XML 48 R32.htm IDEA: XBRL DOCUMENT v3.20.4
Investments in Unconsolidated Joint Ventures (Tables)
12 Months Ended
Dec. 31, 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 December 31, 2020Completed Homes at December 31, 2020Balances at
December 31, 2020
Balances at
December 31, 2019
Alaska JV20 %363 $26,020 $29,326 
Institutional Investor JV20 %743 34,112 33,757 
J.P. Morgan JV20 %187 32,977 — 
Other (1)
N/AN/A— 4,852 
1,293 $93,109 $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.