INVESTMENTS IN REAL ESTATE (Tables)

3 Months Ended

Mar. 31, 2020

Real Estate [Abstract]

Investments in Real Estate

Investments in real estate consist of the following:

	March 31, 2020			December 31, 2019
	(in thousands)
Land	$	134,421		$	134,421
Land improvements	2,713			2,713
Buildings and improvements	438,842			438,349
Furniture, fixtures, and equipment	4,752			4,628
Tenant improvements	36,303			35,667
Work in progress	16,423			13,484
Investments in real estate	633,454			629,262
Accumulated depreciation	(124,176		)	(120,555		)
Net investments in real estate	$	509,278		$	508,707