INVESTMENT IN UNCONSOLIDATED JOINT VENTURES AND INVESTEES (Tables)

3 Months Ended

Mar. 31, 2020

Equity Method Investments and Joint Ventures [Abstract]

Schedule of the financial position and results of operations - unconsolidated parent

The following is a summary of the financial position and results of operations from our unconsolidated parent (dollars in thousands): 

	For the Period Ended March 31,
	2020			2019
ARL
Real estate, net of accumulated depreciation	$	—		$	549
Notes receivable		31,491			41,992
Other assets		70,945			65,823
Notes payable		(8,272	)		(9,444	)
Other liabilities		(27,169	)		(30,902	)
Shareholders’ equity/partners capital		(66,995	)		(68,018	)

	For the Three Months Ended March 31,
	2020			2019
Rents, interest and other income	$	1,945		$	1,654
Operating expenses		(469	)		(482	)
Interest expense		(1,635	)		(2,009	)
Loss from continuing operations	$	(159	)	$	(837	)
Net loss	$	(159	)	$	(837	)
Company’s proportionate share of loss	$	(1	)	$	(8	)