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Investment in Real Estate (Table) - Investment in real estate, net
12 Months Ended
Dec. 31, 2019
Real estate properties  
Schedule of real estate by property type and segment

 

 

 

 

 

 

 

 

    

December 31,

    

December 31,

 

 

2019

 

2018

Development property:

 

 

  

 

 

  

Residential real estate

 

$

115,384

 

$

105,323

Hospitality

 

 

12,229

 

 

3,726

Commercial leasing and sales

 

 

101,446

 

 

73,128

Forestry

 

 

1,880

 

 

2,144

Corporate

 

 

2,631

 

 

2,497

Total development property

 

 

233,570

 

 

186,818

 

 

 

 

 

 

 

Operating property:

 

 

  

 

 

  

Residential real estate

 

 

11,985

 

 

11,985

Hospitality

 

 

94,838

 

 

88,405

Commercial leasing and sales

 

 

143,400

 

 

111,471

Forestry

 

 

21,189

 

 

19,765

Other

 

 

50

 

 

50

Total operating property

 

 

271,462

 

 

231,676

Less: Accumulated depreciation

 

 

74,256

 

 

67,500

Total operating property, net

 

 

197,206

 

 

164,176

Investment in real estate, net

 

$

430,776

 

$

350,994

 

Operating property  
Real estate properties  
Schedule of property

 

 

 

 

 

 

 

 

    

 

December 31,

    

 

December 31,

 

 

 

2019

 

 

2018

Land and land improvements

 

$

83,995

 

$

75,663

Buildings and building improvements

 

 

174,712

 

 

144,730

Timber

 

 

12,755

 

 

11,283

 

 

 

271,462

 

 

231,676

Less: Accumulated depreciation

 

 

74,256

 

 

67,500

Total operating property, net

 

$

197,206

 

$

164,176