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Real Estate Joint Ventures (Tables)
6 Months Ended
Jun. 30, 2015
Real Estate Joint Ventures [Abstract]  
Summarized Balance Sheets for Unconsolidated Investments
Summarized financial information for ALP is as follows: 
 
June 30,
2015
 
December 31,
2014
BALANCE SHEETS:
 
 
 
Cash and cash equivalents
$
14,790

 
$
15,461

Other assets
58

 
57

Total assets
$
14,848

 
$
15,518

 
 
 
 
Accounts payable and other liabilities
$
1,128

 
$
605

Equity(1)
13,720

 
14,913

Total liabilities and equity
$
14,848

 
$
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.