XML 44 R48.htm IDEA: XBRL DOCUMENT v3.19.3
Variable Interest Entities, Contingent Liability and Consolidated Joint Ventures - Consolidated Joint Ventures (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2019
USD ($)
item
Dec. 31, 2018
USD ($)
Consolidated VIEs Carrying Amount of Assets and Liabilities    
Land $ 195,771 $ 204,162
Unbilled rent receivable 14,202 13,722
Unamortized intangible lease assets, net 26,375 26,541
Escrow, deposits, and other assets and receivables 10,033 8,023
Mortgages payable, net of unamortized deferred financing costs of $328 and $391, respectively 435,115 418,798
Accrued expenses and other liabilities 17,784 11,094
Unamortized intangible lease liabilities, net 12,552 14,013
Accumulated other comprehensive (loss) income (3,374) 1,890
Non-controlling interests in consolidated joint ventures [1] $ 1,172 1,449
Consolidated Joint Venture-VIEs    
Variable Interest Entities    
Number of joint ventures with controlling interest | item 4  
Consolidated VIEs Carrying Amount of Assets and Liabilities    
Land $ 12,158 14,722
Buildings and improvements, net of accumulated depreciation of $4,109 and $4,119, respectively 24,426 27,642
Accumulated depreciation 4,109 4,119
Cash 1,029 1,020
Unbilled rent receivable 870 1,211
Unamortized intangible lease assets, net 776 890
Escrow, deposits, and other assets and receivables 715 810
Mortgages payable, net of unamortized deferred financing costs of $328 and $391, respectively 24,404 26,850
Unamortized deferred financing costs 328 391
Accrued expenses and other liabilities 708 761
Unamortized intangible lease liabilities, net 613 1,694
Accumulated other comprehensive (loss) income (85) 31
Non-controlling interests in consolidated joint ventures $ 1,172 $ 1,449
Consolidated Joint Venture-VIEs | Minimum    
Variable Interest Entities    
Ownership interest in consolidated joint venture of the company (as a percent) 90.00%  
Consolidated Joint Venture-VIEs | Maximum    
Variable Interest Entities    
Ownership interest in consolidated joint venture of the company (as a percent) 95.00%  
Consolidated Joint Venture-VIEs | Real Estate in Clemmons, NC    
Variable Interest Entities    
Ownership interest in consolidated joint venture of the company (as a percent)   90.00%
[1] The Company’s consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIEs”). See Note 7. The consolidated balance sheets include the following amounts related to the Company’s consolidated VIEs: $12,158 and $14,722 of land, $24,426 and $27,642 of building and improvements, net of $4,109 and $4,119 of accumulated depreciation, $3,390 and $3,931 of other assets included in other line items, $24,404 and $26,850 of real estate debt, net, $1,321 and $2,455 of other liabilities included in other line items and $1,172 and $1,449 of non-controlling interests as of September 30, 2019 and December 31, 2018, respectively.