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Investments In Unconsolidated Joint Ventures 10Q
 3 Months Ended
Mar. 31, 2018
Investments In Unconsolidated Joint Ventures [Abstract]  
Investments In Unconsolidated Joint Ventures

Note 6 – Investments in Unconsolidated Joint Ventures

Our investments in unconsolidated joint ventures are accounted for under the equity method of accounting.



The table below summarizes our active investment holdings in two (2) unconsolidated joint ventures as of March 31, 2018 and December 31, 2017:



 

 

 

 

 

 

 

 



 

 

 

March 31,

 

December 31,

(Dollars in thousands)

 

Interest

 

2018

 

2017

Rialto Cinemas

 

50.0%

 

$

 1,279 

 

$

 1,186 

Mt. Gravatt

 

33.3%

 

 

 4,004 

 

 

 4,118 

Total investments

 

 

 

$

 5,283 

 

$

 5,304 



For the quarter ended March 31, 2018 and 2017, the recognized share of equity earnings from our investments in unconsolidated joint ventures are as follows:





 

 

 

 

 

 

 

 



 

 

 

Quarter Ended



 

 

 

 

March 31,

 

 

March 31,

(Dollars in thousands)

 

 

2018

 

 

2017

Rialto Cinemas

 

 

 

$

 70 

 

$

 39 

Mt. Gravatt

 

 

 

 

 187 

 

 

 216 

Total equity earnings

 

 

 

$

 257 

 

$

 255