Investments In Unconsolidated Joint Ventures And Entities

3 Months Ended

Mar. 31, 2015

Investments In Unconsolidated Joint Ventures And Entities [Abstract]

Investments In Unconsolidated Joint Ventures and Entities

Note 7 – Investments in Unconsolidated Joint Ventures and Entities

Our investments in unconsolidated joint ventures and entities are accounted for under the equity method of accounting except for Rialto Distribution, which is accounted for as a cost method investment, and, as of March 31, 2015 and December 31, 2014, included the following (dollars in thousands):

			March 31,		December 31,
	Interest		2015		2014
Rialto Distribution	33.3%	$	--	$	--
Rialto Cinemas	50.0%		1,573		1,564
Mt. Gravatt	33.3%		4,185		4,605
Total investments		$	5,758	$	6,169

For the three months ended March 31, 2015 and 2014, we recorded our share of equity earnings from our investments in unconsolidated joint ventures and entities as follows (dollars in thousands):

		Three Months Ended
		March 31,
		2015		2014
Rialto Distribution	$	--	$	--
Rialto Cinemas		72		138
Mt. Gravatt		164		172
Total equity earnings	$	236	$	310