Drive Shack Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

INVESTMENTS IN OTHER REAL ESTATE - Investments in Other Real Estate (Details)

INVESTMENTS IN OTHER REAL ESTATE - Investments in Other Real Estate (Details) (USD $)
In Thousands, unless otherwise specified

Dec. 31, 2014

Dec. 31, 2013

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

Gross Carrying Amount - total

^[3],[4]

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Bear Creek [Member] | Woodville, WA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

28

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

14

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Bradshaw Farm [Member] | Woodstock, GA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

92

Costs capitalized subsequent to acquisition

42

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Brookstone [Member] | Acworth, GA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Canyon Oaks [Member] | Chico, CA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

13

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

6

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Casa Del Sol [Member] | Mission Viejo, CA [Member]

Initial cost - land and improvements

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | El Camino [Member] | Oceanside, CA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

80

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

39

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Forrest Crossing [Member] | Franklin, TN [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

76

Initial cost - construction In-progress

55

Costs capitalized subsequent to acquisition

20

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

27

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Gettysvue [Member] | Knoxville, TN [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

89

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Lomas Santa Fe [Member] | Solana Beach, CA [Member]

Initial cost - land and improvements

Costs capitalized subsequent to acquisition

48

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

24

Gross Carrying Amount - furniture, fixtures and equipment

24

Gross Carrying Amount - total

Owned Properties [Member] | Marbella [Member] | SJ Capistrano, CA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - total

Accumulated depreciation

62

^[1],[2]

Owned Properties [Member] | Monterey [Member] | Palm Desert, CA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

19

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

9

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Oakhurst [Member] | Clayton, CA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Oregon Golf Club [Member] | West Linn, OR [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

51

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

25

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Palm Valley [Member] | Palm Desert, CA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

56

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

28

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Plantation [Member] | Boise, ID [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

13

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

6

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Rancho San Joaquin [Member] | Irvine, CA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Seascape [Member] | Aptos, CA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

67

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

33

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Summitpointe [Member] | Milpitas, CA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

8

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

4

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Sunset Hills [Member] | Thousand Oaks, CA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Tanoan [Member] | Albuquerque, NM [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Trophy Club of Apalachee [Member] | Dacula, GA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

55

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

77

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Trophy Club of Atlanta [Member] | Alpharetta, GA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

60

Costs capitalized subsequent to acquisition

93

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

85

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Vista Valencia [Member] | Valencia, CA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

91

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Wood Ranch [Member] | Sim Valley, CA [Member]

Initial cost - land and improvements

Initial cost - building and improvements

Initial cost - furniture, fixtures and equipment

Initial cost - construction In-progress

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - Construction in-progress

Gross Carrying Amount - total

Accumulated depreciation

^[1],[2]

Owned Properties [Member] | Other [Member]

Initial cost - land and improvements

Costs capitalized subsequent to acquisition

Gross Carrying Amount - land and improvements

Gross Carrying Amount - buildings and improvements

Gross Carrying Amount - furniture, fixtures and equipment

Gross Carrying Amount - total

[1]	The following is a rollforward of the gross carrying amount and accumulated depreciation of other real estate for the years ended December 31, 2014 and 2013.
[2]	Depreciation is calculated on a straight line basis using the estimated useful lives detailed in Note 2.
[3]	None of the gains (losses) recorded in earnings during the periods is attributable to the change in unrealized gains (losses) relating to Level 3 assets still held at the reporting dates.
[4]	These gains (losses) are recorded in the following line items in the consolidated statements of income: (See Schedule of gains losses on fair value of RE securities).