XML 94 R34.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Investments in Unconsolidated Funds (Tables)
 12 Months Ended
Dec. 31, 2019
Real Estate Investments, Net [Abstract]  
Summary of Statement of Operations for Investments in Unconsolidated Real Estate Funds and Cash Received from Funds The tables below present selected financial information for the Funds. The amounts presented reflect 100% (not our pro-rata share) of amounts related to the Funds, and are based upon historical acquired book value:

(In thousands)
December 31, 2019
 
December 31, 2018
 
 
 
 
Total assets(1)
$
136,479

 
$
694,713

Total liabilities(1)
$
113,330

 
$
525,483

Total equity(1)
$
23,149

 
$
169,230

_______________________________________________
(1) The balances as of December 31, 2019 reflect the balances for Partnership X. The balances as of December 31, 2018 reflect the combined balances for Partnership X, Fund X and the Opportunity Fund.

 
Year Ended December 31,
(In thousands)
2019
 
2018
 
2017
 
 
 
 
 
 
Total revenues(1)
$
75,952

 
$
79,590

 
$
75,896

Operating income(1)
$
22,269

 
$
22,959

 
$
20,640

Net income(1)
$
7,350

 
$
6,260

 
$
5,085


_________________________________________________
(1)
The balances reflect the combined balances for Partnership X, Fund X and the Opportunity Fund through November 20, 2019 and the balances for Partnership X from November 21, 2019 through December 31, 2019.
The table below presents cash distributions we received from our Funds:
 
 
Year Ended December 31,
(In thousands)
2019
 
2018
 
2017
 
 
 
 
 
 
Operating distributions received(1)
$
6,820

 
$
6,400

 
$
5,905

Capital distributions received(1)
5,853

 
7,349

 
43,560

Total distributions received(1)
$
12,673

 
$
13,749

 
$
49,465