Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2016

Schedule Of Fair Value Assets Measured On Nonrecurring Basis

The following table presents major categories of assets measured at fair value on a non-recurring basis as of March 31, 2016 (in thousands):



			Fair Value Measurements Using
			Quoted prices in	Significant		Total
			Active Markets	Other	Significant	Impairments (1)
		As of	for Identical	Observable	Unobservable	For the Three
		March 31,	Assets	Inputs	Inputs	Months Ended
Description		2016	(Level 1)	(Level 2)	(Level 3)	March 31, 2016
Loans measured for
impairment using the fair value
of the underlying collateral	$	57	-	-	57	18

Impaired real estate held-for-sale		9,080	-	-	9,080	293
Impaired loans held-for-sale		7,509	-	-	7,509	93
Total	$	16,646	-	-	16,646	404

(1)

Total impairments represent the amount of losses recognized during the three months ended March 31, 2016 on assets that were held and measured at fair value as of March 31, 2016.

The following table presents major categories of assets measured at fair value on a non-recurring basis as of March 31, 2015 (in thousands):



			Fair Value Measurements Using
			Quoted prices in	Significant		Total
			Active Markets	Other	Significant	Impairments (1)
		As of	for Identical	Observable	Unobservable	For the Three
		March 31,	Assets	Inputs	Inputs	Months Ended
Description		2015	(Level 1)	(Level 2)	(Level 3)	March 31, 2015
Loans measured for
impairment using the fair value
of the underlying collateral	$	110	-	-	110	117
Impaired real estate held-for-sale
and held-for-investment		1,631	-	-	1,631	372
Total	$	1,741	-	-	1,741	489

(1)

Total impairments represent the amount of losses recognized during the three months ended March 31, 2015 on assets that were held and measured at fair value as of March 31, 2015.

Schedule Of Quantitative Fair Value Measurements

Quantitative information about significant unobservable inputs within Level 3 on major categories of assets measured on a non-recurring basis is as follows (dollars in thousands):



As of March 31, 2016		Fair	Valuation	Unobservable
Description		Value	Technique	Inputs	Range (Average) (1)(2)
Loans measured for
impairment using the fair value			Fair Value of	Discount Rates and Appraised
of the underlying collateral	$	57	Collateral	Value less Cost to Sell	$0.6 million

Impaired real estate			Fair Value of
held-for-sale		9,080	Property	Asset Purchase Agreements	$0.2 - $8.8 million ($4.5 million)

			Fair Value of	Discount Rates and Appraised
Impaired loans held-for-sale		7,509	Collateral	Value less Cost to Sell	$0.1 - $1.1 million ($0.5 million)
Total	$	16,646

(1) Range and average appraised values were reduced by costs to sell.

(2) Average was computed by dividing the aggregate amounts by the number of loans or real estate properties.

Quantitative information about significant unobservable inputs within Level 3 on major categories of assets measured on a non-recurring basis is as follows (dollars in thousands):



As of March 31, 2015		Fair	Valuation	Unobservable
Description		Value	Technique	Inputs	Range (Average) (1)(2)
Loans measured for
impairment using the fair value			Fair Value of	Discount Rates and Appraised
of the underlying collateral	$	110	Collateral	Value less Cost to Sell	$0.3 million
Impaired real estate held-for-sale			Fair Value of	Discount Rates and Appraised
and held-for-investment		1,631	Property	Value less Cost to Sell	$0.2 - $1.0 million ($0.6 million)
Total	$	1,741

(1) Range and average appraised values were reduced by costs to sell.

(2) Average was computed by dividing the aggregate appraisal amounts by the number of appraisals.

Schedule Of Fair Value By Balance Sheet Grouping

The following table presents the fair value of the BBX Capital’s consolidated financial instruments as of March 31, 2016:



				Fair Value Measurements Using
		Carrying		Quoted prices in
		Amount	Fair Value	Active Markets	Significant	Significant
		As of	As of	for Identical	Other Observable	Unobservable
(in thousands)		March 31,	March 31,	Assets	Inputs	Inputs
Description		2016	2016	(Level 1)	(Level 2)	(Level 3)
Financial assets:
Cash and cash equivalents	$	65,845	65,845	65,845	-	-
Loans receivable including loans held-for-sale, net		52,467	61,624	-	-	61,624
Restricted cash and time deposits at financial institutions		1,345	1,345	1,345	-	-
Financial liabilities:
Notes payable		22,128	22,390	-	-	22,390
Principal and interest advances on residential loans		10,172	9,648	-	-	9,648

The following table presents the fair value of BBX Capital’s financial instruments as of December 31, 2015:



				Fair Value Measurements Using
		Carrying		Quoted prices in
		Amount	Fair Value	Active Markets	Significant	Significant
		As of	As of	for Identical	Other Observable	Unobservable
(in thousands)		December 31,	December 31,	Assets	Inputs	Inputs
Description		2015	2015	(Level 1)	(Level 2)	(Level 3)
Financial assets:
Cash and cash equivalents	$	69,040	69,040	69,040	-	-
Loans receivable including loans held-for-sale, net		55,389	63,668	-	-	63,668
Restricted cash and time deposits at financial institutions		2,651	2,651	2,651	-	-
Financial liabilities:
Notes payable		21,385	21,514	-	-	21,514
Principal and interest advances on residential loans		10,356	9,630	-	-	9,630