INVESTMENTS IN REAL ESTATE (Tables)

6 Months Ended

Jun. 30, 2020

Real Estate [Abstract]

Investments in Real Estate

Investments in real estate consist of the following:

	June 30, 2020		December 31, 2019
	(in thousands)
Land	$	134,421	$	134,421
Land improvements	2,713		2,713
Buildings and improvements	448,832		438,349
Furniture, fixtures, and equipment	4,764		4,628
Tenant improvements	35,299		35,667
Work in progress	9,091		13,484
Investments in real estate	635,120		629,262
Accumulated depreciation	(127,364)		(120,555)
Net investments in real estate	$	507,756	$	508,707