Real Estate Joint Ventures (Tables)

3 Months Ended

Mar. 31, 2017

Equity Method Investments and Joint Ventures [Abstract]

Summarized Balance Sheets for Unconsolidated Investments

Summarized financial information for ALP is as follows: 

	March 31, 2017		December 31, 2016
BALANCE SHEETS:
Cash and cash equivalents	$	11,412	$	11,948
Other assets	61		59
Total assets	$	11,473	$	12,007
Accounts payable and other liabilities	$	592	$	955
Equity(1)	10,881		11,052
Total liabilities and equity	$	11,473	$	12,007

(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 ALP’s change in accounting.