INVESTMENT IN UNCONSOLIDATED JOINT VENTURES

The Company describes its investments in unconsolidated joint ventures in note 5 of notes to consolidated financial statements in its Annual Report on Form 10-K for the year ended December 31, 2015. The following table summarizes balance sheet data of the Company's unconsolidated joint ventures as of September 30, 2016 and December 31, 2015 (in thousands):



	Total Assets				Total Debt				Total Equity						Company’s Investment
SUMMARY OF FINANCIAL POSITION:	2016		2015		2016		2015		2016			2015			2016				2015
Terminus Office Holdings	$	274,417	$	277,444	$	208,572	$	211,216	$	52,743		$	56,369		$	27,381			$	29,110
EP I LLC	81,204		83,115		58,029		58,029		21,006			24,172			19,753				21,502
EP II LLC	68,179		70,704		44,736		40,910		22,136			24,331			17,892				19,118
Carolina Square Holdings LP	51,507		15,729		9,287		—		34,164			12,085			18,256				6,782
Charlotte Gateway Village, LLC	120,828		123,531		3,265		17,536		114,038			104,336			11,359				11,190
HICO Victory Center LP	13,798		13,532		—		—		13,793			13,229			9,419				9,138
DC Charlotte Plaza LLLP	15,168		—		—		—		15,164			—			8,188				—
CL Realty, L.L.C.	7,869		7,872		—		—		7,767			7,662			3,585				3,515
Temco Associates, LLC	5,324		5,284		—		—		5,196			5,133			1,100				977
Wildwood Associates	16,378		16,419		—		—		16,298			16,354			(1,125		)	(1)	(1,122		)	(1)
Crawford Long - CPI, LLC	28,449		29,143		73,193		74,286		(46,667		)	(46,238		)	(22,236		)	(1)	(22,021		)	(1)
AMCO 120 WT Holdings, LLC	8,288		—		—		—		7,941			—			—				—
Other	—		2,107		—		—		—			1,646			—				1,245
	$	691,409	$	644,880	$	397,082	$	401,977	$	263,579		$	219,079		$	93,572			$	79,434

(1) Negative balances are included in deferred income on the balance sheets.

The following table summarizes statement of operations information of the Company's unconsolidated joint ventures for the nine months ended September 30, 2016 and 2015 (in thousands):



	Total Revenues				Net Income (Loss)						Company's Share of Income (Loss)
SUMMARY OF OPERATIONS:	2016		2015		2016			2015			2016			2015
Terminus Office Holdings	$	31,630	$	30,144	$	3,874		$	1,923		$	1,937		$	962
EP I LLC	7,919		9,587		1,417			2,481			1,206			1,864
EP II LLC	3,605		536		(1,194		)	(150		)	(1,043		)	(100		)
Charlotte Gateway Village, LLC	26,245		25,311		11,077			9,438			1,447			883
HICO Victory Center LP	307		—		300			—			131			—
CL Realty, L.L.C.	327		674		105			346			70			178
DC Charlotte Plaza LLLP	47		—		45			—			24			—
Temco Associates, LLC	180		9,163		83			2,077			122			2,244
Wildwood Associates	—		—		(106		)	(89		)	(53		)	(45		)
Crawford Long - CPI, LLC	9,101		9,193		2,005			2,131			1,003			1,071
Other	—		—		—			(95		)	300			31
	$	79,361	$	84,608	$	17,606		$	18,062		$	5,144		$	7,088

On March 29, 2016, a 50-50 joint venture, DC Charlotte Plaza LLLP, was formed between the Company and Dimensional Fund Advisors ("DFA") to develop DFA's 282,000 square foot regional headquarters building in Charlotte, North Carolina. Each partner contributed $6.6 million in pre-development costs upon formation of the venture. The Company will account for its investment in this joint venture under the equity method.

On August 26, 2016, the Company and affiliates of AMLI Residential (“AMLI”) formed AMCO 120 WT Holdings, LLC to develop a mixed-use property in Decatur, Georgia. The property is expected to contain approximately 30,000 square feet of office space, 10,000 square feet of retail space and 330 apartment units. Cousins holds a 20% interest in the joint venture, and AMLI holds an 80% interest. Initial contributions to the joint venture for the purchase of land were funded entirely by AMLI. Subsequent contributions will be funded in proportion to the members' percentage interests. The Company will account for its investment in this joint venture under the equity method.

In the Merger, the Company acquired a 74.6% interest in the US Airways Building, a 229,000 square foot office building in Tempe, Arizona. Because the building is owned as a tenancy-in-common, the Company expects to account for its interest in the building under the equity method. On October 20, 2016, the Company entered into an agreement to purchase the remaining 25.4% interest for $19.6 million at a date no later than February 28, 2017.