INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES AND INVESTEES (Tables)

12 Months Ended

Dec. 31, 2016

Equity Method Investments and Joint Ventures [Abstract]

Schedule of investments in unconsolidated investees accounted for via the equity method

Investments accounted for via the equity method consists of the following:

	Percentage ownership as of December 31,
	2016			2015			2014
Gruppa Florentina, LLC(1)		20.00	%		20.00	%		20.00	%

⁽¹⁾ Other investees.

Schedule of financial position and results of operations from our investees

The following is a summary of the financial position and results of operations from our investees (dollars in thousands):

	For the Years Ended December 31,
	2016			2015			2014
Other Investees
Real estate, net of accumulated depreciation	$	13,641		$	13,899		$	11,647
Notes receivable		9,561			8,457			7,326
Other assets		31,135			30,834			30,291
Notes payable		(9,734	)		(10,883	)		(10,429	)
Other liabilities		(8,384	)		(7,967	)		(7,192	)
Shareholders’ equity/partners capital		(36,219	)		(34,340	)		(31,643	)
Revenue	$	54,264		$	51,650		$	48,893
Depreciation		(1,150	)		(1,150	)		(1,151	)
Operating expenses		(49,856	)		(47,143	)		(45,590	)
Interest expense		(793	)		(805	)		(901	)
Income (loss) from continuing operations		2,465			2,552			1,251
Income (loss) from discontinued operations		—			—			—
Net  income (loss)	$	2,465		$	2,552		$	1,251
Company’s proportionate share of earnings (1)	$	493		$	510		$	250

⁽¹⁾ Earnings represent continued and discontinued operations