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Casualty Loss | 12 Months Ended
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Dec. 31, 2014
Casualty Loss [Abstract] |
Casualty Loss | Note 26 – Casualty Loss Wellington, New Zealand Parking Structure On July 21, 2013, Wellington, New Zealand experienced a strong earthquake that damaged our parking structure adjacent to our Courtenay Central ETRC. The parking structure reopened in November 2014. We estimate the cost to repair the structure will be approximately $1.9 million (NZ$2.5 million) of which our earthquake insurance will cover approximately $1.4 million (NZ$1.8 million) after our $554,000 (NZ$710,000) insurance deductible. For the year ended December 31, 2013, we recorded a casualty loss of $46,000 (NZ$59,000) based on the associated net book value of the property as an other income (expense) and a $1.4 million (NZ$1.8 million) insurance receivable in our current receivables at December 31, 201 4 and December 31, 2013. Our reduction in operating income will also be offset somewhat by our business interruption insurance subject to the relevant deductible.

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