XML 30 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1
SCHEDULE III REAL ESTATE
12 Months Ended
Dec. 31, 2016
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]  
SCHEDULE III REAL ESTATE

SCHEDULE III

 

INCOME OPPORTUNITY REALTY INVESTORS, INC.
Real Estate
December 31, 2016

                                        
               Gross Amounts at Which  
      Initial Cost       Carried at End of Year  
   Encumbrances    Land    Building & Improvements    Cost Capitalized
Subsequent to
Acquisition and
Improvements
   Land    Building & Improvements    Total  
            (dollars in thousands)           
Properties Held for Investment                                   
Land, Farmers Branch, TX  $   $22,713   $4   $   $22,713   $4   $22,717 
                                    
   $   $22,713   $4   $   $22,713   $4   $22,717 

  

INCOME OPPORTUNITY REALTY INVESTORS, INC.
Real Estate
For the Years Ended December 31,

          
   2016  2015  2014
   (dollars in thousands)
Reconciliation of Real Estate         
Balance at January 1  $22,717   $25,717   $24,511 
  Additions               
    Acquisitions and improvements           1,206 
  Deductions               
    Sale of real estate       (3,000)    
Balance at December 31  $22,717   $22,717   $25,717 

 

At December 31, 2016, our real estate consisted of 131.1 acres of land held subject to sales contract. There was no accumulated depreciation associated with this asset.