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v3.20.1

Investment in Unconsolidated Entities (Tables) | 3 Months Ended
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Mar. 31, 2020
Investment in Partially Owned Entities [Abstract] |
Schedule of Combined Financial Information of Investment in Unconsolidated Entities | he following table presents condensed balance sheet information for IAGM and separate condensed income statement information of IAGM and the other joint venture which was disposed in late 2019.
| As of
| March 31, 2020 |  | December 31, 2019
Assets: |  |  |
Real estate assets, net of accumulated depreciation | $ | 405,633 |  |  | $ | 425,585 |
Other assets | 64,041 |  |  | 66,437 |
Total assets | 469,674 |  |  | 492,022 |
Liabilities and equity: |  |  |
Mortgages payable, net | 241,980 |  |  | 256,732 |
Other liabilities | 14,385 |  |  | 20,765 |
Equity | 213,309 |  |  | 214,525 |
Total liabilities and equity | 469,674 |  |  | 492,022 |
Company's share of equity | 118,175 |  |  | 118,861 |
Deferred gain, net of accumulated amortization of $3 | (955 | ) |  | — |
Carrying value of investments in unconsolidated entities | $ | 117,220 |  |  | $ | 118,861 |
| Three months ended March 31,
IAGM | 2020 |  | 2019
Total income | $ | 12,723 |  |  | $ | 13,640 |
Depreciation and amortization | (4,342 | ) |  | (5,276 | )
Property operating | (2,121 | ) |  | (1,987 | )
Real estate taxes | (2,426 | ) |  | (2,606 | )
Interest expense, net | (2,193 | ) |  | (2,894 | )
General and administrative | (119 | ) |  | (119 | )
Gain on sale of real estate | 1,741 |  |  | — |
Loss on debt extinguishment | (8 | ) |  | — |
Net income | 3,255 |  |  | 758 |
Other joint venture interest |  |  |
Net loss | — |  |  | (4,858 | )
Net income (loss) | $ | 3,255 |  |  | $ | (4,100 | )
Company's share of net income (loss) | $ | 1,744 |  |  | $ | (3,944 | )
Outside basis adjustment for IAGM's sale of real estate | (955 | ) |  | — |
Outside basis adjustment for other joint venture's sale of assets | — |  |  | 4,403 |
Equity in earnings of unconsolidated entities | $ | 789 |  |  | $ | 459 |
Contractual Obligation, Fiscal Year Maturity Schedule | The following table summarizes the scheduled maturities of IAGM's mortgages payable as of March 31, 2020, for the remainder of 2020, each of the next four years and thereafter.
Scheduled maturities by year: | As of March 31, 2020
2020 | $ | — |
2021 | 23,150 |
2022 | — |
2023 | 180,125 |
2024 | — |
Thereafter | 40,680 |
Total | $ | 243,955 |

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- Definition Investment in partially owned entities. + References No definition available. + Details
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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 contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 303 -Paragraph (a) -Subparagraph (5) + Details
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