Equity Investments in Unconsolidated Joint Ventures (Tables)

9 Months Ended

Sep. 30, 2017

Equity Method Investments and Joint Ventures [Abstract]

Summary of Combined Financial Information for Unconsolidated Joint Ventures, Balance Sheets

The combined condensed financial information for our unconsolidated joint ventures is summarized as follows:

Balance Sheets	September 30, 2017		December 31, 2016
	(In thousands)
ASSETS
Investment in real estate, net	$	43,001	$	43,995
Other assets	3,234		3,712
Total Assets	$	46,235	$	47,707
LIABILITIES AND OWNERS' EQUITY
Other liabilities	$	488	$	219
Owners' equity	45,747		47,488
Total Liabilities and Owners' Equity	$	46,235	$	47,707
RPT's equity investments in unconsolidated joint ventures	$	2,734	$	3,150

Summary of Combined Financial Information for Unconsolidated Entities, Statements of Operations

	Three Months Ended September 30,				Nine Months Ended September 30,
Statements of Operations	2017		2016		2017		2016
	(In thousands)
Total revenue	$	1,192	$	1,279	$	3,485	$	4,588
Total expenses	745		915		2,250		3,017
Income before other income and expense	447		364		1,235		1,571
Gain on sale of real estate	—		—		—		371
Net income	$	447	$	364	$	1,235	$	1,942
RPT's share of earnings from unconsolidated joint ventures	$	81	$	119	$	223	$	337

Information of Fees Earned

The following table provides information for our fees earned which are reported in our condensed consolidated statements of operations:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2017		2016		2017		2016
	(In thousands)
Management fees	$	69	$	65	$	206	$	251
Leasing fees	19		6		108		89
Construction fees	—		2		—		42
Disposition fees	—		—		—		47
Total	$	88	$	73	$	314	$	429