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Investment in Unconsolidated Entities (Tables)
6 Months Ended
Jun. 30, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Investments in Unconsolidated Entities
The Company's investments in unconsolidated entities accounted for under the equity method consist of the following as of June 30, 2017 and December 31, 2016 (dollar amounts in thousands):

 
 
June 30, 2017

December 31, 2016
Investment Name
 
Ownership Interest
 
Carrying Amount
 
Ownership Interest
 
Carrying Amount
Autumnwood Investments LLC
 
 
$
2,030

 
 
$
2,092

200 RHC Hoover, LLC(1)
 
 

 
63%
 
8,886

BBA-EP320 II, L.L.C., BBA-Ten10 II, L.L.C., and Lexington on the Green Apartments, L.L.C. (collectively)
 
45%
 
8,125

 
45%
 
7,949

Total - Equity Method
 
 
 
$
10,155

 
 
 
$
18,927


    
(1)  
On March 31, 2017, the Company reconsidered its evaluation of its variable interest in 200 RHC Hoover, LLC ("Riverchase Landing") and determined that it became the primary beneficiary of Riverchase Landing. Accordingly, on this date, the Company consolidated Riverchase Landing into its condensed consolidated financial statements (see Note 9).

The Company's investments in unconsolidated entities accounted for at fair value option consist of the following as of June 30, 2017 and December 31, 2016 (dollar amounts in thousands):
 
 
June 30, 2017
 
December 31, 2016
Investment Name
 
Ownership Interest
 
Carrying Amount
 
Ownership Interest
 
Carrying Amount
Morrocroft Neighborhood Stabilization Fund II, LP
 
11%
 
$
10,812

 
11%
 
$
9,732

Evergreens JV Holdings, LLC
 
85%
 
4,010

 
85%
 
3,810

Bent Tree JV Holdings, LLC
 
78%
 
10,250

 
78%
 
9,890

Summerchase LR Partners LLC
 
80%
 
4,460

 
80%
 
4,410

Lake Mary Realty Partners, LLC
 
80%
 
7,730

 
80%
 
7,690

The Preserve at Port Royal Venture, LLC
 
77%
 
12,660

 
77%
 
12,280

WR Savannah Holdings, LLC
 
90%
 
12,740

 
90%
 
12,520

Total - Fair Value Option
 
 
 
$
62,662

 
 
 
$
60,332




    
The following table presents income from investments in unconsolidated entities for the three and six months ended June 30, 2017 and June 30, 2016 (dollar amounts in thousands):
        
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
Investment Name
 
2017
 
2016
 
2017
 
2016
Autumnwood Investments LLC
 
$
73

 
$
71

 
$
73

 
$
142

200 RHC Hoover, LLC
 

 
413

 
275

 
816

BBA-EP320 II, L.L.C., BBA-Ten10 II, L.L.C., and Lexington on the Green Apartments, L.L.C. (collectively)
 
247

 

 
488

 

RiverBanc LLC (1)
 

 
34

 

 
125

Kiawah River View Investors LLC ("KRVI") (1)
 

 
1,033

 

 
1,250

RB Development Holding Company, LLC (1)
 

 

 

 
107

RB Multifamily Investors LLC (1)
 

 
506

 

 
2,262

Morrocroft Neighborhood Stabilization Fund II, LP
 
332

 
129

 
980

 
458

Evergreens JV Holdings, LLC
 
139

 
10

 
303

 
10

Bent Tree JV Holdings, LLC
 
297

 
100

 
585

 
100

Summerchase LR Partners LLC
 
180

 
10

 
362

 
10

Lake Mary Realty Partners, LLC
 
222

 
20

 
433

 
20

The Preserve at Port Royal Venture, LLC
 
441

 
100

 
826

 
100

WR Savannah Holdings, LLC
 
295

 
60

 
625

 
60


(1)
As of May 16, 2016, RiverBanc LLC, RB Development Holding Company, LLC, and RB Multifamily Investors LLC became wholly-owned subsidiaries of the Company as a result of the Company's acquisition of the remaining ownership interests in those entities held by other unaffiliated entities (see Note 22). Also as of May 16, 2016, the Company consolidated KRVI into its condensed consolidated financial statements (see Note 9).