Investment in Unconsolidated Entities (Tables)

3 Months Ended

Mar. 31, 2021

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, 2021		December 31, 2020
Equity basis of the joint venture investments	$	(6,664)	$	(6,687)
Cost of the joint venture investments in excess of the joint venture book value	13,329		13,485
Investment in unconsolidated joint ventures	$	6,665	$	6,798

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

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

	For the three months ended March 31,
	2021		2020
Unconsolidated joint ventures net (loss) income attributable to the Company	$	(142)	$	829
Depreciation of cost in excess of book value	(156)		(280)
Equity in (loss) income from unconsolidated joint ventures	$	(298)	$	549