real estate 384,504 979,870
Notes and interest receivable (including $51,945 in 2018 and $45,155 in 2017 from related parties) 83,541 70,166
Cash and cash equivalents 36,358 33,563
Restricted cash 70,207 54,779
Investment in joint venture 68,399  
Investment in other unconsolidated investees 22,172 2,472
Receivable from related party 133,642 111,665
Other assets 63,557 60,907
Total assets 862,380 1,313,422
Liabilities:    
Notes and interest payable 277,237 892,149
Notes related to real estate held for sale   376
Notes related to real estate subject to sales contracts   1,957
Bonds and bond interest payable 158,574 113,047
Deferred revenue (including $21,034 in 2018 and $40,574 in 2017 to related parties) 17,522 60,949
Deferred tax liability 2,000  
Accounts payable and other liabilities (including $3 in 2018 and $7,236 in 2017 to related parties) 26,646 36,683
Total liabilities 481,979 1,105,161
Shareholders' equity:    
Preferred Stock, Series D: $0.01 par value, authorized 100,000 shares; issued 100,000 shares in 2018 and 2017; outstanding 0 shares in 2018 and 100,000 shares in 2017 (liquidation preference $100 per share)   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 258,050 268,949
Retained earnings (deficit) 101,585 (79,865)
Total Transcontinental Realty Investors, Inc. shareholders' equity 359,720 189,170
Non-controlling interest 20,681 19,091
Total shareholders' equity 380,401 208,261
Total liabilities and shareholders' equity $ 862,380 $ 1,313,422