Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN REAL ESTATE, NET OF ACCUMULATED DEPRECIATION (Tables)

v3.7.0.1
INVESTMENTS IN REAL ESTATE, NET OF ACCUMULATED DEPRECIATION (Tables)
 3 Months Ended
Mar. 31, 2017
Real Estate [Abstract]  
Schedule of investments in real estate related to Traditional Golf business
The following table summarizes the Company’s investments in real estate related to its Traditional and Entertainment Golf businesses:
 
 
March 31, 2017
 
December 31, 2016
 
Gross Carrying Amount
 
Accumulated Depreciation
 
Net Carrying Value
 
Gross Carrying Amount
 
Accumulated Depreciation
 
Net Carrying Value
Land
$
84,319

 
$
—

 
$
84,319

 
$
84,319

 
$
—

 
$
84,319

Buildings and improvements
145,243

 
(42,737
)
 
102,506

 
144,690

 
(39,402
)
 
105,288

Furniture, fixtures and equipment
29,900

 
(21,250
)
 
8,650

 
29,132

 
(20,516
)
 
8,616

Capital leases - equipment
20,945

 
(5,645
)
 
15,300

 
20,844

 
(4,818
)
 
16,026

Construction in progress
5,677

 
—

 
5,677

 
3,362

 
—

 
3,362

Total Investments in Real Estate
$
286,084

 
$
(69,632
)
 
$
216,452

 
$
282,347

 
$
(64,736
)
 
$
217,611