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 December 31, 2020 and 2019 (in thousands). The information included in the summary of operations table is for the years ended December 31, 2020, 2019, and 2018 (in thousands).


	Total Assets				Total Debt				Total Equity (Deficit)				Company's Investment
SUMMARY OF FINANCIAL POSITION	2020		2019		2020		2019		2020		2019		2020			2019
DC Charlotte Plaza LLLP	$	173,704	$	179,694	$	—	$	—	$	90,648	$	90,373	$	47,941		$	48,058
Austin 300 Colorado Project, LP	165,586		112,630		86,848		21,430		68,567		68,101		38,488			36,846
AMCO 120 WT Holdings, LLC	85,449		77,377		—		—		84,311		70,696		15,735			13,362
Carolina Square Holdings LP	118,616		114,483		77,034		75,662		21,888		25,184		12,430			14,414
HICO Victory Center LP	16,544		16,045		—		—		15,709		15,353		10,595			10,373
Charlotte Gateway Village, LLC	—		109,675		—		—		—		106,651		—			6,718






Wildwood Associates	—		11,061		—		—		—		10,978		—			(521)		(1)
Crawford Long - CPI, LLC	29,641		28,459		66,423		67,947		(38,253)		(40,250)		(18,289)		(1)	(19,205)		(1)
Other	1,313		8,879		—		—		1,316		7,318		292			4,113
	$	590,853	$	658,303	$	230,305	$	165,039	$	244,186	$	354,404	$	107,192		$	114,158


	Total Revenues						Net Income (Loss)						Company's Share of Net Income (Loss)
SUMMARY OF OPERATIONS	2020		2019		2018		2020		2019		2018		2020		2019		2018
DC Charlotte Plaza LLLP	$	20,439	$	15,636	$	—	$	7,272	$	5,894	$	—	$	3,380	$	2,947	$	(1)
Austin 300 Colorado Project, LP	841		422		487		466		199		220		233		100		110
AMCO 120 WT Holdings, LLC	3,000		40		—		2,740		(341)		38		(552)		(68)		—
Carolina Square Holdings LP	14,581		12,344		10,686		3,061		470		(169)		1,472		133		(275)
HICO Victory Center LP	356		513		400		356		513		400		178		276		219
Charlotte Gateway Village, LLC	6,692		27,708		26,932		3,202		10,285		10,285		1,658		5,143		5,143
Wildwood Associates	—		—		—		(9)		(100)		(1,140)		14		(50)		2,723




Crawford Long - CPI, LLC	12,650		12,664		12,383		3,797		3,897		3,446		1,808		1,866		1,641

Terminus Office Holdings LLC	—		34,964		44,429		—		4,962		5,506		(23)		2,381		2,755
Other	4,300		180		198		524		(94)		(3,234)		(221)		(62)		(91)
	$	62,859	$	104,471	$	95,515	$	21,409	$	25,685	$	15,352	$	7,947	$	12,666	$	12,224

DC Charlotte Plaza LLLP ("Charlotte Plaza") – Charlotte Plaza is a 50-50 joint venture between the Company and Dimensional Fund Advisors ("DFA"), formed to develop, own, and operate DFA's 281,000 square foot regional headquarters building in Charlotte, North Carolina. Capital contributions and distributions of cash flow are made equally in accordance with each partner's partnership interest. The Company's required capital contribution is limited to a maximum of $46 million. The assets of the venture in the above table include a cash balance of $3.0 million at December 31, 2020.

Austin 300 Colorado Project, LP ("300 Colorado") – 300 Colorado is a joint venture between the Company, 3C Block 28 Partners, LP ("3CB"), and 3C RR Xylem, LP ("3CRR"), formed for the purpose of developing a 358,000 square foot office building in Austin, Texas. The Company owns a 50% interest in the venture, 3CB owns a 34.5% interest, and 3CRR owns a 15.5% interest. 300 Colorado has a construction loan, secured by the project, whereby it may borrow up to $126 million to fund the construction of the building. The loan had an outstanding balance of $86.8 million at December 31, 2020. The loan bears interest at LIBOR plus 2.25% and matures on January 17, 2022. The assets of the venture in the above table include a cash balance of $2.9 million at December 31, 2020.

Carolina Square Holdings LP ("Carolina Square") – Carolina Square is a 50-50 joint venture between the Company and NR 123 Franklin LLC ("Northwood Ravin"), which owns and operates a mixed-use property in Chapel Hill, North Carolina. This property contains 158,000 square feet of office space, 44,000 square feet of retail space, and 246 apartment units. Carolina Square has a construction loan, secured by the project, with an outstanding balance of $77.0 million. The loan bears interest at LIBOR plus 1.25% and matures on May 1, 2021. The Company and Northwood Ravin each guarantee 12.5% of the outstanding loan amount and guarantee completion of the project. The assets of the venture in the table above include a cash balance of $4.8 million at December 31, 2020.

