Equity Investments (Tables)

6 Months Ended

Jun. 30, 2014

Equity Method Investments And Joint Ventures [Abstract]

Trust's Carrying Amounts in its Equity Investments

The Trust’s carrying amounts in its equity investments consist of the following at June 30, 2014 and December 31, 2013 (in thousands):

Venture Partner	Equity Investment	Nominal % Ownership at June 30, 2014			June 30, 2014		December 31, 2013
Gancar Trust (1)	Vintage Housing Holdings LLC		75.0	%	$	35,102	$	34,153
Elad Canada Ltd	WRT One South State Lender LP		50.0	%		24,209		23,661
Elad Canada Ltd	WRT-Elad One South State Equity LP		50.0	%		—		—
Mack-Cali	WRT-Stamford LLC		20.0	%		9,354		9,064
Atrium/Northstar	10 Metrotech Loan LLC		33.3	%		11		11
Atrium Holding	RE CDO Management LLC		50.0	%		967		992
Freed	Mentor Retail LLC		49.9	%		582		635
Inland/Lexington	Concord Debt Holdings LLC		33.3	%		—		—
Inland/Lexington	CDH CDO LLC		24.8	%		—		—
Inland (2)	Concord Debt Holdings LLC		33.3	%		539		966
Inland (2)	CDH CDO LLC		24.8	%		4,478		4,215
Sealy (1)	Northwest Atlanta Partners LP		60.0	%		5,709		7,635
Marc Realty (1)	Brooks Building LLC		50.0	%		5,796		6,551
Marc Realty (1)	High Point Plaza LLC		50.0	%		—		—
Marc Realty (1)	1701 Woodfield LLC		50.0	%		—		150
Marc Realty (1)	Enterprise Center LLC		50.0	%		—		50
Marc Realty (1)	Atrium Mall LLC		50.0	%		3,720		3,845
ROIC	WRT-ROIC Lakeside Eagle LLC		50.0	%		1		—
New Valley/Witkoff	701 7th WRT Investors LLC		70.5	%		103,726		55,259
Fenway	WRT-Fenway Wateridge LLC		50.0	%		2,095		1,898
Freed	Edens Plaza Associates LLC		1.0	%		249		—
					$	196,538	$	149,085

(1) The Trust has determined that these equity investments are investments in VIEs. The Trust has determined that it is not the primary beneficiary of these VIEs since the Trust does not have the power to direct the activities that most significantly impact the economic performance of the VIEs.

(2) Represents the interests acquired from Lexington Realty Trust on May 1, 2012.

Activity of the Trust's Equity Investments

The following table reflects the activity of the Trust’s equity investments for the period ended June 30, 2014 (in thousands):

Investment	Balance at December 31, 2013		Contributions		Equity Income (loss)			Distributions			Sales Price			Balance at June 30, 2014
Vintage Housing Holdings LLC (2)	$	34,153	$	450	$	3,679		$	(3,180	)		—		$	35,102
WRT-Elad One South State Equity LP (2)		—		—		10			(10	)		—		$	—
WRT One South State Lender LP (2)		23,661		10		2,499			(1,961	)		—		$	24,209
WRT-Stamford LLC		9,064		—		461			(171	)		—		$	9,354
10 Metrotech Loan LLC		11		—		—			—			—		$	11
RE CDO Management LLC		992		—		6			(31	)		—		$	967
Concord Debt Holdings LLC		—		—		515			(515	)		—		$	—
CDH CDO LLC		—		—		984			(984	)		—		$	—
Concord Debt Holdings LLC (1)		966		—		88			(515	)		—		$	539
CDH CDO LLC (1)		4,215		—		1,247			(984	)		—		$	4,478
Mentor Retail LLC		635		—		37			(90	)		—		$	582
701 7th WRT Investors LLC (3) (4)		55,259		45,338		3,497			(368	)		—		$	103,726
WRT-Fenway Wateridge LLC (2)		1,898		91		106			—			—		$	2,095
Sealy		7,635		—		(1,926	)		—			—		$	5,709
Marc Realty		6,751		—		(755	)		—			(200	)	$	5,796
WRT-ROIC Lakeside Eagle LLC		—		20		(19	)		—			—		$	1
Atrium Mall LLC		3,845		—		(56	)		(69	)		—		$	3,720
Edens Plaza Associates LLC		—		250		(1	)		—			—		$	249
Total	$	149,085	$	46,159	$	10,372		$	(8,878	)	$	(200	)	$	196,538

(1) Represents the interests acquired from Lexington Realty Trust on May 1, 2012.

(2) The Trust has elected to report its share of earnings from the investment on a one month lag period.

(3) The Trust has elected to report its share of earnings from the investment on a three month lag period.

(4) Contributions include $2,053 of capitalized interest.