New Valley LLC (Tables)

6 Months Ended

Jun. 30, 2014

Schedule of summarized financial information

Summarized income statement information for Douglas Elliman for the three and six months ended June 30, 2013, is presented below.



	Three Months Ended		Six Months Ended
	June 30, 2013		June 30, 2013
Revenues	$	113,647	$	188,184
Costs and expenses	100,093		173,707
Depreciation expense	985		1,958
Amortization expense	55		111
Other income	261		403
Interest income, net	8		8
Income tax expense	301		242
Net income	$	12,482	$	12,577

Investments In non-consolidated real estate businesses

Investments in non-consolidated real estate businesses. New Valley also holds equity investments in various real estate projects domestically and internationally. The components of “Investments in non-consolidated real estate businesses” were as follows:



	June 30, 2014		December 31, 2013

Sesto Holdings	$	5,037	$	5,037
Land Development	5,037		5,037

10 Madison Square Park West (f/k/a 1107 Broadway)	6,384		6,579
The Whitman	526		1,165
The Marquand	7,000		7,000
11 Beach Street	12,328		11,160
701 Seventh Avenue	11,324		11,148
101 Murray Street	23,006		19,256
Leroy Street	652		1,150
PUBLIC Chrystie House (f/k/a Chrystie Street)	3,081		2,048
25-19 43rd Avenue	733		—
23-10 Queens Plaza South	9,528		8,058
8701 Collins Avenue	4,000		3,794
Condominium and Mixed Use Development	78,562		71,358

Maryland Portfolio	3,518		3,498
ST Portfolio	15,550		15,984
Apartment Buildings	19,068		19,482

Park Lane Hotel	17,447		19,514
Hotel Taiwana	7,467		7,428
Coral Beach	3,410		2,964
Hotels	28,324		29,906

Other	2,638		2,419

Investments in non-consolidated real estate businesses	$	133,629	$	128,202

Schedule of consolidated real estate investments

The components of “Real estate held for sale, net” were as follows:



	June 30, 2014		December 31, 2013
Escena, net	$	10,669	$	10,625
Indian Creek	—		10,286
Real estate held for sale, net	$	10,669	$	20,911

Investment in Escena

The assets of "Escena, net" are as follows:



	June 30, 2014			December 31, 2013
Land and land improvements	$	8,930		$	8,930
Building and building improvements	1,830			1,530
Other	1,526			1,577
	12,286			12,037
Less accumulated depreciation	(1,617		)	(1,412		)
	$	10,669		$	10,625