OPERATING SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2018

Segment Reporting [Abstract]

Schedule of operating segment information

Presented below is the operating segment information for the three months ended June 30, 2018 and 2017 (dollars in thousands):

For the Three Months Ended June 30, 2018	Land		Other		Total
Operating revenues	$	—	$	—	$	—
Interest income from related parties		—		1,081		1,081
Segment operating income	$	—	$	1,081	$	1,081
Real estate assets	$	22,717	$	—	$	22,717
For the Three Months Ended June 30, 2017	Land		Other		Total
Operating revenues	$	—	$	—	$	—
Interest income from related parties		—		1,119		1,119
Segment operating income	$	—	$	1,119	$	1,119
Real estate assets	$	22,717	$	—	$	22,717

For the Six Months Ended June 30, 2018	Land		Other		Total
Operating revenues	$	—	$	—	$	—
Interest income from related parties		—		2,123		2,123
Segment operating income	$	—	$	2,123	$	2,123
For the Six Months Ended June 30, 2017	Land		Other		Total
Operating revenues	$	—	$	—	$	—
Interest income from related parties		—		2,208		2,208
Segment operating income	$	—	$	2,208	$	2,208

Schedule reconcile the segment information to the corresponding amounts in the Consolidated Statements of Operations

The table below reflects the reconciliation of the segment information to the corresponding amounts in the Consolidated Statements of Operations (dollars in thousands):

	For the Three Months Ended June 30,
	2018			2017
Segment operating income	$	1,081		$	1,119
Other non-segment items of income (expense)
General and administrative		(153	)		(119	)
Net income fee		(53	)		(77	)
Advisory fee to related party		(168	)		(164	)
Other income		—			250
Net income from continuing operations	$	707		$	1,009

The table below reflects the reconciliation of the segment information to the corresponding amounts in the Consolidated Statements of Operations (dollars in thousands):

	Six Months Ended June 30,
	2018			2017
Segment operating income	$	2,123		$	2,208
Other non-segment items of income (expense)
General and administrative		(276	)		(249	)
Net income fee to related party		(106	)		(137	)
Advisory fee to related party		(332	)		(326	)
Other income		—			250
Net income from continuing operations	$	1,409		$	1,746

Schedule reconciles the segment information to the corresponding amounts in the Consolidated Balance Sheets

The table below reflects the reconciliation of the segment information to the corresponding amounts in the Consolidated Balance Sheets (dollars in thousands):

	As of June 30,
	2018		2017
Real estate assets	$	22,717	$	22,717
Notes and interest receivable		14,015		15,061
Other assets		52,576		50,357
Total assets	$	89,308	$	88,135