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Investment in Unconsolidated Joint Ventures
6 Months Ended
Jun. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
The following information summarizes financial data and principal activities of the Company's unconsolidated joint ventures. The information included in the following table entitled summary of financial position is as of June 30, 2020 and December 31, 2019 (in thousands). The information included in the summary of operations table is for the six months ended June 30, 2020 and 2019 (in thousands):
 Total AssetsTotal DebtTotal EquityCompany’s Investment
SUMMARY OF FINANCIAL POSITION:20202019202020192020201920202019
DC Charlotte Plaza LLLP$177,003  $179,694  $—  $—  $91,115  $90,373  $48,249  $48,058  
Austin 300 Colorado Project, LP149,576  112,630  54,074  21,430  68,196  68,101  37,648  36,846  
AMCO 120 WT Holdings, LLC81,484  77,377  —  —  78,304  70,696  14,753  13,362  
Carolina Square Holdings LP112,052  114,483  76,298  75,662  23,815  25,184  14,130  14,414  
HICO Victory Center LP15,696  16,045  —  —  15,550  15,353  10,519  10,373  
Charlotte Gateway Village, LLC —  109,675  —  —  —  106,651  —  6,718  
Wildwood Associates —  11,061  —  —  —  10,978  —  (521) (1)
Crawford Long - CPI, LLC 30,130  28,459  67,136  67,947  (38,463) (40,250) (18,353) (1)(19,205) (1)
Other7,666  8,879  —  —  7,472  7,318  4,558  4,113  
$573,607  $658,303  $197,508  $165,039  $245,989  $354,404  $111,504  $114,158  
 Total RevenuesNet Income (Loss)Company's Share of Income (Loss)
SUMMARY OF OPERATIONS:202020192020201920202019
Charlotte Gateway Village, LLC $6,684  $13,611  $3,400  $5,049  $1,699  $2,524  
DC Charlotte Plaza LLLP10,429  5,410  3,681  2,201  1,661  1,101  
Crawford Long - CPI, LLC 6,453  6,255  1,787  1,809  852  863  
Carolina Square Holdings LP7,209  6,491  1,228  158  569  110  
HICO Victory Center LP197  235  197  235  98  137  
Austin 300 Colorado Project, LP195  222  95  110  48  55  
Terminus Office Holdings LLC—  24,050  —  3,819  —  1,800  
AMCO 120 WT Holdings, LLC584  —  (1,310) (32) (272) —  
Other244  64  198  (93) 485  (52) 
$31,995  $56,338  $9,276  $13,256  $5,140  $6,538  

(1) Negative bases are included in deferred income on the condensed consolidated balance sheets.
In April 2020, the Carolina Square Holdings LP joint venture executed an amendment for its associated construction loan, extending the maturity date from May 2020 to May 2021 and reducing the spread over the London Interbank Offering Rate ("LIBOR") from 1.90% to 1.25%. This amendment also eliminated the Company's repayment guaranty.
In March 2020, the Company sold its interest in Charlotte Gateway Village, LLC ("Gateway"), which owned a 1.1 million square foot office building in Charlotte, North Carolina, to its partner for a gross purchase price of $52.2 million. The sale was triggered by the exercise of the partner's purchase option and the proceeds from this sale represent a 17% internal rate of return for the Company on its invested capital, as stipulated in the partnership agreement. The Company recognized a gain of $44.7 million on the sale of its interest in Gateway.
In February 2020, as part of its strategy in regards to disposal of non-core assets, the Company sold its remaining interest in the Wildwood Associates joint venture, which owned a 6.3 acre parcel of land in Atlanta, to its venture partner for a gross purchase price of $900,000. The Company recognized a gain of $1.3 million on the sale of its interest in Wildwood Associates, which included elimination of the remaining negative basis in the joint venture of $520,000.