Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2018

Discontinued Operations and Disposal Groups [Abstract]

Discontinued operations results of operations

	Year ended			Year ended
	December 31,			December 31,
	2018			2017
Revenues:
Rental revenue	$	9,791			22,570
Revenue – reimbursements		2,307			5,019
Total Revenues		12,098			27,589
Cost of operations:
Depreciation, depletion and amortization		3,161			7,598
Operating expenses		1,742			3,485
Property taxes		1,286			3,008
Management company indirect		1,360			734
Corporate expenses (Note 4 Related Party)		1,462			200
Total cost of operations		9,011			15,025
Total operating profit		3,087			12,564
Interest expense		(587	)		(1,582	)
Loss on investments land sold		—			—
Gain on sale of buildings		164,915			—
Income before income taxes		167,415			10,982
Provision for (benefit from) income taxes		45,286			(21	)
Income from discontinued operations	$	122,129			11,003

Discontinued operations balance sheet components

	December 31		December 31
Assets:	2018		2017
Real estate investments at cost:
Land	$	546		40,465
Buildings and improvements		3,315		186,657
Projects under construction		—		6,617
Total investments in properties		3,861		233,739
Less accumulated depreciation and depletion		2,374		68,049
Net investments in properties		1,487		165,690
Accounts receivable, net		910		405
Unrealized rents		473		4,088
Deferred costs		354		6,509
Other assets		—		2
Assets of discontinued operations	$	3,224		176,694
Liabilities:
Secured notes payable, current portion	$	—		23,825
Secured notes payable, less current portion		—		4,338
Accounts payable and accrued liabilities		205		2,289
Deferred revenue		45		967
Tenant security deposits		38		861
Liabilities of discontinued operations	$	288		32,280