Real Estate Joint Ventures (Tables)

3 Months Ended

Mar. 31, 2015

Real Estate Joint Ventures [Abstract]

Summarized Balance Sheets for Unconsolidated Investments

Summarized financial information for ALP is as follows:



	March 31, 2015		December 31, 2014
BALANCE SHEETS:
Cash and cash equivalents	$	14,987	$	15,461
Other assets	58		57
Total assets	$	15,045	$	15,518

Accounts payable and other liabilities	$	483	$	605
Equity⁽¹⁾	14,562		14,913
Total liabilities and equity	$	15,045	$	15,518

(1) 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.