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Real Estate Properties under Development, Net (Tables)
12 Months Ended
Dec. 31, 2019
Real Estate [Abstract]  
Schedule of Real Estate Properties

The following summarizes the components of real estate properties under development as at December 31, 2018 and 2019:

 

At December 31,

 

2018

 

 

2019

 

Building at cost

 

$

28,213

 

 

$

27,732

 

Less: accumulated depreciation

 

 

(15,413

)

 

 

(15,007

)

 

 

 

12,800

 

 

 

12,725

 

Construction in progress

 

 

76,760

 

 

 

156,221

 

Land use right

 

 

82,050

 

 

 

82,739

 

Net book value

 

$

171,610

 

 

$

251,685

 

Schedule of Lease Building to Third Parties with the Carrying Amount

The Company leased its buildings to third parties with the carrying amount as shown below:

 

At December 31,

 

2018

 

 

2019

 

Buildings at cost

 

$

28,213

 

 

$

27,732

 

Less: accumulated depreciation

 

 

(15,413

)

 

 

(15,007

)

Buildings, net

 

$

12,800

 

 

$

12,725