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Investment in Unconsolidated Joint Ventures (Tables) | 12 Months Ended
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Dec. 31, 2020
Equity Method Investments and Joint Ventures [Abstract] |
Summary of Investments in Unconsolidated Joint Ventures | The following is a summary of our investment in unconsolidated joint ventures:
|  | As of December 31,
|  | 2020 |  | 2019
Assets (1) |  |  |  |
Real estate |  | 1,230,197 |  |  | 1,255,998 |
Other assets |  | 113,537 |  |  | 107,006 |
Total assets |  | $ | 1,343,734 |  |  | $ | 1,363,004 |
Liabilities and Partners Capital (1) |  |  |  |
Mortgage notes payable |  | 843,522 |  |  | 843,053 |
Mezzanine notes payable |  | 239,878 |  |  | 240,422 |
Other liabilities |  | 45,619 |  |  | 37,118 |
Our share of partners' capital |  | 93,334 |  |  | 108,035 |
Outside partner's capital |  | 121,381 |  |  | 134,376 |
Total liabilities and partners' capital |  | $ | 1,343,734 |  |  | $ | 1,363,004 |
Investment in unconsolidated joint ventures |  |  |  |
Our share of partners' capital |  | $ | 93,334 |  |  | $ | 108,035 |
Our share of Mezzanine note payablestr |  | 119,939 |  |  | 120,211 |
Basis adjustment (2) |  | (152,848) |  |  | (160,591) |
Total investment in unconsolidated joint ventures |  | $ | 60,425 |  |  | $ | 67,655 |
(1) These amounts include the assets of $1,280,827 and $1,305,179 of VAA at December 31, 2020 and 2019, respectively, and liabilities of $1,107,861 and $1,104,070 of VAA at December 31, 2020 and 2019, respectively. (2) We amortize the difference between the cost of our investments in unconsolidated joint ventures and the book value of our underlying equity into income on a straight-line basis consistent with the lives of the underlying assets. The following is a summary of our income (loss) from investments in unconsolidated joint ventures:
|  | For the Years Ended December 31,
|  | 2020 |  | 2019 |  | 2018
Revenue (1) |  |  |  |  |  |
Rental revenue |  | $ | 117,336 |  |  | $ | 109,746 |  |  | $ | 11,568 |
Other revenue |  | 57,515 |  |  | 59,069 |  |  | 53,603 |
Total revenue |  | 174,851 |  |  | 168,815 |  |  | 65,171 |
Expenses (1) |  |  |  |  |  |
Operating expenses |  | 110,108 |  |  | 109,588 |  |  | 57,922 |
Depreciation and amortization |  | 31,921 |  |  | 45,453 |  |  | 8,506 |
Interest |  | 57,455 |  |  | 61,867 |  |  | 6,432 |
Total expenses |  | 199,484 |  |  | 216,908 |  |  | 72,860 |
Net loss |  | $ | (24,633) |  |  | $ | (48,093) |  |  | $ | (7,689) |
Our share of net (loss) income in unconsolidated joint ventures |  | $ | (379) |  |  | $ | (2,313) |  |  | $ | 1,513 |
(1) These amounts include revenue of $123,115, $115,377 and $12,877 of VAA during the years ended December 31, 2020, 2019 and 2018, respectively, and expenses of $149,817, $165,773 and $22,609 of VAA during the years ended December 31, 2020, 2019 and 2018, respectively.

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
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