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Investment in Unconsolidated Entities (Tables)
12 Months Ended
Dec. 31, 2020
Investment in Partially Owned Entities [Abstract]  
Schedule of Combined Financial Information of Investment in Unconsolidated Entities
The following table presents condensed balance sheet information for IAGM.
As of
December 31, 2020December 31, 2019
Assets:
Net investment properties$387,394 $425,585 
Other assets72,453 66,437 
Total assets459,847 492,022 
Liabilities and equity:
Mortgage debt, net242,388 256,732 
Other liabilities19,144 20,765 
Equity198,315 214,525 
Total liabilities and equity459,847 492,022 
Company's share of equity109,928 118,861 
Outside basis difference, net (a)(877)— 
Carrying value of investments in unconsolidated entities$109,051 $118,861 
(a)The outside basis difference relates to the unamortized deferred gain on sale of Antoine Town Center.
The following table presents condensed income statement information of IAGM and disposed joint ventures.
Year ended December 31,
IAGM202020192018
Total income$46,259 $53,396 $57,649 
Depreciation and amortization(16,303)(20,135)(21,001)
Property operating(7,143)(8,372)(8,898)
Real estate taxes(8,687)(9,426)(9,891)
Asset management fees(1,098)(1,073)(1,080)
Interest expense, net(7,455)(10,882)(13,193)
Other (expense) and income, net(307)157 237 
Loss on debt extinguishment(8)— (20)
Gain (loss) on sale of real estate, net1,741 (559)(4,135)
Provision for asset impairment(11,016)(1,443)(3,673)
Net (loss) income(4,017)1,663 (4,005)
Disposed joint venture activity
Net (loss) income— (4,869)573 
Total net (loss) income of unconsolidated entities$(4,017)$(3,206)$(3,432)
Company's share of net loss$(2,264)$(3,446)$(1,870)
Outside basis adjustment for investee's sale of real estate, net(877)4,403 — 
Impairment of DRV— — (29,933)
Distributions in excess of the investments' carrying value— — 410 
Equity in (losses) earnings and (impairment), net, of unconsolidated entities$(3,141)$957 $(31,393)
Contractual Obligation, Fiscal Year Maturity Schedule
The following table summarizes the scheduled maturities of IAGM's mortgages payable as of December 31, 2020:
Scheduled maturities by year:As of December 31, 2020
2021$23,150 
2022— 
2023180,125 
2024— 
202522,880 
Thereafter17,800 
Total$243,955