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Investments in and Advances to Unconsolidated Joint Ventures | 3 Months Ended
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Mar. 31, 2019
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 (dollars in thousands):
|  |  |  |  |  | Carrying Amount
|  |  |  |  |  |  |  | March 31, |  | December 31,
Entity(1) |  | Property Count |  |  | Ownership % |  |  | 2019 |  | 2018
CCRC JV |  | 15 |  |  | 49 |  |  | $ | 358,172 |  |  | $ | 365,764 |
U.K. JV(2) |  | 68 |  |  | 49 |  |  | 102,692 |  |  | 101,735 |
MBK JV |  | 5 |  |  | 50 |  |  | 34,935 |  |  | 35,435 |
Other SHOP JVs(3) |  | 5 |  |  | 50 - 90 |  |  | 24,684 |  |  | 25,493 |
Medical Office JVs(4) |  | 3 |  |  | 20 - 67 |  |  | 10,039 |  |  | 10,160 |
K&Y JVs(5) |  | 3 |  |  | 80 |  |  | 1,431 |  |  | 1,430 |
Advances to unconsolidated joint ventures, net |  |  |  |  |  |  |  | 13 |  |  | 71 |
|  |  |  |  |  |  |  | $ | 531,966 |  |  | $ | 540,088 |
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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) | See Note 3 for discussion of the formation of the U.K. JV and the Company’s equity method investment.
(3) | Includes four unconsolidated SHOP 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%).
(4) | 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%).
(5) At March 31, 2019, includes two unconsolidated joint ventures. At December 31, 2018, includes three unconsolidated joint ventures.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI http://asc.fasb.org/topic&trid=2196965 + Details
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