XML 45 R32.htm IDEA: XBRL DOCUMENT v3.20.2
Investments in Unconsolidated Joint Ventures (Tables)
6 Months Ended
Jun. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of joint venture arrangements accounting for under equity method The following table summarizes our investments in unconsolidated joint ventures (in thousands, except percentages and property data):
Joint Venture Description% Ownership at June 30, 2020Completed Homes at June 30, 2020Balances at
June 30, 2020
Balances at
December 31, 2019
Alaska JV20 %380  $27,528  $29,326  
Institutional Investor JV20 %542  39,712  33,757  
J.P. Morgan JV20 %14  2,739  —  
Other (1)
N/AN/A—  4,852  
936  $69,979  $67,935  
(1) Includes legacy joint ventures, which the Company acquired as part of the American Residential Properties, Inc. merger in February 2016, that were liquidated during the first quarter of 2020.