AMCO 120 WT Holdings, LLC ("AMCO") – AMCO is a joint venture between the Company, with a 20% interest, and affiliates of AMLI Residential (“AMLI”), with an 80% interest, formed to develop, own, and operate 120 West Trinity, a mixed-use property in Decatur, Georgia. The property contains 33,000 square feet of office space, 19,000 square feet of retail space, and 330 apartment units. Initial contributions to the joint venture for the purchase of land were funded entirely by AMLI. Subsequent contributions are funded in proportion to the members' percentage interests. The assets of the venture in the above table include a cash balance of $572,000 at December 31, 2020.

HICO Victory Center LP ("HICO") – HICO is a joint venture between the Company and Hines Victory Center Associates Limited Partnership ("Hines Victory"), formed for the purpose of acquiring and subsequently developing an office parcel in Dallas, Texas. Pursuant to the joint venture agreement, all pre-development expenditures, other than land, are funded equally by the partners. The Company funded 75% of the cost of land while Hines Victory funded 25%. If the partners decide to commence construction of an office building, the capital accounts and economics of the venture will be adjusted such that the Company will own at least 90% of the venture and Hines will own up to 10%. As of December 31, 2020, the Company accounted for its investment in HICO under the equity method because it does not control the activities of the venture. If the partners decide to construct an office building within the venture, the Company expects to consolidate the venture. The assets of the venture in the table above include a cash balance of $697,000 at December 31, 2020.

Charlotte Gateway Village, LLC ("Gateway") – Gateway was a 50-50 joint venture between the Company and Bank of America Corporation (“BOA”), which owned and operated Gateway Village, a 1.1 million square foot office building in Charlotte, North Carolina. On March 31, 2020 the Company sold its interest in Gateway 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 included in gain on sales of investments in unconsolidated joint ventures, net of $227,000 of state income tax.

Crawford Long—CPI, LLC ("Crawford Long") – Crawford Long is a 50-50 joint venture between the Company and Emory University that owns Emory University Hospital Midtown, a 358,000 square foot medical office building located in Atlanta, Georgia. Crawford Long has a $66.4 million, 3.5% fixed rate mortgage note which matures on June 1, 2023. The assets of the venture in the above table include a cash balance of $5.1 million at December 31, 2020.

Terminus Office Holdings LLC ("TOH") – TOH was a 50-50 joint venture between the Company and institutional investors advised by J.P. Morgan Asset Management ("JPM"), which owned and operated two office buildings in Atlanta, Georgia. On October 1, 2019 the Company purchased JPM's 50% interest in TOH for $148 million in a transaction that valued Terminus 100 and Terminus 200 at $503 million. As a result, the Company consolidated TOH and recorded the assets and liabilities at fair value. Upon consolidation, the Company recognized a $92.8 million gain on this acquisition achieved in stages and recorded this amount in gain on investment property transactions.

Wildwood Associates ("Wildwood") – Wildwood was a 50-50 joint venture between the Company and IBM which owned 6.3 acres of undeveloped land in the Wildwood Office Park in Atlanta, Georgia. In February 2020 the Company sold its remaining interest in the Wildwood Associates joint venture 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 and which is included in gain on sales of investments in unconsolidated joint ventures.

TEMCO Associates, LLC ("Temco") was a 50-50 joint venture between the Company and Forestar Group, Inc., that owned a golf course in Georgia. In December 2020, the Company sold its remaining interest in Temco, to its venture partner for a gross purchase price of $786,000 and recognized a loss of $145,000 on the sale, included in gain on sales of investments in unconsolidated joint ventures..

CL Realty, LLC ("CL Realty") was a 50-50 joint venture between the Company and Forestar Group, Inc., that owned land near Padre Island in Texas. In December 2020, CL Realty sold the land to a third party. The Company's share of net proceeds was $2.2 million and share of loss on the sale, included in income from unconsolidated joint ventures, was $598,000.

At December 31, 2020, the Company's unconsolidated joint ventures had aggregate outstanding indebtedness to third parties of $230.3 million. These loans are mortgage or construction loans, most of which are non-recourse to the Company, except as described above. In addition, in certain instances, the Company provides “non-recourse carve-out guarantees” on these non-recourse loans.

The Company recognized $2.6 million, $7.1 million, and $9.3 million of development, leasing, and management fees, including salary and expense reimbursements, from unconsolidated joint ventures in 2020, 2019, and 2018, respectively.