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Investments in and Advances to Unconsolidated Joint Ventures | 3 Months Ended
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Mar. 31, 2017
Investments in and Advances to Unconsolidated Joint Ventures |
Investments in and Advances to Unconsolidated Joint Ventures | NOTE 7. Investments in and Advances to Unconsolidated Joint Ventures The Company owns interests in the following entities that are accounted for under the equity method at March 31, 2017 (dollars in thousands):
|  |  |  |  |  | Carrying Amount
|  |  |  |  |  |  |  | March 31, |  | December 31,
Entity(1) |  | Segment |  | Ownership% |  | 2017 |  | 2016
CCRC JV(2) |  | SHOP |  |  | 49 |  |  | $ | 434,649 |  | $ | 439,449
RIDEA II(6) |  | SHOP |  |  | 40 |  |  |  | 263,180 |  |  | —
HCP Life Science(4) |  | Life science |  | 50 | – | 63 |  |  | 65,490 |  |  | 67,879
MBK JV(3) |  | SHOP |  |  | 50 |  |  |  | 39,088 |  |  | 38,909
HCP Ventures IV, LLC |  | Medical office |  |  | 20 |  |  |  | 7,338 |  |  | 7,277
Vintage Park Development JV |  | SHOP |  |  | 85 |  |  |  | 6,953 |  |  | 7,486
Suburban Properties, LLC |  | Medical office |  |  | 67 |  |  |  | 4,618 |  |  | 4,628
MBK Development JV(3) |  | SHOP |  |  | 50 |  |  |  | 2,464 |  |  | 2,463
K&Y(5) |  | Other non-reportable segments |  |  | 80 |  |  |  | 1,380 |  |  | 1,342
Advances to unconsolidated JVs, net and other |  |  |  |  |  |  |  |  | 2,042 |  |  | 2,058
|  |  |  |  |  |  |  | $ | 827,202 |  | $ | 571,491
| (1) |  | These entities are not consolidated because the Company does not control, through voting rights or other means, the JVs.
| (2) |  | Includes two unconsolidated JVs in a RIDEA structure (CCRC PropCo and CCRC OpCo).
| (3) |  | Includes two unconsolidated JVs in a RIDEA structure.
| (4) |  | Includes the following unconsolidated partnerships (and the Company’s ownership percentage): (i) Torrey Pines Science Center, LP (50%); (ii) Britannia Biotech Gateway, LP (55%) and (iii) LASDK, LP (63%).
| (5) |  | Includes three unconsolidated JVs.
| (6) |  | Includes three unconsolidated JVs in a RIDEA structure (HCP/CPA PropCo, HCP/CPA OpCo, and RIDEA II PropCo).
See Note 4 for further information on the deconsolidation of RIDEA II.

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=64825282&loc=d3e32847-111569 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=64825282&loc=d3e32787-111569 + Details
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