Investments In Unconsolidated Joint Ventures

3 Months Ended

Mar. 31, 2019

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, 2019 and December 31, 2018:

		March 31,		December 31,
(Dollars in thousands)	Interest	2019		2018
Rialto Cinemas	50.0%	$	1,224	$	1,260
Mt. Gravatt	33.3%		3,734		3,861
Total investments		$	4,958	$	5,121

For the quarter ended March 31, 2019 and 2018, the recognized share of equity earnings from our investments in unconsolidated joint ventures are as follows:

	Three Months Ended
	March 31,
(Dollars in thousands)	2019		2018
Rialto Cinemas	$	(56)	$	70
Mt. Gravatt		90		187
Total equity earnings	$	34	$	257