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Investment in Partially Owned Entities (Tables) | 6 Months Ended
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Jun. 30, 2017
Investment in Partially Owned Entities [Abstract] |
Schedule of Net Equity Investment and Share of Net Income or Loss | Under the equity method of accounting, the net equity investment of the Company and the Company's share of net income or loss from the unconsolidated entity are reflected in the consolidated balance sheets and the consolidated statements of operations and comprehensive income (loss).
|  |  |  |  |  | Carrying Value of Investment at
Entity |  | Description |  | Ownership % |  | June 30, 2017 |  | December 31, 2016
IAGM Retail Fund I, LLC |  | Multi-tenant retail shopping centers |  | 55% |  | $ | 126,451 |  |  | $ | 126,090 |
Downtown Railyard Venture, LLC |  | Land development |  | (a) |  | 55,508 |  |  | 52,365 |
Other unconsolidated entities |  | Various real estate investments |  | Various |  | 254 |  |  | 273 |
|  |  |  |  |  | $ | 182,213 |  |  | $ | 178,728 |
(a) | The Company's ownership percentage in Downtown Railyard Venture, LLC ("DRV") is based upon a waterfall calculation outlined in the operating agreement.
Schedule of Combined Financial Information of Investment in Unconsolidated Entities | The following tables present the combined condensed financial information for the Company's unconsolidated entities.
| As of
| June 30, 2017 |  | December 31, 2016
Assets: |  |  |
Real estate assets, net of accumulated depreciation | $ | 625,782 |  |  | $ | 628,667 |
Other assets | 71,157 |  |  | 71,288 |
Total assets | $ | 696,939 |  |  | $ | 699,955 |
Liabilities and equity: |  |  |
Mortgage debt | 311,476 |  |  | 311,378 |
Other liabilities | 58,806 |  |  | 65,225 |
Equity | 326,657 |  |  | 323,352 |
Total liabilities and equity | $ | 696,939 |  |  | $ | 699,955 |
Company's share of equity | $ | 195,311 |  |  | $ | 192,124 |
Net excess of the net book value of underlying assets over the cost of investments (net of accumulated amortization of $2,527 and $2,229, respectively) | (13,098 | ) |  | (13,396 | )
Carrying value of investments in unconsolidated entities | $ | 182,213 |  |  | $ | 178,728 |
| Three months ended June 30, |  | Six months ended June 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Revenues | $ | 16,944 |  |  | $ | 19,846 |  |  | $ | 33,764 |  |  | $ | 37,134 |
Expenses: |  |  |  |  |  |  |
Interest expense and loan cost amortization | 3,276 |  |  | 778 |  |  | 6,527 |  |  | 6,638 |
Depreciation and amortization | 6,422 |  |  | 8,352 |  |  | 12,614 |  |  | 14,667 |
Operating expenses, ground rent and general and administrative expenses | 5,986 |  |  | 7,045 |  |  | 12,270 |  |  | 10,666 |
Total expenses | 15,684 |  |  | 16,175 |  |  | 31,411 |  |  | 31,971 |
Net income | $ | 1,260 |  |  | $ | 3,671 |  |  | $ | 2,353 |  |  | $ | 5,163 |
Company's share of net income, net of excess basis depreciation of $130, $130, $260 and $260, respectively | $ | 675 |  |  | $ | 2,241 |  |  | $ | 1,247 |  |  | $ | 3,260 |
Distributions from unconsolidated entities in excess of the investments' carrying value | — |  |  | 355 |  |  | — |  |  | 630 |
Equity in earnings of unconsolidated entities | $ | 675 |  |  | $ | 2,596 |  |  | $ | 1,247 |  |  | $ | 3,890 |
Schedule of Debt Maturities of the Unconsolidated Entities | The unconsolidated entities had total third party debt of $311,476 at June 30, 2017 that matures as follows:
Maturities during the year ended December 31, |  | Amount
2017 |  | $ | — |
2018 |  | 203,906 |
2019 |  | 16,247 |
2020 |  | — |
2021 |  | 22,973 |
Thereafter |  | 68,350 |
|  | $ | 311,476 |

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- Definition Schedule of combined financial information for the company's investment in unconsolidated entities. + References No definition available. + Details
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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://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 + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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