Unconsolidated Joint Venture

12 Months Ended

Dec. 31, 2015

Equity Method Investments and Joint Ventures [Abstract]

Unconsolidated Joint Venture

17. UNCONSOLIDATED JOINT VENTURE

The Company accounts for its interest in its title insurance joint venture using the equity method of accounting and adjusts the carrying value for its proportionate share of earnings, losses and distributions. The investment in the unconsolidated joint venture is included within ‘Other assets’ in the accompanying consolidated balance sheets. Earnings for the years ended December 31, 2015 and 2014, from this unconsolidated joint venture of $129 and $142, respectively, is included in ‘Other income, net’ in the accompanying consolidated statement of operations. During the years ended December 31, 2015 and 2014, the Company collected and recorded a distribution of $93 and $174, respectively, from this joint venture as a return on investment.

Summarized financial information for the unconsolidated joint venture is as follows:

	Twelve Months Ended December 31,
	2015		2014
Statement of Operations:
Total net revenue	$	385	$	399
Total expenses		127		116
Net income	$	258	$	283
Comstock Holding Companies, Inc. share of net income	$	129	$	142