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Investment in Unconsolidated Joint Ventures (Tables)
6 Months Ended
Jun. 30, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Components of Investment In Unconsolidated Entities
The following table summarizes the components of the Company's investments in unconsolidated joint ventures (in thousands):
June 30, 2021December 31, 2020
Equity basis of the joint venture investments$(6,283)$(6,687)
Cost of the joint venture investments in excess of the joint venture book value13,174 13,485 
Investment in unconsolidated joint ventures$6,891 $6,798 
Schedule of Components of Equity In Income (Loss) from Unconsolidated Entities
The following table summarizes the components of the Company's equity in income (loss) from unconsolidated joint ventures (in thousands):
For the three months ended June 30,For the six months ended June 30,
2021202020212020
Operating income (loss)$215 $(695)$73 $170 
Depreciation of cost in excess of book value(155)(280)(311)(560)
Equity in income (loss) income from unconsolidated joint ventures$60 $(975)$(238)$(390)