XML 55 R44.htm IDEA: XBRL DOCUMENT v3.19.1
Investment in Consolidated and Unconsolidated Entities - Schedule Investment in Unconsolidated Entities (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Dec. 31, 2018
Assets      
Real estate assets, net of accumulated depreciation $ 477,174   $ 494,583
Other assets 127,059   103,565
Total assets 604,233   598,148
Liabilities and Equity      
Mortgages payable 272,814   272,629
Other liabilities 57,335   42,569
Equity 274,084   282,950
Total liabilities and equity 604,233   598,148
Company's share of equity 180,009   185,814
Outside basis difference (25,259)   (29,682)
Carrying value of investments in unconsolidated entities 154,750   $ 156,132
Statements of Operations:      
Revenues 13,641 $ 15,689  
Operating expenses      
Interest expense and loan cost amortization 2,894 3,386  
Depreciation and amortization 5,276 5,655  
Operating and general and administrative expenses 4,590 6,356  
Provision for asset impairment 0 672  
Total expenses 12,760 16,069  
Net income (loss) before loss on sale of real estate 881 (380)  
Loss on sale of real estate (4,981) (3,905)  
Net loss (4,100) (4,285)  
Company's share of net loss (3,944) (2,315)  
Distributions from unconsolidated entities in excess of the investments' carrying value 0 274  
Outside basis adjustment for investee's sale of real estate 4,403 0  
Equity in earnings (losses) of unconsolidated entities $ 459 $ (2,041)