XML 28 R17.htm IDEA: XBRL DOCUMENT v3.7.0.1
Impairment
6 Months Ended
Jun. 30, 2017
Asset Impairment Charges [Abstract]  
Impairment
Impairment
The following impairment charges were recorded on the following assets based on the difference between the carrying amount of the assets and the estimated fair value (see Note 16 for additional fair value information) (in thousands):
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Continuing operations:
 
 
 
 
 
 
 
Properties held for sale, marketed for sale or sold (1)
$
26

 
$

 
$
12,198

 
$
43

Land held for development and undeveloped land (1)

 

 
2,719

 

Other

 

 
95

 

Total impairment charges
26

 

 
15,012

 
43

Other financial statement captions impacted by impairment:
 
 
 
 
 
 
 
Equity in earnings of real estate joint ventures and partnerships, net

 

 

 
326

Net (loss) income attributable to noncontrolling interests
(12
)
 

 
24

 

Net impact of impairment charges
$
14

 
$

 
$
15,036

 
$
369

___________________
(1)
Amounts reported were based on changes in management's plans for the properties, third party offers, recent comparable market transactions and/or a change in market conditions.