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Investments in Real Estate Entities (Tables)
 12 Months Ended
Dec. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Combined summary of the financial position of the entities accounted for using the equity method
The following is a combined summary of the financial position of the entities accounted for using the equity method discussed above and presented on the accompanying Consolidated Balance Sheets as of the dates presented, including development joint ventures started and unconsolidated communities sold during the respective periods (dollars in thousands):
 12/31/2012/31/19
Assets:  
Real estate, net$1,249,730 $1,204,470 
Other assets 255,606 196,488 
Total assets$1,505,336 $1,400,958 
Liabilities and partners' capital:  
Mortgage notes payable, net (1)$751,257 $782,257 
Other liabilities163,808 157,379 
Partners' capital590,271 461,322 
Total liabilities and partners' capital$1,505,336 $1,400,958 
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(1)    The Company has not guaranteed the outstanding debt, nor does the Company have any obligation to fund this debt should the unconsolidated entity be unable to do so.
Combined summary of the operating results of the entities accounted for using the equity method
The following is a combined summary of the operating results of the entities accounted for using the equity method discussed above and presented on the accompanying Consolidated Statements of Comprehensive Income, for the years presented (dollars in thousands):
 For the year ended
 12/31/2012/31/19 (1)12/31/18 (2)
Rental and other income$118,474 $144,431 $92,533 
Operating and other expenses(49,509)(55,732)(35,840)
Gain on sale of communities18,450 21,748 54,202 
Interest expense, net (31,982)(33,896)(22,500)
Depreciation expense(34,606)(58,387)(26,706)
Net income$20,827 $18,164 $61,689 
Company's share of net income (3)$8,538 $10,779 $17,519 
Amortization of excess investment and other(2,116)(2,127)(2,249)
Equity in income from unconsolidated real estate investments$6,422 $8,652 $15,270 
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(1)    Amounts include results from AVA North Point through the date the Company acquired its venture partner's 45.0% equity interest.
(2)    Amounts include results from the NYC Joint Venture from the date the venture was formed.
(3)    Includes the Company's share of gain on sale of communities and income recognized for its promoted interest.