Investment in Unconsolidated Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2023

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Financial Data and Principal Activities of 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 December 31, 2023 and 2022 ($ in thousands).

SUMMARY OF FINANCIAL POSITION
	Total Assets				Total Debt				Total Equity (Deficit)				Company's Investment
	2023		2022		2023		2022		2023		2022		2023			2022
Operating Properties:
AMCO 120 WT Holdings, LLC	$	80,694	$	81,136	$	—	$	—	$	78,642	$	80,509	$	14,506		$	14,856
Crawford Long - CPI, LLC (1)	22,001		22,857		82,316		62,856		(62,562)		(39,691)		(31,066)		(2)	(19,173)		(2)
Under Development:
Neuhoff Holdings LLC (3)	477,780		321,338		219,780		115,940		226,303		177,734		124,543			93,647
Land:
715 Ponce Holdings LLC	9,325		8,333		—		—		9,324		8,332		4,782			4,261
Sold and Other:
HICO Victory Center LP	—		158		—		—		—		5,818		—			75
	$	589,800	$	433,822	$	302,096	$	178,796	$	251,707	$	232,702	$	112,765		$	93,666

(1)	In May 2023, Crawford Long - CPI, LLC refinanced the mortgage loan for the Medical Offices at Emory Hospital property.
(2)	These negative balances are included in deferred income on the consolidated balance sheets.
(3)	Neuhoff Holdings LLC has a construction loan with a borrowing capacity up to $312.7 million and an interest rate based on the Secured Overnight Financing Rate ("SOFR") plus 3.45%, with a minimum rate of 3.60%.

The information included in the summary of operations table is for the years ended December 31, 2023, 2022, and 2021 ($ in thousands).

SUMMARY OF OPERATIONS
	Total Revenues						Net Income (Loss)						Company's Income (Loss) from Investment
	2023		2022		2021		2023		2022		2021		2023		2022		2021
Operating Properties:
AMCO 120 WT Holdings, LLC	$	11,407	$	10,844	$	8,894	$	2,822	$	3,245	$	639	$	562	$	632	$	115
Crawford Long - CPI, LLC	13,097		13,298		13,118		3,692		4,530		4,032		1,709		2,117		1,869
Under Development:
Neuhoff Holdings LLC	214		140		51		(120)		94		51		(77)		47		25
Land:
715 Ponce Holdings LLC	268		287		84		177		183		55		88		91		27
Sold and Other:
Carolina Square Holdings LP	—		12,071		16,518		48		503		2,187		24		164		982
HICO Victory Center LP	—		92		232		(14)		6,735		232		(7)		4,546		125
Austin 300 Colorado Project, LP	—		33		8,747		—		17		2,012		—		8		972
DC Charlotte Plaza LLLP	—		(5)		15,217		—		(28)		5,491		—		(36)		2,539
Other	—		—		378		—		(1)		218		—		131		147
	$	24,986	$	36,760	$	63,239	$	6,605	$	15,278	$	14,917	$	2,299	$	7,700	$	6,801