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Investment in Real Estate (Table)
9 Months Ended
Sep. 30, 2019
Investment in Real Estate  
Schedule of real estate by property type and segment

 

 

 

 

 

 

 

 

    

September 30, 

    

December 31, 

 

 

2019

 

2018

Development property:

 

 

  

 

 

  

Residential real estate

 

$

116,810

 

$

105,323

Hospitality

 

 

2,664

 

 

3,726

Commercial leasing and sales

 

 

99,506

 

 

73,128

Forestry

 

 

1,884

 

 

2,144

Corporate

 

 

2,540

 

 

2,497

Total development property

 

 

223,404

 

 

186,818

 

 

 

 

 

 

 

Operating property:

 

 

  

 

 

  

Residential real estate

 

 

7,344

 

 

7,344

Hospitality

 

 

98,961

 

 

93,046

Commercial leasing and sales

 

 

131,778

 

 

111,471

Forestry

 

 

20,811

 

 

19,765

Other

 

 

50

 

 

50

Total operating property

 

 

258,944

 

 

231,676

Less: Accumulated depreciation

 

 

72,172

 

 

67,500

Total operating property, net

 

 

186,772

 

 

164,176

Investment in real estate, net

 

$

410,176

 

$

350,994