Organization, Basis of Presentation and Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Operating Partnership's Equity Interest

The following table summarizes the general terms and Operating Partnership’s equity interests in the Funds and Mervyns II (dollars in millions):

Entity	Formation Date	Operating Partnership Share of Capital			Capital Called as of September 30, 2021 (b)		Unfunded Commitment (b, c)		Equity Interest Held By Operating Partnership (a)			Preferred Return			Total Distributions as of September 30, 2021 (b, c)
Fund II and Mervyns II (c)	6/2004		28.33	%	$	376.6	$	8.7		28.33	%		8	%	$	169.8
Fund III	5/2007		24.54	%		448.1		1.9		24.54	%		6	%		576.0
Fund IV	5/2012		23.12	%		488.1		41.9		23.12	%		6	%		193.1
Fund V (d)	8/2016		20.10	%		226.2		293.8		20.10	%		6	%		42.8

(a)Amount represents the current economic ownership at September 30, 2021, which could differ from the stated legal ownership based upon the cumulative preferred returns of the respective Fund.

(b)Represents the total for the Funds, including the Operating Partnership and noncontrolling interests’ shares.

(c)During August 2020, a recallable distribution of $15.7 million was made by Mervyn’s II to its investors, of which $4.5 million was the Company’s share. During the nine months ended September 30, 2021, Mervyn’s II recalled $7.0 million of the $15.7 million of which the Company's share was $2.0 million.

(d)As of April 8, 2021, Fund V's investment period was extended to August 25, 2022.