XML 42 R30.htm IDEA: XBRL DOCUMENT v3.19.2
Long-Term Investments (Tables)
6 Months Ended
Jun. 30, 2019
Long-term Investments [Abstract]  
Equity method investments

Long-term investments consisted of the following:
 
June 30, 2019
 
December 31, 2018
Equity securities at fair value that qualify for the NAV practical expedient
$
53,175

 
$
54,628

Equity-method investments
10,639

 
11,631

 
$
63,814

 
$
66,259


Equity-method investments consisted of the following:
 
June 30,
2019
 
December 31, 2018
Indian Creek Investors LP (“Indian Creek”)
$
719

 
$
1,167

Boyar Value Fund (“Boyar”)
9,444

 
8,384

Ladenburg Thalmann Financial Services Inc. (“LTS”)
476

 
2,080

Castle Brands, Inc. (“Castle”)

 

 
$
10,639

 
$
11,631


The following summarized financial data for certain unconsolidated subsidiaries that meet certain thresholds pursuant to SEC Regulation S-X Rule 210.10-01(b) includes information for the 125 Greenwich Street investment. New Valley has elected a one-month lag reporting period for the investment.

Condominium and Mixed Use Development:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Income Statement
 
 
 
 
 
 
 
Revenue
$
2

 
$
12

 
$
3

 
$
21

Other expenses
2,013

 
143,723

 
2,755

 
144,478

Loss from continuing operations
$
(2,011
)
 
$
(143,711
)
 
$
(2,752
)
 
$
(144,457
)