SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION

12 Months Ended

Dec. 31, 2018

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION

Schedule III

TRANSCONTINENTAL REALTY INVESTORS, INC.

REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2018 

			Initial Cost				Cost Capitalized Subsequent to Acquisition		Asset Impairment		Gross Amount of Which Carried at End of Year
Property/Location	Encumbrances		Land		Buildings		Improvements		Asset Impairment		Land		Building & Improvements		Total		Accumulated Depreciation		Date of Construction		Date Acquired	Life on Which Depreciation In Latest Statement of Operation is Computed
Properties Held for Investment Apartments
Legacy at Pleasant Grove, Texarkana, TX				2,005		17,892		217		—		2,005		18,109		20,114		1,817		2006	12/14	40 years
Toulon, Gautier, MS				1,621		20,107		372		—		1,621		20,479		22,100		3,770		2011	9/09	40 years
Villager, Ft. Walton, FL				141		1,267		—		—		141		1,267		1,408		116		1972	6/15	40 years
Villas at Bon Secour, Gulf Shores, AL				2,715		15,385		—		—		2,715		15,385		18,100		160		2007	7/18	40 years
Vista Ridge, Tupelo, MS				1,339		13,398		—		—		1,339		13,398		14,737		1,544		2009	10/15	40 years
Westwood, Mary Ester, FL				692		6,650		—		—		692		6,650		7,342		596		1972	6/15	40 years
Chelsea, Beaumont, TX				1,225		11,025		—		—		1,225		11,025		12,250		23		1999	11/18	40 years
Farnham Park, Port Aurther, TX				1,010		9,086		—		—		1,010		9,086		10,096		—			11/18	40 years
Landing, Houma, LA				2,012		18,115		—		—		2,012		18,115		20,127		38			12/18	40 years
Total Apartments Held for Investment	$	—	$	12,760	$	112,925	$	589	$	—	$	12,760	$	113,514	$	126,274	$	8,064
Apartments Under Construction
Apalache Point				—		—		21		—		—		21		21		—		—		—
Overlook at Allensville Square II, Sevierville, TN				1,933		—		12,567		—		1,933		12,567		14,500		—		—	11/15	—
Forest Pines				5,040		—		300		—		5,040		300		5,340		—		—	6/17	—
Parc at Denham				714		—		4,138		—		714		4,138		4,852		—
Sugar Mill II				576		—		—		—		576		—		576		—		—		—
Total Apartments Under Construction	$	—	$	8,263	$	—	$	17,026	$	—	$	8,263	$	17,026	$	25,289	$	—	$

