Investments In Unconsolidated Joint Ventures And Entities

3 Months Ended

Mar. 31, 2016

Investments In And Advances To Unconsolidated Joint Ventures And Entities [Abstract]

Investments In And Advances To Unconsolidated Joint Ventures And Entities

Note 6 – 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. The table below summarizes our investments in unconsolidated joint ventures and entities as of March 31, 2016 and December 31, 2015:

		March 31,		December 31,
(Dollars in thousands)	Interest	2016		2015
Rialto Distribution	33.3%	$	--	$	--
Rialto Cinemas	50.0%		1,370		1,276
Mt. Gravatt	33.3%		4,286		4,094
Total investments		$	5,656	$	5,370

For the three months ended March 31, 2016 and 2015, we recorded our share of equity earnings from our investments in unconsolidated joint ventures and entities as follows:

	Three Months Ended
		March 31,		March 31,
(Dollars in thousands)		2016		2015
Rialto Distribution	$	--	$	--
Rialto Cinemas		76		72
Mt. Gravatt		226		164
Total equity earnings	$	302	$	236