SCHEDULE III REAL ESTATE

12 Months Ended

Dec. 31, 2017

SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]

SCHEDULE III REAL ESTATE

SCHEDULE III 

Real Estate
December 31, 2017
			Initial Cost						Gross Amounts at Which 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

 Real Estate 

 For the Years Ended December 31,

	2017		2016		2015
		(dollars in thousands)
Reconciliation of Real Estate
Balance at January 1	$	22,717	$	22,717	$	25,717
Additions
Acquisitions and improvements		—		—		—
Deductions
Sale of real estate		—		—		(3,000	)
Balance at December 31	$	22,717	$	22,717	$	22,717

At December 31, 2017, our real estate consisted of 131.1 acres of land held subject to sales contract. There was no accumulated depreciation associated with this asset.