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Unconsolidated Joint Venture

12 Months Ended

Dec. 31, 2018

Equity Method Investments And Joint Ventures [Abstract]

18. UNCONSOLIDATED JOINT VENTURE

The Company accounts for its interest in its title insurance joint venture using the equity method of accounting and adjusts the carrying value for its proportionate share of earnings, losses and distributions. The investment in the unconsolidated joint venture was $72 and $27 as of December 31, 2018 and 2017, respectively, and is included within ‘Other assets, net’ in the accompanying consolidated balance sheets. Earnings for the years ended December 31, 2018 and 2017, from this unconsolidated joint venture of $137 and $53, respectively, is included in ‘Other income, net’ in the accompanying consolidated statement of operations. During the years ended December 31, 2018 and 2017, the Company collected and recorded a distribution of $89 and $83, respectively, from this joint venture as a return on investment.

Summarized unaudited financial information for the unconsolidated joint venture is as follows:

	Twelve Months Ended December 31,
	2018		2017
Statement of Operations:
Total net revenue	$	391	$	219
Total expenses		117		114
Net income	$	274	$	105
Comstock Holding Companies, Inc. share of net income	$	137	$	53