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Investment in Unconsolidated Joint Ventures (Tables) | 9 Months Ended
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Sep. 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):
| September 30, 2021 |  | December 31, 2020
Equity basis of the joint venture investments | $ | (6,359) |  |  | $ | (6,687) |
Cost of the joint venture investments in excess of the joint venture book value | 13,018 |  |  | 13,485 |
Investment in unconsolidated joint ventures | $ | 6,659 |  |  | $ | 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 loss from unconsolidated joint ventures (in thousands):
| For the three months ended September 30, |  | For the nine months ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Operating loss | $ | (77) |  |  | $ | (993) |  |  | $ | (3) |  |  | $ | (824) |
Depreciation of cost in excess of book value | (155) |  |  | (280) |  |  | (467) |  |  | (839) |
Impairment loss | — |  |  | (6,533) |  |  | — |  |  | (6,533) |
Equity in loss from unconsolidated joint ventures | $ | (232) |  |  | $ | (7,806) |  |  | $ | (470) |  |  | $ | (8,196) |

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