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Liability for Estimated Costs in Excess of Estimated Receipts During Liquidation (Tables)
 12 Months Ended
Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract]  
Summary of Accrued Revenues and Expenses Expected to Incur During Liquidation

As of December 31, 2018 and 2017, the Liquidating Trust had accrued the following revenues and expenses expected to be earned or incurred during liquidation (in thousands):

 

     December 31,
2018		      December 31,
2017		  

Rents and reimbursements

    $ 1,225      $ 2,694  

Interest income

      —          513  

Property operating expenses

      (37 )       (36 ) 

Interest expense

      (221 )       (1,101 ) 

General and administrative expenses

      (939 )       (17,992 ) 

Sales costs

      (298 )       (684 ) 
  

 

 

     

 

 

  

Liability for estimated costs in excess of estimated receipts during liquidation

    $ (270 )     $ (16,606 ) 
  

 

 

     

 

 

  
Schedule of Changes in Liability for Estimated Costs in Excess of Estimated Receipts During Liquidation

The change in the liability for estimated costs in excess of estimated receipts during liquidation as of December 31, 2018 is as follows (in thousands):

 

     December 31,
2017		      Cash Payments
(Receipts)		      Remeasurement
of Assets and
Liabilities		      December 31,
2018		  

Assets:

            

Estimated net inflows from investments in real estate and loan receivable

    $ 1,555      $ (1,939 )     $ 1,353      $ 969  

Liabilities:

            

Sales costs

      (684 )       420        (34 )       (298 ) 

Corporate expenditures

      (17,477 )       11,172        5,364        (941 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  
     (18,161 )       11,592        5,330        (1,239 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  

Total liability for estimated costs in excess of estimated receipts during liquidation

    $ (16,606 )     $ 9,653      $ 6,683      $ (270 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  

 

The change in the liability for estimated costs in excess of estimated receipts during liquidation as of December 31, 2017 is as follows (in thousands):

 

     December 31,
2016		     Cash Payments
(Receipts)		     Remeasurement
of Assets and
Liabilities		      December 31,
2017		  

Assets:

          

Estimated net inflows from investments in real estate, loans receivable and secured financing receivable

    $ 3,392     $ (2,379 )    $ 542      $ 1,555  

Liabilities:

          

Sales costs

      (2,851 )      2,027       140        (684 ) 

Corporate expenditures

      (23,727 )      3,669       2,581        (17,477 ) 
  

 

 

    

 

 

    

 

 

     

 

 

  
     (26,578 )      5,696       2,721        (18,161 ) 
  

 

 

    

 

 

    

 

 

     

 

 

  

Total liability for estimated costs in excess of estimated receipts during liquidation

    $ (23,186 )    $ 3,317     $ 3,263      $ (16,606 )