Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of Investments in Unconsolidated Entities

Investments in unconsolidated entities accounted at fair value consist of the following as of March 31, 2016 and December 31, 2015 (dollar amounts in thousands):



	March 31, 2016			December 31, 2015
Investment Name	Ownership Interest	Carrying Amount		Ownership Interest	Carrying Amount
RB Development Holding Company, LLC	63%	$	2,034	63%	$	1,927
RB Multifamily Investors LLC ⁽¹⁾	70%	$	54,814	70%	$	56,891
Morrocroft Neighborhood Stabilization Fund II, LP	11%	$	8,950	13%	$	8,753

(1)Includes the Company's preferred and common equity interests.

The following table presents income (loss) from investments in unconsolidated entities accounted at fair value for the three months ended March 31, 2016 and March 31, 2015 (dollar amounts in thousands):



	Three Months Ended March 31,
Investment Name	2016		2015
RB Development Holding Company, LLC	$	107	$	35
RB Multifamily Investors LLC ⁽¹⁾	1,756		1,147
Morrocroft Neighborhood Stabilization Fund II, LP	357		—