Investment in Unconsolidated Entities (Tables)

6 Months Ended

Jun. 30, 2019

Investment in Unconsolidated Entities [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):

	June 30, 2019			December 31, 2018
Equity basis of the joint venture investments	$	(4,163	)	$	(4,810	)
Cost of the joint venture investments in excess of the joint venture book value	19,966			20,526
Investment in unconsolidated joint ventures	$	15,803		$	15,716

Schedule of Components of Equity In Income (Loss) from Unconsolidated Entities

The following table summarizes the components of the Company's equity in income from unconsolidated joint ventures (in thousands):

	For the three months ended June 30,						For the six months ended June 30,
	2019			2018			2019			2018
Unconsolidated joint ventures net income attributable to the Company	$	708		$	891		$	1,095		$	1,287
Depreciation of cost in excess of book value	(280		)	(280		)	(560		)	(560		)
Equity in income from unconsolidated joint ventures	$	428		$	611		$	535		$	727