INVESTMENTS IN PARTNERSHIPS (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Equity Method Investments [Line Items]

Schedule of Investments in Partnerships

	At		At
	December 31,		December 31,
(in thousands)	2018		2017
Investment in Solar Ventures	$	126,339	$	97,011
Investments in U.S. real estate partnerships (includes $898 and $1,046 related    to VIEs) (1)		19,961		19,114
Investment in South Africa Workforce Housing Fund ("SAWHF")		8,779		12,695
Investments in LTPPs related to CFVs (2)		─		99,142
Total investments in partnerships	$	155,079	$	227,962

⁽¹⁾ We do not consolidate any of the investees that were assessed to meet the definition of a VIE because the Company was deemed not to be the primary beneficiary.

⁽²⁾ See Note 16, “Consolidated Funds and Ventures,” for more information.

U.S. Real Estate Partnerships

Schedule of Equity Method Investments [Line Items]

Schedule of Investments in Partnerships

The following table provides information about the total assets, debt and other liabilities of the U.S. real estate partnerships in which the Company held an equity investment:

	At		At
	December 31,		December 31,
	2018		2017
(in thousands)
Total assets	$	56,238	$	57,712
Debt		6,530		7,037
Other liabilities		32,165		22,030

The following table provides information about the gross revenue, operating expenses and net (loss) income of U.S. real estate partnerships in which the Company had an equity investment:

	For the year ended
	December 31,
(in thousands)	2018		2017
Gross revenue	$	2,383	$	3,814
Operating expenses		2,127		1,744
Net (loss) income and net (loss) income attributable to the entity		(794)		10,722

Solar Ventures

Schedule of Equity Method Investments [Line Items]

Schedule of Investments in Partnerships

The following table provides information about the carrying amount of total assets, other liabilities and noncontrolling interests of all investees for which the Company had an equity method investment:

	At		At
	December 31,		December 31,
	2018		2017
(in thousands)
Total assets	$	279,960	$	399,758
Other liabilities		12,833		5,111
Noncontrolling interests		─		87,699

The following table provides information about the gross revenue, operating expenses and net income of all investees for which the Company had an equity method investment:

	For the year ended
	December 31,
(in thousands)	2018		2017
Gross revenue	$	27,327	$	29,777
Operating expenses		5,793		5,870
Net income		21,977		23,988
Net income attributable to the entity		21,977		16,227

SAWHF

Schedule of Equity Method Investments [Line Items]

Schedule of Investments in Partnerships

The following table provides information about the carrying value of total assets, debt and other liabilities of SAWHF:

	At		At
	December 31,		December 31,
	2018		2017
(in thousands)
Total assets	$	74,803	$	123,187
Debt		─		15,712
Other liabilities		496		100

The following table provides information about the gross revenue, operating expenses and net (loss) income of SAWHF:

	For the year ended
	December 31,
(in thousands)	2018		2017
Gross revenue	$	4,308	$	18,327
Operating expenses		2,277		20,299
Net (loss) income and net (loss) income attributable to the entity		(14,339)		3,990