Investments in Real Estate Entities (Tables)

6 Months Ended

Jun. 30, 2019

Equity Method Investments and Joint Ventures [Abstract]

Combined summary of the financial position of the entities accounted for using the equity method

The following is a combined summary of the financial position of the entities accounted for using the equity method discussed above as of the dates presented (dollars in thousands):



	6/30/2019		12/31/2018
	(unaudited)
Assets:
Real estate, net	$	1,368,946	$	1,420,039
Other assets	197,107		45,142
Total assets	$	1,566,053	$	1,465,181

Liabilities and partners' capital:
Mortgage notes payable, net and credit facility	$	834,489	$	837,311
Other liabilities	157,301		15,624
Partners' capital	574,263		612,246
Total liabilities and partners' capital	$	1,566,053	$	1,465,181

Combined summary of the operating results of the entities accounted for using the equity method

The following is a combined summary of the operating results of the entities accounted for using the equity method discussed above for the periods presented (dollars in thousands):



	For the three months ended						For the six months ended
	6/30/2019			6/30/2018			6/30/2019			6/30/2018
	(unaudited)						(unaudited)
Rental and other income	$	35,958		$	21,916		$	71,268		$	43,717
Operating and other expenses	(13,670		)	(8,104		)	(27,638		)	(16,409		)
Interest expense, net	(8,540		)	(5,571		)	(17,092		)	(11,189		)
Depreciation expense	(18,346		)	(5,894		)	(40,042		)	(11,774		)
Net (loss) income	$	(4,598	)	$	2,347		$	(13,504	)	$	4,345