Investments in Affiliates (Tables)

9 Months Ended

Sep. 30, 2016

Investments in and Advances to Affiliates, Schedule of Investments [Abstract]

Investments in and Advances to Affiliates [Table Text Block]

The investments in affiliates balance consists of the following:

(in thousands)	September 30, 2016		December 31, 2015		September 30, 2015
Equity method investments in real estate affiliates	$	24,638	$	24,103	$	24,093
Equity method investment in other affiliate	9,718		9,079		8,984
Total investments in affiliates	$	34,356	$	33,182	$	33,077

Equity Method Investment Summarized Balance Sheet Location [Table Text Block]

The following table provides summarized balance sheet information for our affiliates accounted for under the equity method on a combined basis:

(in thousands)	September 30, 2016		December 31, 2015		September 30, 2015
Total assets	$	167,859	$	175,477	$	179,949
Net assets	95,128		104,370		106,239
Granite’s share of net assets	34,356		33,182		33,077