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Investments In Unconsolidated Joint Ventures
3 Months Ended
Mar. 31, 2020
Investments In Unconsolidated Joint Ventures [Abstract]  
Investments In Unconsolidated Joint Ventures

Note 7 – 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, 2020 and December 31, 2019:





 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



 

 

 

March 31,

 

December 31,

(Dollars in thousands)

 

Interest

 

2020

 

2019

Rialto Cinemas

 

50.0%

 

$

994 

 

$

1,175 

Mt. Gravatt

 

33.3%

 

 

3,296 

 

 

3,894 

Total investments

 

 

 

$

4,290 

 

$

5,069 



For the quarter ended March 31, 2020 and 2019, the recognized share of equity earnings from our investments in unconsolidated joint ventures are as follows:







 

 

 

 

 

 



 

 

 

 

 

 



 

Three Months Ended



 

March 31,

(Dollars in thousands)

 

2020

 

2019

Rialto Cinemas

 

$

(14)

 

$

(56)

Mt. Gravatt

 

 

92 

 

 

90 

Total equity earnings

 

$

78 

 

$

34