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Investment in Unconsolidated Joint Ventures
 3 Months Ended
Mar. 31, 2022
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 March 31, 2022 and December 31, 2021 (in thousands).
SUMMARY OF FINANCIAL POSITION
Total AssetsTotal DebtTotal Equity (Deficit)Company's Investment 
2022202120222021202220212022 2021 
Operating Properties:
AMCO 120 WT Holdings, LLC$83,700 $83,546 $— $— $82,422 $82,739 $15,242 $15,347 
Carolina Square Holdings LP111,458 113,011 132,442 132,654 (34,021)(34,066)(16,434)(1)(15,786)(1)
Crawford Long - CPI, LLC 25,042 24,709 64,180 64,566 (40,105)(40,221)(19,318)(1)(19,356)(1)
Under Development:
Neuhoff Holdings LLC177,527 133,691 28,804 28,390 123,228 93,218 63,181 47,529 
Land:
715 Ponce Holdings LLC8,199 8,150 — — 8,186 8,150 4,188 4,165 
HICO Victory Center LP16,100 16,421 — — 15,981 15,962 10,729 10,723 
Other:
Other— 518 — — — 11 (33)47 
$422,026 $380,046 $225,426 $225,610 $155,691 $125,793 $57,555 $42,669 
(1) Negative bases are included in deferred income on the consolidated balance sheets.

The information included in the summary of operations table is for the three months ended March 31, 2022 and 2021 (in thousands).
SUMMARY OF OPERATIONS
Total RevenuesNet Income (Loss)Company's Income (Loss)
from Investment
202220212022202120222021
Operating Properties:
AMCO 120 WT Holdings, LLC$2,565 $1,607 $692 $(135)$134 $(21)
Carolina Square Holdings LP4,089 3,977 724 1,088 334 520 
Crawford Long - CPI, LLC 3,178 3,117 1,116 973 523 444 
Under Development:
Neuhoff Holdings LLC25 — 21 — 10 — 
Land:
715 Ponce Holdings LLC55 — 36 — 18 — 
HICO Victory Center LP19 83 19 83 6 42 
Other:
Other (2)6,731 (41)1,984 99 918 
$9,929 $15,515 $2,567 $3,993 $1,124 $1,903 

In March 2021, Carolina Square Holdings LP ("Carolina Square"), a 50% owned joint venture with NR 123 Franklin LLC ("Northwood Ravin"), issued a non-recourse mortgage note with a principal balance of $135.7 million. Proceeds from the issuance of this mortgage note were used to repay in full its $77.5 million construction loan that was set to mature May 1, 2021 and to make a pro-rata distribution of $26.0 million to each partner. The mortgage loan bears interest at the London Interbank Offered Rate ("LIBOR") plus 1.80% and matures on March 18, 2026.