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Investments in and Advances to Unconsolidated Joint Ventures (Tables) | 6 Months Ended
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Jun. 30, 2019
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
|  |  |  |  |  |  |  | June 30, |  | December 31,
Entity(1) |  | Property Count |  |  | Ownership % |  |  | 2019 |  | 2018
CCRC JV |  | 15 |  |  | 49 |  |  | $ | 349,732 |  |  | $ | 365,764 |
U.K. JV(2) |  | 68 |  |  | 49 |  |  | 100,581 |  |  | 101,735 |
MBK JV |  | 5 |  |  | 50 |  |  | 34,317 |  |  | 35,435 |
Other SHOP JVs(3) |  | 4 |  |  | 41- 90 |  |  | 21,929 |  |  | 25,493 |
Medical Office JVs(4) |  | 3 |  |  | 20 - 67 |  |  | 9,963 |  |  | 10,160 |
K&Y JVs(5) |  | 3 |  |  | 80 |  |  | 1,496 |  |  | 1,430 |
Advances to unconsolidated joint ventures, net |  |  |  |  |  |  |  | 15 |  |  | 71 |
|  |  |  |  |  |  |  | $ | 518,033 |  |  | $ | 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) | In June 2019, the Company acquired the outstanding equity interests in, and began consolidating, the Vintage Park JV (see Note 3). Remaining unconsolidated SHOP joint ventures (and the Company’s ownership percentage) include: (i) Waldwick JV (85%); (ii) Otay Ranch JV (90%); (iii) MBK Development JV (50%) and (iv) Discovery Naples JV (41%). The Company’s investment in the Discovery Naples JV is a preferred equity investment earning a 10% per annum fixed-rate return, which the Company made in April 2019.
(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 June 30, 2019, includes two unconsolidated joint ventures. At December 31, 2018, 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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