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Investments in Unconsolidated Entities (Tables)
12 Months Ended
Dec. 31, 2014
Equity Method Investments And Joint Ventures [Abstract]  
Schedule of Cumulative Investment in Entities on Equity Method, Including Share of Earnings and Losses

Our cumulative investment in entities accounted for on the equity method, including our share of earnings and losses, consisted of the following (in thousands):

 

 

 

December 31,

 

 

 

2014

 

 

2013

 

Limited partnerships and limited liability company interests

 

$

13,710

 

 

$

18,454

 

General partnership interests

 

 

3,095

 

 

 

2,469

 

Total

 

$

16,805

 

 

$

20,923

 

 

Aggregated Assets, Liabilities and Operating Results of Entities as Equity-Method Investments

Aggregated assets, liabilities and operating results of the entities we account for as equity-method investments are provided below. Because our ownership interest in these entities varies, a direct relationship does not exist between the information presented below and the amounts that are reflected on our consolidated balance sheets as our investment in unconsolidated entities or on our consolidated statement of operations as equity in (loss) income of unconsolidated entities.

Assets and liabilities of unconsolidated entities (in thousands):

 

 

 

December 31,

 

 

 

2014

 

 

2013

 

Assets

 

 

 

 

 

 

 

 

Cash

 

$

17,154

 

 

$

10,459

 

Receivables

 

 

9,550

 

 

 

9,443

 

Real estate inventories

 

 

95,500

 

 

 

254,505

 

Other assets

 

 

620

 

 

 

535

 

Total assets

 

$

122,824

 

 

$

274,942

 

Liabilities and equity

 

 

 

 

 

 

 

 

Accounts payable and other liabilities

 

$

10,914

 

 

$

76,248

 

Company's equity

 

 

16,805

 

 

 

20,923

 

Outside interests' equity

 

 

95,105

 

 

 

177,771

 

Total liabilities and equity

 

$

122,824

 

 

$

274,942

 

Results of operations from unconsolidated entities (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2014

 

 

2013

 

 

2012

 

Net sales

 

$

606

 

 

$

6,271

 

 

$

15,855

 

Other operating income (expense)

 

 

(4,290

)

 

 

(7,521

)

 

 

(12,244

)

Other income (expense)

 

 

(2

)

 

 

(18

)

 

 

(220

)

Net income (loss)

 

$

(3,686

)

 

$

(1,268

)

 

$

3,391

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Company's equity in (loss) income of unconsolidated entities

 

$

(288

)

 

$

2

 

 

$

2,490