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Investments in and Advances to Unconsolidated Joint Ventures | 6 Months Ended
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Jun. 30, 2017
Equity Method Investments and Joint Ventures [Abstract] |
Investments in and Advances to Unconsolidated Joint Ventures | 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 June 30, 2017 (dollars in thousands):
|  |  |  |  |  | Carrying Amount
|  |  |  |  |  |  |  | June 30, |  | December 31,
Entity (1) |  | Segment |  | Ownership% |  | 2017 |  | 2016
CCRC JV (2) |  | SHOP |  |  | 49 |  |  | $ | 433,507 |  |  | $ | 439,449 |
RIDEA II |  | SHOP |  |  | 40 |  |  | 258,505 |  |  | — |
HCP Life Science (3) |  | Life science |  |  | 50 - 63 |  |  | 64,795 |  |  | 67,879 |
MBK JV |  | SHOP |  |  | 50 |  |  | 38,806 |  |  | 38,909 |
Medical Office JVs (4) |  | Medical office |  |  | 20 - 67 |  |  | 13,569 |  |  | 13,438 |
Development JVs (5) |  | SHOP |  |  | 50 - 90 |  |  | 18,616 |  |  | 10,459 |
K&Y JVs |  | Other non-reportable segments |  |  | 80 |  |  | 1,420 |  |  | 1,342 |
Advances to unconsolidated joint ventures, net |  |  |  |  |  |  |  | 13 |  |  | 15 |
|  |  |  |  |  |  |  | $ | 829,231 |  |  | $ | 571,491 |
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(1) | These entities are not consolidated because the Company does not control, through voting rights or other means, the JV.
(2) | Includes two unconsolidated JVs in a RIDEA structure (CCRC PropCo and CCRC OpCo).
(3) | 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%).
(4) | Includes three unconsolidated medical office partnerships (and the Company’s ownership percentage): HCP Ventures VI, LLC (20%); HCP Ventures III, LLC (30%); and Suburban Properties, LLC (67%).
(5) | Includes four unconsolidated SHOP development partnerships (and the Company’s ownership percentage): (i) Vintage Park Development JV (85%); (ii) Waldwick JV (85%); (iii) Otay Ranch JV (90%); and (iv) MBK Development JV (50%).
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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