INVESTMENTS IN OTHER REAL ESTATE, NET OF ACCUMULATED DEPRECIATION - Investments in Other Real Estate (Details) - USD ($) $ in Thousands |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
Investment [Line Items] |
|
|
|
Initial cost - land |
$ 90,324
|
|
|
Initial cost - building and improvements |
134,851
|
|
|
Initial cost - furniture, fixtures and equipment |
17,092
|
|
|
Initial cost - construction In-progress |
5,635
|
|
|
Costs Capitalized Subsequent to Acquisition |
28,217
|
|
|
Gross Carrying Amount - land and improvements |
90,324
|
|
|
Gross Carrying Amount - buildings and improvements |
142,558
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
38,736
|
|
|
Gross Carrying Amount - Construction in-progress |
4,501
|
|
|
Gross Carrying Amount - total |
276,119
|
$ 263,103
|
$ 250,208
|
Accumulated depreciation |
(48,212)
|
$ (23,820)
|
$ 0
|
Net Book Value |
227,907
|
|
|
Owned Properties |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
90,324
|
|
|
Initial cost - building and improvements |
86,439
|
|
|
Initial cost - furniture, fixtures and equipment |
5,016
|
|
|
Initial cost - construction In-progress |
4,362
|
|
|
Costs Capitalized Subsequent to Acquisition |
10,460
|
|
|
Gross Carrying Amount - land and improvements |
90,324
|
|
|
Gross Carrying Amount - buildings and improvements |
91,036
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
12,293
|
|
|
Gross Carrying Amount - Construction in-progress |
2,948
|
|
|
Gross Carrying Amount - total |
196,601
|
|
|
Accumulated depreciation |
(20,999)
|
|
|
Net Book Value |
175,602
|
|
|
Owned Properties | Bear Creek | Woodville, WA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
3,573
|
|
|
Initial cost - building and improvements |
2,178
|
|
|
Initial cost - furniture, fixtures and equipment |
179
|
|
|
Initial cost - construction In-progress |
28
|
|
|
Costs Capitalized Subsequent to Acquisition |
214
|
|
|
Gross Carrying Amount - land and improvements |
3,573
|
|
|
Gross Carrying Amount - buildings and improvements |
2,271
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
327
|
|
|
Gross Carrying Amount - Construction in-progress |
1
|
|
|
Gross Carrying Amount - total |
6,172
|
|
|
Accumulated depreciation |
(582)
|
|
|
Net Book Value |
5,590
|
|
|
Owned Properties | Bradshaw Farm | Woodstock, GA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
773
|
|
|
Initial cost - building and improvements |
1,962
|
|
|
Initial cost - furniture, fixtures and equipment |
92
|
|
|
Initial cost - construction In-progress |
0
|
|
|
Costs Capitalized Subsequent to Acquisition |
405
|
|
|
Gross Carrying Amount - land and improvements |
773
|
|
|
Gross Carrying Amount - buildings and improvements |
1,972
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
487
|
|
|
Gross Carrying Amount - Construction in-progress |
0
|
|
|
Gross Carrying Amount - total |
3,232
|
|
|
Accumulated depreciation |
(544)
|
|
|
Net Book Value |
2,688
|
|
|
Owned Properties | Brookstone | Acworth, GA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
579
|
|
|
Initial cost - building and improvements |
2,448
|
|
|
Initial cost - furniture, fixtures and equipment |
200
|
|
|
Initial cost - construction In-progress |
0
|
|
|
Costs Capitalized Subsequent to Acquisition |
808
|
|
|
Gross Carrying Amount - land and improvements |
579
|
|
|
Gross Carrying Amount - buildings and improvements |
2,927
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
529
|
|
|
Gross Carrying Amount - Construction in-progress |
0
|
|
|
Gross Carrying Amount - total |
4,035
|
|
|
Accumulated depreciation |
(692)
|
|
|
Net Book Value |
3,343
|
|
|
Owned Properties | Canyon Oaks | Chico, CA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
1,545
|
|
|
Initial cost - building and improvements |
