Unconsolidated Joint Venture

12 Months Ended

Dec. 31, 2016

Equity Method Investments and Joint Ventures [Abstract]

Unconsolidated Joint Venture

16. 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, net’ in the accompanying consolidated balance sheets. Earnings for the years ended December 31, 2016 and 2015, from this unconsolidated joint venture of $87 and $129, respectively, is included in ‘Other income, net’ in the accompanying consolidated statement of operations. During the years ended December 31, 2016 and 2015, the Company collected and recorded a distribution of $102 and $93, respectively, from this joint venture as a return on investment.

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

	Twelve Months Ended December 31,
	2016		2015
Statement of Operations:
Total net revenue	$	290	$	385
Total expenses		117		127
Net income	$	173	$	258
Comstock Holding Companies, Inc. share of net income	$	87	$	129