The Following Is a Summary Of The Financial Position And Results Of Operations (Tables)

12 Months Ended

Dec. 31, 2012

The Following Is a Summary Of The Financial Position And Results Of Operations

The Following Is a Summary Of The Financial Position And Results Of Operations

The following is a summary of the financial position and results of operations from our unconsolidated subsidiaries and investees:

	For the Twelve Months Ended December 31,
	2012			2011			2010
Other Investees	(dollars in thousands)
Real estate, net of accumulated depreciation	$	12,343		$	115,641		$	120,544
Notes receivable		6,192			5,665			4,951
Other assets		32,145			41,305			42,997
Notes payable		(13,824	)		(86,144	)		(90,227	)
Other liabilities		(7,443	)		(17,885	)		(14,578	)
Shareholders equity/partners capital		(29,413	)		(58,582	)		(63,687	)
Revenue	$	45,505		$	54,579		$	54,222
Depreciation		(1,277	)		(6,474	)		(6,356	)
Operating expenses		(41,188	)		(47,510	)		(45,209	)
Interest expense		(1,181	)		(5,047	)		(6,286	)
Income from continuing operations	$	1,859		$	(4,452	)	$	(3,629	)
Income from discontinued operations		-			-			-
Net income	$	1,859		$	(4,452	)	$	(3,629	)
Company's proportionate share of earnings (losses)(1)	$	372		$	(806	)	$	(206	)
(1) Earnings represent continued and discontinued operations