4,127
|
|
|
Initial cost - furniture, fixtures and equipment |
205
|
|
|
Initial cost - construction In-progress |
13
|
|
|
Costs Capitalized Subsequent to Acquisition |
144
|
|
|
Gross Carrying Amount - land and improvements |
1,545
|
|
|
Gross Carrying Amount - buildings and improvements |
4,156
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
323
|
|
|
Gross Carrying Amount - Construction in-progress |
10
|
|
|
Gross Carrying Amount - total |
6,034
|
|
|
Accumulated depreciation |
(946)
|
|
|
Net Book Value |
5,088
|
|
|
Owned Properties | Casta Del Sol | Mission Viejo, CA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
5,794
|
|
|
Initial cost - building and improvements |
0
|
|
|
Initial cost - furniture, fixtures and equipment |
0
|
|
|
Initial cost - construction In-progress |
0
|
|
|
Costs Capitalized Subsequent to Acquisition |
495
|
|
|
Gross Carrying Amount - land and improvements |
5,794
|
|
|
Gross Carrying Amount - buildings and improvements |
28
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
152
|
|
|
Gross Carrying Amount - Construction in-progress |
315
|
|
|
Gross Carrying Amount - total |
6,289
|
|
|
Accumulated depreciation |
(26)
|
|
|
Net Book Value |
6,263
|
|
|
Owned Properties | El Camino | Oceanside, CA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
4,635
|
|
|
Initial cost - building and improvements |
2,960
|
|
|
Initial cost - furniture, fixtures and equipment |
158
|
|
|
Initial cost - construction In-progress |
80
|
|
|
Costs Capitalized Subsequent to Acquisition |
380
|
|
|
Gross Carrying Amount - land and improvements |
4,635
|
|
|
Gross Carrying Amount - buildings and improvements |
3,237
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
312
|
|
|
Gross Carrying Amount - Construction in-progress |
29
|
|
|
Gross Carrying Amount - total |
8,213
|
|
|
Accumulated depreciation |
(684)
|
|
|
Net Book Value |
7,529
|
|
|
Owned Properties | Forrest Crossing | Franklin, TN |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
3,187
|
|
|
Initial cost - building and improvements |
807
|
|
|
Initial cost - furniture, fixtures and equipment |
76
|
|
|
Initial cost - construction In-progress |
55
|
|
|
Costs Capitalized Subsequent to Acquisition |
215
|
|
|
Gross Carrying Amount - land and improvements |
3,187
|
|
|
Gross Carrying Amount - buildings and improvements |
848
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
264
|
|
|
Gross Carrying Amount - Construction in-progress |
41
|
|
|
Gross Carrying Amount - total |
4,340
|
|
|
Accumulated depreciation |
(263)
|
|
|
Net Book Value |
4,077
|
|
|
Owned Properties | Gettysvue | Knoxville, TN |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
2,994
|
|
|
Initial cost - building and improvements |
1,428
|
|
|
Initial cost - furniture, fixtures and equipment |
235
|
|
|
Initial cost - construction In-progress |
181
|
|
|
Costs Capitalized Subsequent to Acquisition |
284
|
|
|
Gross Carrying Amount - land and improvements |
2,994
|
|
|
Gross Carrying Amount - buildings and improvements |
1,647
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
396
|
|
|
Gross Carrying Amount - Construction in-progress |
85
|
|
|
Gross Carrying Amount - total |
5,122
|
|
|
Accumulated depreciation |
(561)
|
|
|
Net Book Value |
4,561
|
|
|
Owned Properties | Lomas Santa Fe (Executive) | Solana Beach, CA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
3,766
|
|
|
Initial cost - building and improvements |
0
|
|
|
Initial cost - furniture, fixtures and equipment |
0
|
|
|
Initial cost - construction In-progress |
0
|
|
|
Costs Capitalized Subsequent to Acquisition |
120
|
|
|
Gross Carrying Amount - land and improvements |
3,766
|
|
|
Gross Carrying Amount - buildings and improvements |
