FAIR VALUE DISCLOSURES - Schedule of Impairment (Details) - USD ($) $ in Thousands |
12 Months Ended | |
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Dec. 31, 2020 |
Dec. 31, 2019 |
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Description: | ||
Impairment of real estate | $ 24,900 | $ 7,300 |
Land held for sale | 72,700 | 36,600 |
Fair Value, Nonrecurring | Fair Value, Inputs, Level 3 | ||
Description: | ||
Impairment of real estate | 24,852 | 7,293 |
Initial basis of long-lived real estate assets | 71,769 | 50,242 |
Land held for sale | $ 46,917 | $ 42,949 |
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- Definition Inventory, Real Estate, Impairment Disclosure No definition available.
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- Definition Inventory, Real Estate, Land And Land Development Costs, At Cost No definition available.
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- Definition The charge against earnings in the period to reduce the carrying amount of real property to fair value. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Carrying amount net of impairment reserves as of the balance sheet date primarily consisting of deposits for land purchases (including option payments), related acquisition costs, and land which is not expected to be developed in the next two years. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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