Investment in Unconsolidated Entities (Tables)

9 Months Ended

Sep. 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):

	September 30, 2019			December 31, 2018
Equity basis of the joint venture investments	$	(4,097	)	$	(4,810	)
Cost of the joint venture investments in excess of the joint venture book value	19,687			20,526
Investment in unconsolidated joint ventures	$	15,590		$	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 September 30,						For the nine months ended September 30,
	2019			2018			2019			2018
Unconsolidated joint ventures net income attributable to the Company	$	310		$	498		$	1,404		$	1,784
Depreciation of cost in excess of book value	(280		)	(280		)	(839		)	(839		)
Equity in income from unconsolidated joint ventures	$	30		$	218		$	565		$	945