63
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
21
|
|
|
Gross Carrying Amount - Construction in-progress |
36
|
|
|
Gross Carrying Amount - total |
3,886
|
|
|
Accumulated depreciation |
(18)
|
|
|
Net Book Value |
3,868
|
|
|
Owned Properties | Marbella | SJ Capistrano, CA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
5,794
|
|
|
Initial cost - building and improvements |
9,114
|
|
|
Initial cost - furniture, fixtures and equipment |
410
|
|
|
Initial cost - construction In-progress |
0
|
|
|
Costs Capitalized Subsequent to Acquisition |
1,944
|
|
|
Gross Carrying Amount - land and improvements |
5,794
|
|
|
Gross Carrying Amount - buildings and improvements |
9,215
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
857
|
|
|
Gross Carrying Amount - Construction in-progress |
1,396
|
|
|
Gross Carrying Amount - total |
17,262
|
|
|
Accumulated depreciation |
(1,948)
|
|
|
Net Book Value |
15,314
|
|
|
Owned Properties | Monterey | Palm Desert, CA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
5,698
|
|
|
Initial cost - building and improvements |
3,004
|
|
|
Initial cost - furniture, fixtures and equipment |
202
|
|
|
Initial cost - construction In-progress |
19
|
|
|
Costs Capitalized Subsequent to Acquisition |
892
|
|
|
Gross Carrying Amount - land and improvements |
5,698
|
|
|
Gross Carrying Amount - buildings and improvements |
3,471
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
646
|
|
|
Gross Carrying Amount - Construction in-progress |
0
|
|
|
Gross Carrying Amount - total |
9,815
|
|
|
Accumulated depreciation |
(903)
|
|
|
Net Book Value |
8,912
|
|
|
Owned Properties | Oakhurst | Clayton, CA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
1,449
|
|
|
Initial cost - building and improvements |
2,575
|
|
|
Initial cost - furniture, fixtures and equipment |
428
|
|
|
Initial cost - construction In-progress |
1,645
|
|
|
Costs Capitalized Subsequent to Acquisition |
(1,251)
|
|
|
Gross Carrying Amount - land and improvements |
1,449
|
|
|
Gross Carrying Amount - buildings and improvements |
2,649
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
653
|
|
|
Gross Carrying Amount - Construction in-progress |
95
|
|
|
Gross Carrying Amount - total |
4,846
|
|
|
Accumulated depreciation |
(946)
|
|
|
Net Book Value |
3,900
|
|
|
Owned Properties | Oregon Golf Club | West Linn, OR |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
4,828
|
|
|
Initial cost - building and improvements |
8,011
|
|
|
Initial cost - furniture, fixtures and equipment |
416
|
|
|
Initial cost - construction In-progress |
51
|
|
|
Costs Capitalized Subsequent to Acquisition |
604
|
|
|
Gross Carrying Amount - land and improvements |
4,828
|
|
|
Gross Carrying Amount - buildings and improvements |
8,039
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
856
|
|
|
Gross Carrying Amount - Construction in-progress |
187
|
|
|
Gross Carrying Amount - total |
13,910
|
|
|
Accumulated depreciation |
(1,742)
|
|
|
Net Book Value |
12,168
|
|
|
Owned Properties | Palm Valley | Palm Desert, CA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
7,531
|
|
|
Initial cost - building and improvements |
8,864
|
|
|
Initial cost - furniture, fixtures and equipment |
379
|
|
|
Initial cost - construction In-progress |
56
|
|
|
Costs Capitalized Subsequent to Acquisition |
232
|
|
|
Gross Carrying Amount - land and improvements |
7,531
|
|
|
Gross Carrying Amount - buildings and improvements |
8,744
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
665
|
|
|
Gross Carrying Amount - Construction in-progress |
122
|
|
|
Gross Carrying Amount - total |
17,062
|
|
|
Accumulated depreciation |
(1,845)
|
|
|
Net Book Value |
15,217
|
|
|
Owned Properties | Plantation | Boise, ID |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
