Real Estate Partnerships (Tables)

12 Months Ended

Dec. 31, 2015

Equity Method Investments and Joint Ventures [Abstract]

Summarized operating results and the financial position of Partnership

The following tables provide summarized operating results and the financial position of the Partnership:

	Year Ended December 31,
	2015		2014		2013
	(In thousands)
OPERATING RESULTS
Revenue	$	17,405	$	18,329	$	19,209
Expenses
Other operating expenses	5,992		5,948		5,999
Depreciation and amortization	4,974		5,678		5,506
Interest expense	2,062		2,759		3,363
Total expenses	13,028		14,385		14,868
Net income before gain on sale of real estate	4,377		3,944		4,341
Gain on sale of real estate	—		14,507		—
Net income	$	4,377	$	18,451	$	4,341
Our share of net income from real estate partnership before gain on sale of real estate	$	1,557	$	1,423	$	1,498
Our share of gain on sale of real estate	$	—	$	4,401	$	—

	December 31,
	2015		2014
	(In thousands)
BALANCE SHEETS
Real estate, net	$	146,906	$	149,203
Cash	2,690		2,864
Other assets	5,495		5,346
Total assets	$	155,091	$	157,413
Mortgages payable	$	34,385	$	34,385
Other liabilities	3,554		3,673
Partners’ capital	117,152		119,355
Total liabilities and partners’ capital	$	155,091	$	157,413
Our share of unconsolidated debt	$	10,316	$	10,316
Our investment in real estate partnership	$	31,745	$	32,367