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Investment in Unconsolidated Joint Ventures (Tables)
3 Months Ended
Mar. 31, 2024
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 March 31, 2024 and December 31, 2023 ($ in thousands).
SUMMARY OF FINANCIAL POSITION
Total AssetsTotal DebtTotal Equity (Deficit)Company's Investment 
2024202320242023202420232024 2023 
Operating Properties:
AMCO 120 WT Holdings, LLC$80,995 $80,694 $ $— $79,227 $78,642 $14,407 $14,506 
Crawford Long - CPI, LLC (1)20,639 22,001 82,336 82,316 (63,638)(62,562)(31,250)(2)(31,066)(2)
Under Development:
Neuhoff Holdings LLC (3)508,992 477,780 238,956 219,780 245,300 226,303 136,020 124,543 
Land:
715 Ponce Holdings LLC9,349 9,325  — 9,323 9,324 4,783 4,782 
$619,975 $589,800 $321,292 $302,096 $270,212 $251,707 $123,960 $112,765 

(1) Crawford Long - CPI, LLC has a mortgage loan for the Medical Offices at Emory Hospital property. This $83.0 million interest-only mortgage loan has a fixed interest rate of 4.80% and matures in June 2032.
(2) Negative investment basis included in deferred income on the condensed consolidated balance sheets.
(3) Neuhoff Holdings LLC has a construction loan with a borrowing capacity up to $312.7 million, of which the Company's share is $156.4 million, that matures on September 30, 2025. The interest rate applicable to the construction loan is based on the Secured Overnight Financing Rate ("SOFR") plus 3.45% with a minimum rate of 3.60%. The Joint Venture has one option, subject to certain conditions, to extend the maturity date for an additional 12 months from the initial maturity date.

The information included in the summary of operations table is for the three months ended March 31, 2024 and 2023 ($ in thousands).
SUMMARY OF OPERATIONS
Total RevenuesNet Income (Loss)Company's Income
from Investment
202420232024202320242023
Operating Properties:
AMCO 120 WT Holdings, LLC$2,894 $2,701 $961 $780 $187 $155 
Crawford Long - CPI, LLC 3,267 3,079 674 994 304 462 
Under Development:
Neuhoff Holdings LLC113 24 (288)10 (142)
Land:
715 Ponce Holdings LLC27 67 (1)45 (1)23 
Sold:
Other 92  56  28 
$6,301 $5,963 $1,346 $1,885 $348 $673