XML 188 R45.htm IDEA: XBRL DOCUMENT v3.3.1.900
Investments in Unconsolidated Real Estate Joint Ventures (Details 2) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Balance Sheets:    
Real estate, net of depreciation $ 132,265 $ 55,091
Real estate, net of depreciation, held for sale 0 31,334
Other assets 24,737 1,193
Other assets, held for sale 0 2,458
Total assets 157,002 90,076
Mortgages payable 55,066 19,820
Mortgage payable, held for sale 0 23,569
Other liabilities 5,018 2,812
Other liabilities, held for sale 0 1,026
Total liabilities 60,084 47,227
Members' equity 96,918 42,849
Total liabilities and members' equity 157,002 90,076
Operating Statement:    
Rental revenues 2,765 7,214
Operating expenses (2,776) (3,190)
(Loss) income before debt service, acquisition costs, and depreciation and amortization (11) 4,024
Interest expense, net (756) (1,648)
Acquisition costs (66) (2)
Depreciation and amortization (2,009) (1,970)
Operating (loss) income (2,842) 404
Gain on sale 29,200 2,498
Net income $ 26,358 $ 2,902