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Investment in Unconsolidated Joint Ventures (Tables)
9 Months Ended
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, 2021December 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 value13,018 13,485 
Investment in unconsolidated joint ventures$6,659 $6,798 
Schedule of Components of Equity In Income (Loss) from Unconsolidated Entities
The following table summarizes the components of the Company's equity in loss from unconsolidated joint ventures (in thousands):
For the three months ended September 30,For the nine months ended September 30,
2021202020212020
Operating loss$(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)