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Investment in Unconsolidated Entities (Tables)
3 Months Ended
Mar. 31, 2020
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):
 
March 31, 2020
 
December 31, 2019
Equity basis of the joint venture investments
$
(3,307
)
 
$
(4,236
)
Cost of the joint venture investments in excess of the joint venture book value
19,127

 
19,407

Investment in unconsolidated joint ventures
$
15,820

 
$
15,171

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 March 31,
 
2020
 
2019
Unconsolidated joint ventures net income attributable to the Company
$
829

 
$
387

Depreciation of cost in excess of book value
(280
)
 
(280
)
Equity in income from unconsolidated joint ventures
$
549

 
$
107