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Investments In Joint Ventures (Aggregate Balance Sheet And Statement Of Income Data For Unconsolidated Joint Ventures) (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Schedule of Equity Method Investments [Line Items]        
Total assets   $ 685,000 $ 695,200  
Total third party debt   496,900 510,700  
Total equity   153,400 158,400  
Total revenues   131,700 127,400 $ 121,900
Gain On Sale Of Joint Venture Operating Property Net Of Tax   19,800 [1] 0 0
Net income   37,500 16,400 13,500 [2]
Equity in income of joint ventures $ 7,800 $ 14,783 [3],[4] $ 7,836 [3] $ 6,822 [3],[4]
[1]
In December 2019, one of the funds sold one operating property comprised of 270 apartment homes for approximately $38.5 million.
[2]
Net income for the year ended December 31, 2017 includes approximately $1.3 million of property expense relating to Hurricanes Harvey and Irma in the third quarter of 2017.
[3]
Equity in income excludes our ownership interest of fee income from various services provided by us to the Funds.
[4]
Equity in income for the year ended December 31, 2019 includes our ownership interest of the gain on sale of the operating property of approximately $6.2 million. Equity in income for the year ended December 31, 2017 includes our ownership interest of the hurricane related insurance recoveries and expenses of approximately $0.4 million.