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Investments in Affiliates (Tables)
3 Months Ended
Mar. 31, 2018
Investments In And Advances To Affiliates Schedule Of Investments [Abstract]  
Investments in and Advances to Affiliates [Table Text Block]

Our investments in affiliates balance consists of the following:

 

(in thousands)

 

March 31,

2018

 

 

December 31,

2017

 

 

March 31,

2017

 

Equity method investments in real estate affiliates

 

$

29,829

 

 

$

29,472

 

 

$

26,883

 

Equity method investment in other affiliate

 

 

8,853

 

 

 

8,997

 

 

 

9,527

 

Total investments in affiliates

 

$

38,682

 

 

$

38,469

 

 

$

36,410

 

 

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)

 

March 31,

2018

 

 

December 31,

2017

 

 

March 31,

2017

 

Total assets

 

$

123,562

 

 

$

160,359

 

 

$

150,637

 

Net assets

 

 

69,637

 

 

 

98,592

 

 

 

93,675

 

Granite’s share of net assets

 

 

38,682

 

 

 

38,469

 

 

 

36,410