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Real Estate Joint Ventures | 3 Months Ended
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Mar. 31, 2020
Equity Method Investments and Joint Ventures [Abstract] |
Real Estate Joint Ventures | Real Estate Joint Ventures Consolidated Real Estate Joint Ventures The table below sets forth information pertaining to our investments in consolidated real estate joint ventures as of March 31, 2020 (dollars in thousands):
|  |  |  |  |  |  |  | March 31, 2020 (1)
|  | Date Acquired |  | Nominal Ownership % |  |  |  | Total Assets |  | Encumbered Assets |  | Total Liabilities
Entity |  |  |  | Location |  |  |
LW Redstone Company, LLC |  | 3/23/2010 |  | 85% |  | Huntsville, Alabama |  | $ | 285,673 |  |  | $ | 111,839 |  |  | $ | 100,415 |
M Square Associates, LLC |  | 6/26/2007 |  | 50% |  | College Park, Maryland |  | 91,205 |  |  | 63,318 |  |  | 56,396 |
Stevens Investors, LLC |  | 8/11/2015 |  | 95% |  | Washington, DC |  | 135,861 |  |  | 135,175 |  |  | 64,621 |
|  |  |  |  |  |  |  | $ | 512,739 |  |  | $ | 310,332 |  |  | $ | 221,432 |
(1) | Excludes amounts eliminated in consolidation.
In March 2020, the LW Redstone Company, LLC joint venture agreement was amended to change the distribution terms to allow the venture to distribute financing proceeds to satisfy our partner’s cumulative preferred return and to provide our partner a priority preferred return on its invested capital. Unconsolidated Real Estate Joint Ventures The table below sets forth information pertaining to our investments in unconsolidated real estate joint ventures accounted for using the equity method of accounting (dollars in thousands):
|  | Date Acquired |  | Nominal Ownership % |  | Number of Properties |  | Carrying Value of Investment (1)
Entity |  |  |  |  | March 31, 2020 |  | December 31, 2019
GI-COPT DC Partnership LLC |  | 7/21/2016 |  | 50% |  | 6 |  |  | $ | 37,275 |  |  | $ | 37,816 |
BREIT COPT DC JV LLC |  | 6/20/2019 |  | 10% |  | 9 |  |  | 13,945 |  |  | 14,133 |
|  |  |  |  |  | 15 |  |  | $ | 51,220 |  |  | $ | 51,949 |
(1) Included in the line entitled “investment in unconsolidated real estate joint ventures” on our consolidated balance sheets.

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