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Investment in Unconsolidated Ventures (Tables)
 3 Months Ended
Mar. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Summarized Balance Sheet Information
Combined summarized balance sheet information for our ventures accounted for using the equity method follows:
 
Venture Assets
 
Venture Borrowings(a)
 
Venture Equity
 
Our Investment
 
First
Quarter-End
 
Year-End
 
First
Quarter-End
 
Year-End
 
First
Quarter-End
 
Year-End
 
First
Quarter-End
 
Year-End
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
(In thousands)
242, LLC (b)
$
22,804

 
$
23,751

 
$
495

 
$
921

 
$
19,371

 
$
19,838

 
$
8,861

 
$
9,084

CJUF III, RH Holdings
38,072

 
36,320

 
21,063

 
18,492

 
15,202

 
15,415

 
3,021

 
3,235

CL Ashton Woods (c)
10,413

 
10,473

 
—

 
—

 
9,924

 
9,704

 
3,862

 
3,544

CL Realty
7,988

 
8,298

 
—

 
—

 
7,898

 
8,070

 
3,949

 
4,035

CREA FMF Nashville (b)
16,554

 
—

 
9,300

 
—

 
6,125

 
—

 
5,655

 
—

FMF Peakview
33,678

 
30,673

 
15,148

 
12,533

 
16,547

 
16,620

 
3,391

 
3,406

HM Stonewall Estates (c)
3,322

 
3,781

 
—

 
63

 
3,320

 
3,718

 
1,896

 
2,128

LM Land Holdings (c)
38,171

 
33,298

 
10,925

 
9,768

 
16,008

 
13,347

 
8,960

 
8,283

PSW Communities
8,901

 
—

 
4,457

 
—

 
4,295

 
—

 
3,811

 
—

Temco
13,134

 
13,320

 
—

 
—

 
12,942

 
13,160

 
6,471

 
6,580

Other ventures (3) (d)
12,275

 
12,723

 
29,720

 
29,699

 
(31,681
)
 
(31,357
)
 
582

 
852

 
$
205,312

 
$
172,637

 
$
91,108

 
$
71,476

 
$
79,951

 
$
68,515

 
$
50,459

 
$
41,147
Summarized Income Statement Information
Combined summarized income statement information for our ventures accounted for using the equity method follows:
 
 Venture Revenues
 
 Venture Earnings (Loss)
 
Our Share of Earnings (Loss)
 
First Quarter
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
(In thousands)
242, LLC (b)
$
1,475

 
$
1,634

 
$
533

 
$
483

 
$
277

 
$
258

CJUF III, RH Holdings
363

 
—

 
(213
)
 
(116
)
 
(213
)
 
(116
)
CL Ashton Woods (c)
708

 
1,472

 
220

 
257

 
318

 
577

CL Realty
368

 
428

 
230

 
236

 
115

 
118

CREA FMF Nashville
—

 
—

 
(25
)
 
—

 
(25
)
 
—

FMF Peakview
—

 
—

 
(73
)
 
(32
)
 
(15
)
 
(6
)
HM Stonewall Estates (c) 
1,001

 
—

 
352

 
(25
)
 
141

 
(6
)
LM Land Holdings (c)
4,898

 
1,311

 
2,927

 
599

 
677

 
168

PSW Communities
—

 
—

 
(216
)
 
—

 
(189
)
 
—

Temco
60

 
69

 
(18
)
 
(12
)
 
(9
)
 
(6
)
Other ventures (3)
22

 
4,362

 
(48
)
 
(631
)
 
(86
)
 
(74
)
 
$
8,895

 
$
9,276

 
$
3,669

 
$
759

 
$
991

 
$
913


 _____________________
(a) 
Total includes current maturities of $38,261,000 at first quarter-end 2014, of which $38,115,000 is non-recourse to us, and $37,966,000 at year-end 2013, of which $37,822,000 is non-recourse to us.
(b) 
Includes unamortized deferred gains on real estate contributed by us to ventures. We recognize deferred gains as income as real estate is sold to third parties. Deferred gains of $1,648,000 are reflected as a reduction to our investment in unconsolidated ventures at first quarter-end 2014.
(c) 
Includes unrecognized basis difference of $1,836,000 which is reflected as a reduction of our investment in unconsolidated ventures at first quarter-end 2014. The difference will be accreted as income or expense over the life of the investment and included in our share of earnings (loss) from the respective ventures.
(d) 
Our investment in other ventures reflects our ownership interests generally ranging from 25 to 50 percent, excluding venture losses that exceed our investment where we are not obligated to fund those losses. Please read Note 16—Variable Interest Entities for additional information.