INVESTMENT IN UNCONSOLIDATED SUBSIDIARIES AND INVESTEES (Tables)

12 Months Ended

Dec. 31, 2014

INVESTMENT IN UNCONSOLIDATED SUBSIDIARIES AND INVESTEES (Tables):

INVESTMENTS ACCOUNTED

Undistributed earnings or losses, via the equity method of accounting.

	Percent ownership
Investee	2014			2013			2012
TCI Eton Square, L.P. ("Eton Square")		0	%		0	%		10	%

RESULTS OF OPERATIONS FROM OUR INVESTEES

The following is a summary of the financial position and results of operations from our investees (dollars in thousands):

	2014			2013(1)			2012
Real Estate, net of accumulated depreciation	$	-		$	-		$	9,660
Other assets		-			-			641
Notes payable		-			-			(9,647	)
Other liabilities		(7,470	)		(7,470	)		(3,972	)
Shareholders' equity/partners' capital	$	7,470		$	7,470		$	3,318
Rents	$	-		$	224		$	1,117
Depreciation and amortization		-			(140	)		(877	)
Property operating expenses		-			(224	)		(819	)
General and administrative		-			(5	)		(24	)
Mortgage and loan interest		-			(155	)		(682	)
Provision for losses		-			-			(2,400	)
Loss from continuing operations		-			(300	)		(3,685	)
Income from discontinued operations		-			-			-
Net loss	$	-		$	(300	)	$	(3,685	)
Company's proportionate share of losses (2)	$	-		$	-		$	(37	)