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INVESTMENTS IN ADVISED FUNDS (Tables)
6 Months Ended
Jun. 30, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of ownership of Advised Funds

 The table below details our investments in our Advised Funds as of June 30, 2014, and December 31, 2013 (in thousands).

 

 

 

 

 

 

 

 

 

 

 

Investment

 

Ownership

 

June 30, 2014

 

December 31, 2013

 

Joint Ventures:

 

 

 

 

 

 

 

 

 

 

AmREIT MacArthur Park, LLC

 

 

30.0

%

$

8,532

 

$

8,519

 

AmREIT SPF Shadow Creek, L.P.

 

 

10.0

%

 

5,454

 

 

5,567

 

AmREIT Westheimer Gessner, L.P.

 

 

10.0

%

 

848

 

 

877

 

High net worth investment funds:

 

 

 

 

 

 

 

 

 

 

MIG

 

 

2.4

%

 

130

 

 

167

 

MIG II

 

 

2.6

%

 

164

 

 

204

 

MIG III

 

 

2.1

%

 

245

 

 

179

 

MIG IV

 

 

2.6

%

 

161

 

 

176

Total

 

 

 

 

$

15,534

 

$

15,689