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Investments In Unconsolidated Joint Ventures
9 Months Ended
Sep. 30, 2018
Investments In Unconsolidated Joint Ventures [Abstract]  
Investments In Unconsolidated Joint Ventures

Note 6 – Investments in Unconsolidated Joint Ventures



Our investments in unconsolidated joint ventures are accounted for under the equity method of accounting.



The table below summarizes our active investment holdings in two (2) unconsolidated joint ventures as of September 30, 2018 and December 31, 2017:





 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



 

 

 

September 30,

 

December 31,

(Dollars in thousands)

 

Interest

 

2018

 

2017

Rialto Cinemas

 

50.0%

 

$

1,184 

 

$

1,186 

Mt. Gravatt

 

33.3%

 

 

3,861 

 

 

4,118 

Total investments

 

 

 

$

5,045 

 

$

5,304 



For the quarter and nine months ended September 30, 2018 and 2017, the recognized share of equity earnings from our investments in unconsolidated joint ventures are as follows:







 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Quarter Ended

 

Nine Months Ended



 

September 30,

 

September 30,

(Dollars in thousands)

 

2018

 

2017

 

2018

 

2017

Rialto Cinemas

 

$

 —

 

$

32 

 

$

152 

 

$

93 

Mt. Gravatt

 

 

80 

 

 

104 

 

 

515 

 

 

561 

Total equity earnings

 

$

80 

 

$

136 

 

$

667 

 

$

654