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Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations, Net Income (Loss)
The following table presents the assets, liabilities and noncontrolling interests of the CLNY Investment Entities that were deconsolidated on January 31, 2018:
(In thousands)
 
January 31, 2018
Assets
 
 
Cash and cash equivalents
 
$
99,883

Restricted cash
 
41,270

Real estate
 
219,748

Loans receivable
 
1,287,994

Investments in unconsolidated ventures
 
208,738

Deferred leasing costs and intangible assets
 
10,831

Other assets
 
25,755

 
 
1,894,219

Liabilities
 
 
Debt
 
$
379,927

Accrued and other liabilities
 
41,318

 
 
421,245

Noncontrolling interests
 
 
Noncontrolling interests—investment entities
 
330,980

Noncontrolling interests—Operating Company
 
64,294

 
 
395,274

Equity attributable to Colony Capital, Inc.
 
$
1,077,700

Net income generated from operations of these held for sale asset groups is presented below. There were no discontinued operations during the year ended December 31, 2016.
 
 
Year Ended December 31,
(In thousands)
 
2018
 
2017
Revenues
 
 
 
 
Property operating income
 
$
1,186

 
$
43,269

Other income
 
—

 
2,352

Expenses
 
 
 
 
Property operating expenses
 
1,159

 
20,530

Interest expense
 
—

 
9,028

Loss on sale of real estate assets
 
—

 
2,108

Other expenses
 
129

 
400

Net income (loss) from discontinued operations
 
(102
)
 
13,555

Income tax expense
 
—

 
—

Net income (loss) from discontinued operations after tax
 
(102
)
 
13,555

Net income (loss) from discontinued operations attributable to:
 
 
 
 
Noncontrolling interests in investment entities
 
(45
)
 
427

Noncontrolling interests in Operating Company
 
(4
)
 
31

Net income (loss) from discontinued operations attributable to Colony Capital, Inc.
 
$
(53
)
 
$
13,097