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INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES AND INVESTEES (Tables)
 12 Months Ended
Dec. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of investments accounted for via the equity method

Investments accounted for via the equity method consists of the following:

 

    Percentage ownership as of December 31,  
    2017     2016     2015  
Gruppa Florentina, LLC(1)     20.00 %     20.00 %     20.00 %
(1) Other investees.                        
Schedule of financial position and results of operations from our investees

The following is a summary of the financial position and results of operations from our investees (dollars in thousands):

 

             
    For the Twelve Months Ended December 31,
    2017   2016   2015
Other Investees                        
Real estate, net of accumulated depreciation   $ 12,587     $ 13,641     $ 13,899  
Notes receivable     2,724       9,561       8,457  
Other assets     32,176       31,135       30,834  
Notes payable     (17,845 )     (9,834 )     (10,883 )
Other liabilities     (5,991 )     (8,284 )     (7,967 )
Shareholders' equity/partners capital     (23,651 )     (36,219 )     (34,340 )
                         
                         
Revenue   $ 38,747     $ 54,264     $ 51,650  
Depreciation     (1,279 )     (1,150 )     (1,150 )
Operating expenses     (35,410 )     (49,856 )     (47,143 )
Interest expense     (1,065 )     (793 )     (805 )
Income (loss) from continuing operations   $ 993     $ 2,465     $ 2,552  
Income (loss) from discontinued operations     —         —         —    
Net  income (loss)   $ 993     $ 2,465     $ 2,552  
                         
Company's proportionate share of earnings (1)   $ 199     $ 493     $ 510  
                         
(1) Earnings represent continued and discontinued operations