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Investments In Unconsolidated Joint Ventures
 6 Months Ended
Jun. 30, 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 June 30, 2018 and December 31, 2017:





 

 

 

 

 

 

 

 



 

 

 

June 30,

 

December 31,

(Dollars in thousands)

 

Interest

 

2018

 

2017

Rialto Cinemas

 

50.0%

 

$

 1,209 

 

$

 1,186 

Mt. Gravatt

 

33.3%

 

 

 3,903 

 

 

 4,118 

Total investments

 

 

 

$

 5,112 

 

$

 5,304 



For the quarter and six months ended June 30, 2018 and 2017, the recognized share of equity earnings from our investments in unconsolidated joint ventures are as follows:







 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

Quarter Ended

 

Six Months Ended



 

 

 

 

June 30,

 

 

June 30,

 

 

June 30,

 

 

June 30,

(Dollars in thousands)

 

 

2018

 

 

2017

 

 

2018

 

 

2017

Rialto Cinemas

 

 

 

$

 83 

 

$

 22 

 

$

 153 

 

$

 61 

Mt. Gravatt

 

 

 

 

 248 

 

 

 242 

 

 

 435 

 

 

 457 

Total equity earnings

 

 

 

$

 331 

 

$

 264 

 

$

 588 

 

$

 518