Real Estate and Other Assets Held for Sale and Related Liabilities

9 Months Ended

Sep. 30, 2015

Real Estate and Other Assets Held for Sale and Related Liabilities

8.	Real Estate and Other Assets Held for Sale and Related Liabilities

Real estate and other assets held for sale include completed real estate projects or land for sale in their present condition that have met all of the “held for sale” criteria of the “Property, Plant and Equipment” Topic of the FASB ASC (Topic 360) and other assets directly related to such projects. Liabilities related to real estate and other assets held for sale have been included within other current liabilities in the accompanying consolidated balance sheets.

We did not hold any real estate and other assets for sale at September 30, 2015. Real estate and other assets held for sale and related liabilities at December 31, 2014 were as follows (dollars in thousands):


Assets:
Real estate held for sale (see Note 9)	$	3,840
Other current assets		5

Total real estate and other assets held for sale		3,845


Liabilities:
Accounts payable and accrued expenses		61

Total liabilities related to real estate and other assets held for sale		61

Net real estate and other assets held for sale	$	3,784