Equity method investment ownership interests at December 31, 2018 and 2017 are as follows:



	Ownership Interest
Equity Method Investment	December 31, 2018		December 31, 2017
Main Street WP Hotel Associates, LLC	50	%	50	%
FBC-CHI Hotels, LLC	40	%	40	%
CS Hotel 30W46th, LLC	25	%	25	%
CS Brickell, LLC	50	%	50	%
CS Maple Grove, LLC	50	%	50	%
CS Hotel West Orange, LLC	50	%	50	%
Hotel JV Services, LLC ⁽¹⁾	16	%	16	%
City Market Hotel Development, LLC	43	%	43	%
CS Woodlands, LLC	50	%	50	%
926 James M. Wood Boulevard, LLC	75	%	75	%
CS Dallas Elm, LLC	45	%	45	%
Choice Hotels Canada, Inc. ⁽¹⁾	50	%	50	%
CS 433 Mason LLC ⁽²⁾	100	%	90	%
Pine Street Long Beach LLC	50	%	50	%
SY Valley Vineyard Resorts LLC	50	%	50	%
CS Lakeside Santa Clara LLC	50	%	—	%
CS Main Pleasant Hill LLC	50	%	—	%

⁽¹⁾Non-variable interest entity investments

⁽²⁾During the third quarter of 2018, a partner in a VIE previously accounted for under the equity method of accounting exercised a put option to the Company for its membership interest. As a result, the Company paid $3.2 million for the remaining interest and the purchase was accounted for as an asset acquisition. The financial results of the 100% owned entity have been consolidated in the Company's financial statements since August 9, 2018.

The following tables present summarized financial information for all unconsolidated ventures in which the Company holds an investment that is accounted for under the equity method.



	Year Ended December 31,
	2018		2017⁽³⁾		2016
	(in thousands)
Revenues	$	118,324	$	87,033	$	72,393
Operating income	11,790		8,171		9,878
Income from continuing operations	1,658		2,140		4,603
Net income	$	477	$	940	$	4,598

⁽³⁾Updated based on most recent data available



	As of December 31,
	2018		2017
	(in thousands)
Current assets	$	75,453	$	56,599
Non-current assets	465,361		491,388
Total assets	$	540,814	$	547,987

Current liabilities	$	32,234	$	31,191
Non-current liabilities	239,581		222,156
Total liabilities	$	271,815	$	253,347