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Investments in Partially Owned Entities (Tables)
 3 Months Ended
Mar. 31, 2018
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
Below is a schedule summarizing our investments in partially owned entities.
(Amounts in thousands)
Percentage Ownership at
 
Balance as of
 
 
March 31, 2018
 
March 31, 2018
 
December 31, 2017
Investments:
 
 
 
 
 
 
Partially owned office buildings/land (1)
Various
 
$
497,735

 
$
504,393

 
Alexander’s
32.4%
 
116,078

 
126,400

 
PREIT
8.0%
 
65,187

 
66,572

 
UE
4.5%
 
44,176

 
46,152

 
Other investments (2)
Various
 
310,052

 
313,312

 
 
 
 
$
1,033,228

 
$
1,056,829

 
 
 
 
 
 
 
 
330 Madison Avenue(3)
25.0%
 
$
(54,878
)
 
$
(53,999
)
 
7 West 34th Street (4)
53.0%
 
(47,582
)
 
(47,369
)
 
 
 
 
$
(102,460
)
 
$
(101,368
)
____________________
(1)
Includes interests in 280 Park Avenue, 650 Madison Avenue, One Park Avenue, 512 West 22nd Street, 85 Tenth Avenue, 61 Ninth Avenue and others.
(2)
Includes interests in Independence Plaza, Fashion Centre Mall/Washington Tower, Rosslyn Plaza, 50-70 West 93rd Street, Moynihan Office Building, Toys (which has a carrying amount of zero), 666 Fifth Avenue Office Condominium and others.
(3)
Our negative basis resulted from a refinancing distribution and is included in "other liabilities" on our consolidated balance sheets.
(4)
Our negative basis resulted from a deferred gain from the sale of a 47.0% ownership interest in the property on May 27, 2016 and is included in "other liabilities" on our consolidated balance sheets.
8.
Investments in Partially Owned Entities - continued

Below is a schedule of net (loss) income from partially owned entities.
(Amounts in thousands)
Percentage
Ownership at
March 31, 2018
 
For the Three Months Ended March 31,
 
 
 
2018
 
2017
Our share of net (loss) income:
 
 
 
 
 
 
Partially owned office buildings(1)
Various
 
$
(4,283
)
 
$
810

 
 
 
 
 
 
 
 
Alexander's (see page 24 for details):
 
 
 
 
 
 
Equity in net (loss) income(2)
32.4%
 
(3,209
)
 
6,892

 
Management, leasing and development fees
 
 
1,208

 
1,509

 
 
 
 
(2,001
)
 
8,401

 
 
 
 
 
 
 
 
UE (see page 24 for details):
 
 
 
 
 
 
Equity in net (loss) income
4.5%
 
(717
)
 
1,091

 
Management, leasing and development fees
 
 
76

 
209

 
 
 
 
(641
)
 
1,300

 
 
 
 
 
 
 
 
PREIT (see page 25 for details):
8.0%
 
(429
)
 
(2,830
)
 
 
 
 
 
 
 
 
Other investments(3)
Various
 
(2,550
)
 
(6,323
)
 
 
 
 
 
 
 
 
 
 
 
$
(9,904
)
 
$
1,358

____________________
(1)
Includes interests in 280 Park Avenue, 650 Madison Avenue, One Park Avenue, 7 West 34th Street, 330 Madison Avenue, 512 West 22nd Street, 85 Tenth Avenue and others. 2018 includes our $4,978 share of potential additional Transfer Tax related to the March 2011 acquisition of One Park Avenue (see Note 6 - Real Estate Fund Investments).
(2)
2018 includes our $7,708 share of Alexander's potential additional Transfer Tax.
(3)
Includes interests in Independence Plaza, Fashion Centre Mall/Washington Tower, Rosslyn Plaza, 50-70 West 93rd Street, 666 Fifth Avenue Office Condominium and others.