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Long-Term Investments (Tables)
3 Months Ended
Mar. 31, 2018
Long-term Investments [Abstract]  
Cost method investments Long-term investments consisted of the following:
 
March 31, 2018
 
December 31, 2017
Equity securities at fair value that qualify for the NAV practical expedient
$
71,019

 
$

Investments accounted at cost

 
65,450

Equity-method investments
16,589

 
15,841

 
$
87,608

 
$
81,291

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

 
December 31, 2017
 
Carrying
 
Fair
 
Value
 
Value
Investment partnerships
$
65,450

 
$
74,111

 
$
65,450

 
$
74,111

Equity method investments Long-term investments consisted of the following:
 
March 31, 2018
 
December 31, 2017
Equity securities at fair value that qualify for the NAV practical expedient
$
71,019

 
$

Investments accounted at cost

 
65,450

Equity-method investments
16,589

 
15,841

 
$
87,608

 
$
81,291

Equity-method investments consisted of the following:
 
March 31,
2018
 
December 31, 2017
Indian Creek Investors LP (“Indian Creek”)
$
5,484

 
$
4,498

Boyar Value Fund (“Boyar”)
8,927

 
9,026

Ladenburg Thalmann Financial Services Inc. (“LTS”)
2,178

 
2,317

Castle Brands, Inc. (“Castle”)

 

 
$
16,589

 
$
15,841

Condominium and Mixed Use Development:

 
Three Months Ended March 31,
 
2018
 
2017
Income Statement
 
 
 
Revenue
$
159,492

 
$
128,278

Cost of sales
115,182

 
102,195

Other expenses
23,775

 
2,769

Income from continuing operations
$
20,535

 
$
23,314