2,607
|
|
|
Initial cost - building and improvements |
2,236
|
|
|
Initial cost - furniture, fixtures and equipment |
262
|
|
|
Initial cost - construction In-progress |
13
|
|
|
Costs Capitalized Subsequent to Acquisition |
248
|
|
|
Gross Carrying Amount - land and improvements |
2,607
|
|
|
Gross Carrying Amount - buildings and improvements |
2,314
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
445
|
|
|
Gross Carrying Amount - Construction in-progress |
0
|
|
|
Gross Carrying Amount - total |
5,366
|
|
|
Accumulated depreciation |
(663)
|
|
|
Net Book Value |
4,703
|
|
|
Owned Properties | Rancho San Joaquin | Irvine, CA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
12,650
|
|
|
Initial cost - building and improvements |
3,775
|
|
|
Initial cost - furniture, fixtures and equipment |
279
|
|
|
Initial cost - construction In-progress |
1,366
|
|
|
Costs Capitalized Subsequent to Acquisition |
(12)
|
|
|
Gross Carrying Amount - land and improvements |
12,650
|
|
|
Gross Carrying Amount - buildings and improvements |
4,668
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
730
|
|
|
Gross Carrying Amount - Construction in-progress |
10
|
|
|
Gross Carrying Amount - total |
18,058
|
|
|
Accumulated depreciation |
(995)
|
|
|
Net Book Value |
17,063
|
|
|
Owned Properties | Seascape | Aptos, CA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
2,897
|
|
|
Initial cost - building and improvements |
4,944
|
|
|
Initial cost - furniture, fixtures and equipment |
108
|
|
|
Initial cost - construction In-progress |
67
|
|
|
Costs Capitalized Subsequent to Acquisition |
289
|
|
|
Gross Carrying Amount - land and improvements |
2,897
|
|
|
Gross Carrying Amount - buildings and improvements |
4,967
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
360
|
|
|
Gross Carrying Amount - Construction in-progress |
81
|
|
|
Gross Carrying Amount - total |
8,305
|
|
|
Accumulated depreciation |
(904)
|
|
|
Net Book Value |
7,401
|
|
|
Owned Properties | Summitpointe | Milpitas, CA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
2,511
|
|
|
Initial cost - building and improvements |
3,271
|
|
|
Initial cost - furniture, fixtures and equipment |
128
|
|
|
Initial cost - construction In-progress |
8
|
|
|
Costs Capitalized Subsequent to Acquisition |
746
|
|
|
Gross Carrying Amount - land and improvements |
2,511
|
|
|
Gross Carrying Amount - buildings and improvements |
3,542
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
584
|
|
|
Gross Carrying Amount - Construction in-progress |
27
|
|
|
Gross Carrying Amount - total |
6,664
|
|
|
Accumulated depreciation |
(717)
|
|
|
Net Book Value |
5,947
|
|
|
Owned Properties | Sunset Hills | Thousand Oaks, CA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
2,125
|
|
|
Initial cost - building and improvements |
5,447
|
|
|
Initial cost - furniture, fixtures and equipment |
383
|
|
|
Initial cost - construction In-progress |
0
|
|
|
Costs Capitalized Subsequent to Acquisition |
799
|
|
|
Gross Carrying Amount - land and improvements |
2,125
|
|
|
Gross Carrying Amount - buildings and improvements |
5,525
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
1,022
|
|
|
Gross Carrying Amount - Construction in-progress |
82
|
|
|
Gross Carrying Amount - total |
8,754
|
|
|
Accumulated depreciation |
(1,329)
|
|
|
Net Book Value |
7,425
|
|
|
Owned Properties | Tanoan | Albuquerque, NM |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
1,642
|
|
|
Initial cost - building and improvements |
7,600
|
|
|
Initial cost - furniture, fixtures and equipment |
431
|
|
|
Initial cost - construction In-progress |
364
|
|
|
Costs Capitalized Subsequent to Acquisition |
419
|
|
|
Gross Carrying Amount - land and improvements |
