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Investments in Unconsolidated Entities (Tables) | 6 Months Ended
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Jun. 30, 2024
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Investment in Unconsolidated Entities | The following is a summary of our investments in unconsolidated entities as of June 30, 2024 and December 31, 2023 (dollars in thousands):
| Ownership % |  | Number of Properties |  | Carrying Amount (1) of Investment as of
Investment | As of June 30, 2024 |  | June 30, 2024 |  | December 31, 2023
Bellagio Las Vegas Joint Venture - Common Equity Interest | 21.9% |  | 1 |  | $ | 283,608 |  |  | $ | 296,097 |
Bellagio Las Vegas Joint Venture - Preferred Equity Interest | n/a |  | n/a |  | 650,000 |  |  | 650,000 |
Data Center Joint Venture | 80.0% |  | 2 |  | 286,151 |  |  | 226,021 |
Total investment in unconsolidated entities |  |  |  |  | $ | 1,219,759 |  |  | $ | 1,172,118 |
(1) The total carrying amount of the investments was greater than the underlying equity in net assets (i.e., basis difference) by $7.8 million as of June 30, 2024. The basis difference is primarily attributable to capitalized interest for the data center joint venture development funding.

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 + Details
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