			Initial Cost					Cost Capitalized Subsequent to Acquisition			Asset Impairment			Gross Amount of Which Carried at End of Year
Property/Location	Encumbrances		Land			Buildings		Improvements			Asset Impairment			Land			Building & Improvements			Total			Accumulated Depreciation		Date of Construction		Date Acquired	Life on Which Depreciation In Latest Statement of Operation is Computed
Commercial
600 Las Colinas, Las Colinas, TX				5,751			51,759		19,317			—			5,751			71,076			76,827			29,896		1984	8/05	40 years
770 South Post Oak, Houston, TX				1,763			15,834		412			—			1,763			16,246			18,009			1,619		1970	7/15	40 years
Bridgeview Plaza, LaCrosse, WI				—			—		1,157			—			—			1,157			1,157			710		1979	3/03	40 years
Browning Place (Park West I), Farmers Branch, TX				5,096			45,868		22,848			—			5,096			68,716			73,812			26,556		1984	4/05	40 years
Mahogany Run Golf Course, US Virgin Islands				—			—		—			—			—			—			—			15		1981	11/14	40 years
Thermalloy		224
Fruitland Plaza, Fruitland Park, FL				23			—		83			—			23			83			106			62		—	05/92	40 years
Senlac VHP,  Farmers Branch, TX				622			—		142			—			622			142			764			142		—	8/05	40 years
Stanford Center, Dallas, TX				20,278			34,862		7,953			(9,600	)		20,278			33,215			53,493			12,148		—	6/08	40 years
Total Commercial Held for Investment	$	224	$	33,533		$	148,323	$	51,912		$	(9,600	)	$	33,533		$	190,635		$	224,168		$	71,148
Land
Bonneau Land, Farmers Branch, TX		—		1,309			—		—			—			1,309			—			1,309			—		—	12/14	—
Cooks Lane, Fort Worth, TX		—		1,094			—		—			—			1,094			—			1,094			—		—	6/04	—
Dedeaux, Gulfport, MS		0		1,612			—		46			(38	)		1,612			8			1,620			—		—	10/06	—
Gautier Land, Gautier, MS		—		202			—		—			—			202			—			202			—		—	7/98	—
Lake Shore Villas, Humble, TX		—		81			—		3			—			81			3			84			—		—	3/02	—
Lubbock Land, Lubbock, TX		—		234			—		—			—			234			—			234			—		—	1/04	—
Nakash, Malden, MO		—		113			—		—			—			113			—			113			—		—	1/93	—
Nashville, Nashville, TN		—		662			—		59			—			662			59			721			—		—	6/02	—
Ocean Estates, Gulfport, MS		—		1,418			—		390			—			1,418			390			1,808			—		—	10/07	—
Texas Plaza Land, Irving, TX		—		1,738			—		—			(238	)		1,738			(238	)		1,500			—		—	12/06	—
Union Pacific Railroad Land, Dallas, TX		—		130			—		—			—			130			—			130			—		—	3/04	—
Willowick Land, Pensacola, FL		—		137			—		—			—			137			—			137			—		—	1/95	—
Windmill Farms Land, Kaufman County, TX		—		56,796			—		13,911			(20,343	)		56,796			(6,432	)		50,364			—		—	11/11	—
2427 Valley View Ln, Farmers Branch, TX		—		76			—		—			—			76			—			76			—		—	7/12	—
Lacy Longhorn Land, Farmers Branch, TX		0		1,169			—		(760	)		—			1,169			(760	)		409			—		—	6/04	—
Minivest Land, Dallas, TX		—		7			—		—			—			7			—			7			—		—	4/13	—
Mira Lago,  Farmers Branch, TX		—		59			—		15			—			59			15			74			—		—	5/01	—
Nicholson Croslin, Dallas, TX		—		184			—		(118	)		—			184			(118	)		66			—		—	10/98	—
Nicholson Mendoza, Dallas, TX		—		80			—		(51	)		—			80			(51	)		29			—		—	10/98	—
Valley View 34 (Mercer Crossing), Farmers Branch, TX		—		1,173			—		(945	)		—			1,173			(945	)		228			—		—	8/08	—
Mercer Crossing Land L2876		—		12,029			—		—			—			12,029			—			12,029			—
Mercer Crossing Land L2877		—		2,834			—		—			—			2,834			—			2,834			—
Dominion Mercer, Farmers Branch, TX		—		3,801			—		2,774			—			3,801			2,774			6,575			—		—	10/16	—
McKinney 36, Collin County, TX		—		635			—		161			(19	)		635			142			777			—		—	1/98	—
McKinney Ranch Land		5,183		—			—		—			—			—			—			—
Travis Ranch Land, Kaufman County, TX		—		80			—		—			—			80			—			80			—		—	8/08	—
Travis Ranch Retail, Kaufman City, TX		—		1,517			—		—			—			1,517			—			1,517			—		—	8/08	—
Total Land Held for Investment	$	5,183	$	89,170		$	—	$	15,485		$	(20,638	)	$	89,170		$	(5,153	)	$	84,017		$	—
Corporate Departments/Investments/Misc.
TCI - Corporate		78,134		—			—		—			—			—			—			—			16
Total Corporate Departments/Investments/Misc.	$	78,134	$	—		$	—	$	—		$	—		$	—		$	—		$	—		$	16
Total Properties Held for Investment	$	83,541	$	143,726		$	261,248	$	85,012		$	(30,238	)	$	143,726		$	316,022		$	459,748		$	79,228
Properties Held for Sale
Commercial
Total Commercial Held for Sale		—		—			—		—			—			—			—			—			—
Total Properties Held for Sale	$	—	$	—		$	—	$	—		$	—		$	—		$	—		$	—		$	—
Properties Subject to Sales Contract Apartments
Total Apartments Subject to Sales Contract	$	—	$	—		$	—	$	—		$	—		$	—		$	—		$	—		$	—
Commercial
Total Commercial Subject to Sales Contract	$	—	$	—		$	—	$	—		$	—		$	—		$	—		$	—		$	—
Land
Dominion Tract, Dallas, TX		0		2,440			—		53			(133	)		2,440			(80	)		2,360			—		—	3/99	—
Hollywood Casino Tract I, Farmers Branch, TX		0		(3	)		—		0			—			(3	)		—			(3	)		—		—	6/02	—
Whorton Land, Bentonville, AR		—		3,510			—		568			(2,451	)		3,510			(1,883	)		1,627			—		—	6/05	—
Total Land Subject to Sales Contract	$	—	$	5,947		$	—	$	621		$	(2,584	)	$	5,947		$	(1,963	)	$	3,984		$	—
Total Properties Subject to Sales Contract	$	—	$	5,947		$	—	$	621		$	(2,584	)	$	5,947		$	(1,963	)	$	3,984		$	—
Land Sold
		—		—			—		—			—			—			—			—			—
Total Land Sold	$	—	$	—		$	—	$	—		$	—		$	—		$	—		$	—		$	—
TOTAL:  Real Estate	$	83,541	$	149,673		$	261,248	$	85,633		$	(32,822	)	$	149,673		$	314,059		$	463,732		$	79,228

REAL ESTATE AND ACCUMULATED DEPRECIATION

As of December 31, 2018

SCHEDULE III

(Continued)

	2018			2017			2016
	(dollars in thousands)
Reconciliation of Real Estate
Balance at January 1,	$	1,165,662		$	1,066,603		$	1,003,545
Additions
Acquisitions, improvements and construction		175,996			129,483			112,762
Deductions
Sale of real estate		(877,926	)		(30,424	)		(49,704	)
Asset impairments		—			—			—
Balance at December 31,	$	463,732		$	1,165,662		$	1,066,603
Reconciliation of Accumulated Depreciation
Balance at January 1,	$	177,546		$	165,597		$	150,038
Additions
Depreciation		22,761			24,417			23,277
Deductions
Sale of real estate		(121,079	)		(12,468	)		(7,718	)
Balance at December 31,	$	79,228		$	177,546		$	165,597