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Investments in and Advances to Unconsolidated Joint Ventures (Tables) | 9 Months Ended
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Sep. 30, 2018
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Equity Method Investments | The Company owns interests in the following entities that are accounted for under the equity method (dollars in thousands):
|  |  |  |  |  | Carrying Amount
|  |  |  |  |  |  |  | September 30, |  | December 31,
Entity(1) |  |  |  | Ownership% |  | 2018 |  | 2017
CCRC JV |  |  |  |  | 49 |  |  | $ | 374,988 |  |  | $ | 400,241 |
RIDEA II(2) |  |  |  |  | 40 |  |  | — |  |  | 259,651 |
U.K. JV(3) |  |  |  |  | 49 |  |  | 105,200 |  |  | — |
Life Science JVs(4) |  |  |  |  | 50 - 63 |  |  | 67,328 |  |  | 65,581 |
MBK JV |  |  |  |  | 50 |  |  | 35,934 |  |  | 38,005 |
Development JVs(5) |  |  |  |  | 50 - 90 |  |  | 26,100 |  |  | 23,365 |
Medical Office JVs(6) |  |  |  |  | 20 - 67 |  |  | 12,313 |  |  | 12,488 |
K&Y JVs(7) |  |  |  |  | 80 |  |  | 1,380 |  |  | 1,283 |
Advances to unconsolidated joint ventures, net |  |  |  |  |  |  |  | 12 |  |  | 226 |
|  |  |  |  |  |  |  | $ | 623,255 |  |  | $ | 800,840 |
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(1) | These entities are not consolidated because the Company does not control, through voting rights or other means, the joint ventures.
(2) | In June 2018, the Company sold its equity method investment in RIDEA II (see Note 4).
(3) | See Note 4 for discussion of the formation of the U.K. JV and the Company’s equity method investment.
(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 four unconsolidated SHOP development joint ventures (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%).
(6) | Includes three unconsolidated medical office joint ventures (and the Company’s ownership percentage): HCP Ventures IV, LLC (20%); HCP Ventures III, LLC (30%); and Suburban Properties, LLC (67%).
(7) | Includes three unconsolidated joint ventures.

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
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