Annual report pursuant to Section 13 and 15(d)

FAIR VALUE OF FINANCIAL INSTRUMENTS - Carrying Values and Estimated Fair Values (Details)

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FAIR VALUE OF FINANCIAL INSTRUMENTS - Carrying Values and Estimated Fair Values (Details) - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Real estate securities, available-for-sale $ 2,953  
Loans, held-for-sale, net 0 $ 147
Cash and cash equivalents 79,235 167,692
Restricted cash, current and noncurrent 3,584 5,996
Carrying Value    
Assets    
Real estate securities, available-for-sale 2,953 2,294
Loans, held-for-sale, net 0 147
Cash and cash equivalents 79,235 167,692
Restricted cash, current and noncurrent 3,584 5,996
Non-hedge interest rate cap 0 286
Liabilities    
Credit facilities - Traditional Golf term loan 0 99,931
Junior subordinated notes payable 51,200 51,208
Estimated Fair Value    
Assets    
Real estate securities, available-for-sale 2,953 2,294
Loans, held-for-sale, net 0 147
Cash and cash equivalents 79,235 167,692
Restricted cash, current and noncurrent 3,584 5,996
Non-hedge interest rate cap 0 286
Liabilities    
Credit facilities - Traditional Golf term loan 0 103,199
Junior subordinated notes payable $ 28,396 $ 27,531