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Long-Term Investments (Tables)
6 Months Ended
Jun. 30, 2017
Long-term Investments [Abstract]  
Cost method investments
Long-term investments consisted of the following:
 
June 30, 2017
 
December 31, 2016
Investments accounted at cost
$
60,450

 
$
35,476

Investments accounted for under the equity method
14,721

 
17,721

 
$
75,171

 
$
53,197

Long-term investments accounted at cost consisted of the following:

 
June 30, 2017
 
December 31, 2016
 
Carrying
 
Fair
 
Carrying
 
Fair
 
Value
 
Value
 
Value
 
Value
Investment partnerships
$
60,450

 
$
68,857

 
$
34,975

 
$
40,569

Real estate partnership

 

 
501

 
494

 
$
60,450

 
$
68,857

 
$
35,476

 
$
41,063

Equity method investments
Long-term investments accounted for under the equity method consisted of the following:
 
June 30,
2017
 
December 31, 2016
Indian Creek Investors LP ("Indian Creek")
$
3,209

 
$
5,248

Boyar Value Fund ("Boyar")
8,328

 
7,816

Ladenburg Thalmann Financial Services Inc. ("LTS")
3,184

 
4,657

Castle Brands, Inc. ("Castle")

 

 
$
14,721

 
$
17,721

Long-term investments consisted of the following:
 
June 30, 2017
 
December 31, 2016
Investments accounted at cost
$
60,450

 
$
35,476

Investments accounted for under the equity method
14,721

 
17,721

 
$
75,171

 
$
53,197

Condominium and Mixed Use Development:

 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Income Statement
 
 
 
 
 
 
 
Revenue
$
102,039

 
$
196,658

 
$
162,364

 
$
258,584

Cost of sales
49,037

 
122,911

 
101,879

 
155,714

Other expenses
1,512

 
1,151

 
3,093

 
1,436

Income from continuing operations
$
51,490

 
$
72,596

 
$
57,392

 
$
101,434