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Investment in Unconsolidated Joint Ventures
9 Months Ended
Sep. 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 September 30, 2020 and December 31, 2019 (in thousands). The information included in the summary of operations table is for the nine months ended September 30, 2020 and 2019 (in thousands):
 Total AssetsTotal DebtTotal EquityCompany’s Investment
SUMMARY OF FINANCIAL POSITION:20202019202020192020201920202019
DC Charlotte Plaza LLLP$175,827 $179,694 $ $— $90,767 $90,373 $48,040 $48,058 
Austin 300 Colorado Project, LP165,704 112,630 71,681 21,430 68,191 68,101 37,929 36,846 
AMCO 120 WT Holdings, LLC86,151 77,377  — 83,467 70,696 15,769 13,362 
Carolina Square Holdings LP111,240 114,483 76,108 75,662 22,606 25,184 13,514 14,414 
HICO Victory Center LP15,835 16,045  — 15,835 15,353 10,541 10,373 
Charlotte Gateway Village, LLC  109,675  —  106,651  6,718 
Wildwood Associates  11,061  —  10,978  (521)(1)
Crawford Long - CPI, LLC 30,820 28,459 66,725 67,947 (37,483)(40,250)(17,877)(1)(19,205)(1)
Other6,952 8,879  — 6,760 7,318 4,021 4,113 
$592,529 $658,303 $214,514 $165,039 $250,143 $354,404 $111,937 $114,158 
 Total RevenuesNet Income (Loss)Company's Share of Income (Loss)
SUMMARY OF OPERATIONS:202020192020201920202019
Charlotte Gateway Village, LLC $6,692 $20,368 $3,352 $7,510 $1,674 $3,755 
DC Charlotte Plaza LLLP15,476 10,716 5,597 4,196 2,583 2,098 
Crawford Long - CPI, LLC 9,784 9,412 2,767 2,821 1,329 1,349 
Carolina Square Holdings LP10,792 8,757 1,936 191 950 
HICO Victory Center LP241 356 241 356 121 197 
Austin 300 Colorado Project, LP264 319 90 152 45 76 
Terminus Office Holdings LLC 34,964  4,962  2,381 
AMCO 120 WT Holdings, LLC1,564 (2,106)(81)(383)— 
Other228 132 125 (148)432 (82)
$45,041 $85,029 $12,002 $19,959 $6,751 $9,779 

(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 $44.6 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.