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Commitments and Contingencies (Tables) | 12 Months Ended
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Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract] |
Summary of real estate commitments | The following summarizes the Company’s real estate commitments at December 31, 2015 (dollars in thousands):
| Number of Properties |  | Costs Incurred to Date (a) |  | Expected Costs to Complete (unaudited) |  | Average Ownership Stake
Wholly-owned — under development | 1 |  | $ | 124,072 |  | (b) | $ | 217,928 |  |  | 100 | %
Wholly-owned — redevelopment | 3 |  | 11,302 |  | (b) | 16,698 |  |  | 100 | %
Joint ventures: |  |  |  |  |  |  |
Unconsolidated joint ventures | 4 |  | 497,350 |  |  | 81,979 |  | (c) | Various |
Participating loan investments | 1 |  | 90,747 |  | (d) | 2,711 |  | (e) | 0 | %
Preferred equity investments | 5 |  | 136,327 |  | (f) | — |  |  | 48 | %
Total |  |  | $ | 859,798 |  |  | $ | 319,316 |  |  |
Schedule of future minimum lease payments | Future minimum lease payments as of December 31, 2015 are as follows (dollars in thousands):
| Ground Leases (a) |  | Office Space
2016 | $ | 5,444 |  |  | $ | 207 |
2017 | 5,444 |  |  | 179 |
2018 | 5,444 |  |  | 76 |
2019 | 5,444 |  |  | 76 |
2020 | 4,486 |  |  | 76 |
Thereafter | 311,858 |  |  | 32 |
Total | $ | 338,120 |  |  | $ | 646 |
(a) | For purposes of our ground lease contracts, the Company uses the minimum lease payment, if stated in the agreement. For ground lease agreements where there is a reset provision based on the communities appraised value or consumer price index but does not include a specified minimum lease payment, the Company uses the current rent over the remainder of the lease term.

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- Definition Tabular disclosure of key provisions of an arrangement under which the entity has agreed to purchase goods or services over a period of time greater than one year or the normal operating cycle, if longer, including the item for which expenditures will be made, minimum quantities, milestones, time period and committed amount. + References No definition available. + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 + Details
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