Variable Interest Entities (Tables)

12 Months Ended

Dec. 31, 2016

Receivables [Abstract]

Schedule of changes in the carrying amount of equity investment

Changes in the carrying amount of the Company’s investment in Holmdel for the years ended December 31, 2016 and 2015, are as follows (in thousands):

Balance at December 31, 2014	$	9,044
Add: Income from investments in unconsolidated entities		5,884
Less: Cash distribution on investments in unconsolidated entities		(6,940	)
Balance at December 31, 2015	$	7,988
Add: Income from investments in unconsolidated entities		6,219
Less: Cash distribution on investments in unconsolidated entities		(7,222	)
Balance at December 31, 2016	$	6,985

Schedule of equity method investments

The following table provides the financial statement information related to Holmdel for the comparative periods during which SWK HP has reflected its share of Holmdel income in the Company’s consolidated statements of operations:

in millions	At December 31, 2016			Year Ended December 31, 2016
Assets	$	8.8	Revenue	$	8.9
Liabilities	$	1.8	Expenses	$	1.5
Equity	$	7.0	Net income	$	7.4

in millions	At December 31, 2015			Year Ended December 31, 2015
Assets	$	11.7	Revenue	$	10.9
Liabilities	$	3.3	Expenses	$	1.4
Equity	$	8.4	Net income	$	9.5