Investments in Unconsolidated Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2015

Equity Method Investments and Joint Ventures [Abstract]

Summary of Unaudited Financials for Unconsolidated Joint Ventures

The table set forth below summarizes the combined unaudited balance sheets for our unconsolidated joint ventures that we accounted for under the equity method (in thousands):

			December 31,
			2015		2014
Assets
	Cash		$	6,340	$	765
	Loans held for sale		29,312		—
	Accounts receivable		309		71
	Other assets		390		29
		Total Assets	$	36,351	$	865
Liabilities and Equity
	Accounts payable		$	651	$	404
	Accrued expenses		774		161
	Credit lines payable		27,350		—
	Other liabilities		515		—
	Members equity		7,061		300
		Total Liabilities and Equity	$	36,351	$	865

The table set forth below summarizes the combined unaudited statements of operations for our unconsolidated mortgage joint ventures that we accounted for under the equity method (in thousands):

	Year Ended December 31, 2015			Year Ended December 31, 2014			Year Ended December 31, 2013
Revenues	$	12,314		$	2,015		$	—
Cost of sales	(5,842		)	(906		)	—
Income of unconsolidated joint ventures	$	6,472		$	1,109		$	—