Real Estate Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2015

Equity Method Investments and Joint Ventures [Abstract]

Schedule of information related to investments in consolidated real estate joint ventures

The table below sets forth information pertaining to our investments in consolidated real estate joint ventures as of December 31, 2015 (dollars in thousands):

		Nominal
		Ownership		December 31, 2015				(1)
	Date	% as of		Total		Encumbered		Total
	Acquired	12/31/2015	Nature of Activity	Assets		Assets		Liabilities
LW Redstone Company, LLC	3/23/2010	85%	Development and operation of real estate (2)	$	147,612	$	82,721	$	54,022
M Square Associates, LLC	6/26/2007	50%	Development and operation of real estate (3)	56,455		48,245		37,568
Stevens Investors, LLC	8/11/2015	95%	Development of real estate (4)	5,284		—		393
				$	209,351	$	130,966	$	91,983

(1) Excludes amounts eliminated in consolidation.

(2) This joint venture’s property is in Huntsville, Alabama.

(3) This joint venture’s properties are in College Park, Maryland.

(4) This joint venture’s property is in Washington, DC.