Investments in Unconsolidated Joint Ventures (Tables)

9 Months Ended

Sep. 30, 2016

Equity Method Investments and Joint Ventures [Abstract]

Summary of Unaudited Financials for Unconsolidated Joint Ventures

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):

	Three Months Ended September 30, 2016			Three Months Ended September 30, 2015			Nine Months Ended September 30, 2016			Nine Months Ended September 30, 2015
Revenues	$	5,397		$	3,100		$	14,675		$	6,634
Cost of sales	(2,521		)	(1,453		)	(7,043		)	(3,459		)
Income of unconsolidated joint ventures	$	2,876		$	1,647		$	7,632		$	3,175

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):

			September 30, 2016		December 31, 2015
Assets
	Cash		$	12,156	$	6,340
	Loans held for sale		20,525		29,312
	Accounts receivable		1,081		309
	Other assets		44		390
		Total Assets	$	33,806	$	36,351
Liabilities and Equity
	Accounts payable		$	499	$	651
	Accrued expenses		981		774
	Credit lines payable		19,249		27,350
	Other liabilities		18		515
	Members equity		13,059		7,061
		Total Liabilities and Equity	$	33,806	$	36,351