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Fair Value (Tables)
 6 Months Ended
Jun. 30, 2015
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Nonrecurring
In first six months 2015, we recognized non-cash asset impairment charges of $729,000, of which $504,000 was recognized in first quarter 2015 related to a residential development with golf course and country club property located near Fort Worth which was sold in April 2015 and $225,000 was recognized in second quarter 2015 related to one owned project near Atlanta. Fair value of the one owned project near Atlanta was determined based on the present value of future estimated cash flows expected from these properties.
 
Second Quarter-End 2015
 
Year-End 2014
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(In thousands)
Non-Financial Assets and Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real estate
$
—

 
$
70

 
$
—

 
$
70

 
$
—

 
$
970

 
$
—

 
$
970

Proved oil and gas properties
$
—

 
$
—

 
$
28,359

 
$
28,359

 
$
—

 
$
—

 
$
3,655

 
$
3,655
Information About Our Fixed Rate Financial Instruments Not Measured at Fair Value
Information about our fixed rate financial instruments not measured at fair value follows:
 
Second Quarter-End 2015
 
Year-End 2014
 
 
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
 
Valuation
Technique
 
(In thousands)
 
 
Loan secured by real estate
$
—

 
$
—

 
$
3,574

 
$
4,859

 
Level 2
Fixed rate debt
$
(367,854
)
 
$
(365,260
)
 
$
(370,348
)
 
$
(359,131
)
 
Level 2