1,642
|
|
|
Gross Carrying Amount - buildings and improvements |
8,020
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
786
|
|
|
Gross Carrying Amount - Construction in-progress |
8
|
|
|
Gross Carrying Amount - total |
10,456
|
|
|
Accumulated depreciation |
(1,996)
|
|
|
Net Book Value |
8,460
|
|
|
Owned Properties | Trophy Club of Apalachee | Dacula, GA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
483
|
|
|
Initial cost - building and improvements |
640
|
|
|
Initial cost - furniture, fixtures and equipment |
55
|
|
|
Initial cost - construction In-progress |
0
|
|
|
Costs Capitalized Subsequent to Acquisition |
397
|
|
|
Gross Carrying Amount - land and improvements |
483
|
|
|
Gross Carrying Amount - buildings and improvements |
879
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
166
|
|
|
Gross Carrying Amount - Construction in-progress |
47
|
|
|
Gross Carrying Amount - total |
1,575
|
|
|
Accumulated depreciation |
(221)
|
|
|
Net Book Value |
1,354
|
|
|
Owned Properties | Trophy Club of Atlanta | Alpharetta, GA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
483
|
|
|
Initial cost - building and improvements |
3,898
|
|
|
Initial cost - furniture, fixtures and equipment |
60
|
|
|
Initial cost - construction In-progress |
0
|
|
|
Costs Capitalized Subsequent to Acquisition |
377
|
|
|
Gross Carrying Amount - land and improvements |
483
|
|
|
Gross Carrying Amount - buildings and improvements |
3,935
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
198
|
|
|
Gross Carrying Amount - Construction in-progress |
202
|
|
|
Gross Carrying Amount - total |
4,818
|
|
|
Accumulated depreciation |
(638)
|
|
|
Net Book Value |
4,180
|
|
|
Owned Properties | Vista Valencia | Valencia, CA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
1,352
|
|
|
Initial cost - building and improvements |
5,199
|
|
|
Initial cost - furniture, fixtures and equipment |
91
|
|
|
Initial cost - construction In-progress |
0
|
|
|
Costs Capitalized Subsequent to Acquisition |
344
|
|
|
Gross Carrying Amount - land and improvements |
1,352
|
|
|
Gross Carrying Amount - buildings and improvements |
5,399
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
225
|
|
|
Gross Carrying Amount - Construction in-progress |
10
|
|
|
Gross Carrying Amount - total |
6,986
|
|
|
Accumulated depreciation |
(948)
|
|
|
Net Book Value |
6,038
|
|
|
Owned Properties | Wood Ranch | Sim Valley, CA |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
2,125
|
|
|
Initial cost - building and improvements |
1,951
|
|
|
Initial cost - furniture, fixtures and equipment |
239
|
|
|
Initial cost - construction In-progress |
416
|
|
|
Costs Capitalized Subsequent to Acquisition |
678
|
|
|
Gross Carrying Amount - land and improvements |
2,125
|
|
|
Gross Carrying Amount - buildings and improvements |
2,284
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
927
|
|
|
Gross Carrying Amount - Construction in-progress |
73
|
|
|
Gross Carrying Amount - total |
5,409
|
|
|
Accumulated depreciation |
(789)
|
|
|
Net Book Value |
4,620
|
|
|
Owned Properties | Other |
|
|
|
Investment [Line Items] |
|
|
|
Initial cost - land |
9,303
|
|
|
Initial cost - building and improvements |
0
|
|
|
Initial cost - furniture, fixtures and equipment |
0
|
|
|
Initial cost - construction In-progress |
0
|
|
|
Costs Capitalized Subsequent to Acquisition |
689
|
|
|
Gross Carrying Amount - land and improvements |
9,303
|
|
|
Gross Carrying Amount - buildings and improvements |
236
|
|
|
Gross Carrying Amount - furniture, fixtures and equipment |
362
|
|
|
Gross Carrying Amount - Construction in-progress |
91
|
|
|
Gross Carrying Amount - total |
9,992
|
|
|
Accumulated depreciation |
(99)
|
|
|
Net Book Value |
$ 9,893
|
|
|