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Investment in Unconsolidated Joint Ventures | 3 Months Ended
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Mar. 31, 2014
Investment in Unconsolidated Joint Ventures |
Investment in Unconsolidated Joint Ventures | Note 5 - Investment in Unconsolidated Joint Ventures At March 31, 2014 and December 31, 2013, the Company had investments in five unconsolidated joint ventures, each of which owned and operated one property. The Company’s equity investment in such unconsolidated joint ventures totaled $4,916,000 and $4,906,000, respectively. The Company recorded equity in earnings of $133,000 and $334,000 for the three months ended March 31, 2014 and 2013, respectively.

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