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Investment in Woodbridge Holdings, LLC (Tables) - Woodbridge Holdings, LLC [Member]
3 Months Ended
Mar. 31, 2016
Schedule of Equity Method Investments [Line Items]  
Investment In Venture And The Adjustment To Investment



 

 

 

 



 

 



 

For the Three Months Ended



 

March 31,



 

2016

 

2015



 

 

 

 

Investment in Woodbridge - beginning of period

$

75,545 

 

73,026 

Equity in earnings of Woodbridge

 

6,735 

 

5,803 

Dividends received from Woodbridge

 

(4,210)

 

 -

Investment in Woodbridge - end of period

$

78,070 

 

78,829 



Summary Of Statement Of Financial Condition



 

 

 

 



 

 

 

 



 

As of



 

March 31,

 

December 31,



 

2016

 

2015

Assets

 

 

 

 

Cash and restricted cash

$

215,194 

 

172,758 

Notes receivable, net

 

410,401 

 

415,598 

Notes receivable from related parties

 

80,000 

 

80,000 

Inventory of real estate

 

219,983 

 

220,211 

Properties and equipment, net

 

71,654 

 

71,937 

Intangible assets, net

 

61,920 

 

61,977 

Other assets

 

66,453 

 

61,794 

   Total assets

$

1,125,605 

 

1,084,275 

Liabilities and Equity

 

 

 

 

Accounts payable, accrued liabilities and other

$

116,252 

 

113,473 

Deferred tax liabilities, net

 

120,048 

 

110,202 

Notes payable

 

524,304 

 

503,521 

Junior subordinated debentures

 

150,982 

 

150,485 

   Total liabilities

 

911,586 

 

877,681 

   Total Woodbridge members' equity

 

168,885 

 

163,397 

Noncontrolling interest

 

45,134 

 

43,197 

   Total equity

 

214,019 

 

206,594 

   Total liabilities and equity

$

1,125,605 

 

1,084,275 



Condensed Statement Of Operations



 

 

 

 



 

 

 

 



 

For the Three Months Ended



 

March 31,



 

2016

 

2015

Total revenues

$

144,068 

 

128,430 

Total costs and expenses

 

117,811 

 

105,489 

Other income

 

166 

 

1,066 

Income before taxes

 

26,423 

 

24,007 

Provision for income taxes

 

9,845 

 

8,606 

Net income

 

16,578 

 

15,401 

Net income attributable to noncontrolling interest

 

(1,937)

 

(2,786)

Net income attributable to Woodbridge

 

14,641 

 

12,615 

BBX Capital 46% equity in earnings of Woodbridge

$

6,735 

 

5,803