Commitments and Contingencies

12 Months Ended

Dec. 31, 2015

Commitments And Contingencies Disclosure [Abstract]

Note 12 – Commitments and Contingencies

At December 31, 2015, HGI’s lease commitments related to its offices in California, Illinois, Maryland, Georgia and Arizona, an automobile lease, and a copier lease. The California leases expire in July 2016 and January 2020; the Illinois lease expires in June 2018, and the Georgia and Arizona leases expire in August 2016. The automobile lease expires in June 2017, and the copier lease expires in October 2018. The annual lease obligations are as shown below (in thousands):

2016	$	372
2017		226
2018		166
2019		127
2020		6
Total	$	897

In the normal course of its business, HGI may be subject to contingent liabilities with respect to assets sold either directly or through Joint Ventures. At December 31, 2015 HGI does not expect any potential contingent liabilities, individually or in the aggregate, to have a material adverse effect on its assets or results of operations.