Real Estate Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2014

Real Estate Joint Ventures [Abstract]

Summarized Balance Sheets for Unconsolidated Investments

Summarized financial information for the unconsolidated investments on a combined basis is as follows:



	December 31, 2014		December 31, 2013
BALANCE SHEETS:
Investment in real estate	$	—	$	12,124
Cash and cash equivalents	15,461		16,897
Other assets	57		72
Total assets	$	15,518	$	29,093

Accounts payable and other liabilities	$	605	$	159
Equity⁽¹⁾	14,913		28,934
Total liabilities and equity	$	15,518	$	29,093

(1) The majority of the equity in unconsolidated investments relates to ALP. In 2008, the Company wrote-off its investment in ALP as a result of ALP reserving its assets to satisfy potential claims and obligations in accordance with its publicly reported liquidation basis of accounting. Subsequently, ALP changed its method of accounting to a going concern basis and reinstated its equity and stated it would report certain expenses as they are incurred. The Company has not recorded any additional equity income as a result of the ALP’s change in accounting.

Summarized Statements of Operations for Unconsolidated Investments



	2014		2013		2012
STATEMENTS OF OPERATIONS:
Total expenses, net	$	1,952	$	1,014	$	1,042
Net loss	$	1,952	$	1,014	$	1,042