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Investment in Unconsolidated and Consolidated Joint Ventures (Tables)
 12 Months Ended
Dec. 31, 2015
Equity Method Investments and Joint Ventures [Abstract]  
Condensed statements of operations and balance sheet information of consolidated and unconsolidated joint ventures
Condensed balance sheet information of the Company’s unconsolidated and consolidated joint ventures as of December 31, 2015 and December 31, 2014 and condensed statements of operations for the twelve months ended December 31, 2015 and December 31, 2014 are as follows:
Statement of Operations for the twelve months ending December 31, 2015
 
UNCONSOLIDATED
 
 
 
CONSOLIDATED
($ in thousands)
Petro Travel
Plaza Holdings
 
Five West Parcel
 
18-19 West
LLC
 
TRCC/Rock Outlet Center (1)
 
Total
 
Centennial-VIE
Revenues
$
115,776

 
$
3,408

 
$
20

 
$
8,988

 
$
128,192

 
$
749

Net income (loss)
$
10,629

 
$
1,084

 
$
(108
)
 
$
(1,082
)
 
$
10,523

 
$
(140
)
Partner’s share of net income (loss)
$
4,252

 
$
542

 
$
(54
)
 
$
(541
)
 
$
4,199

 
$
(38
)
Equity in earnings (losses)
$
6,377

 
$
542

 
$
(54
)
 
$
(541
)
 
$
6,324

 
$
—

(1) Revenue for TRCC/Rock Outlet Center is comprised of $11.1 million in rental income less non-cash tenant allowance amortization of $2.1 million ($11.1 - $2.1 = $9.0). 
Balance Sheet Information as of December 31, 2015
 
UNCONSOLIDATED
 
 
 
CONSOLIDATED
($ in thousands)
Petro Travel
Plaza Holdings
 
Five West Parcel
 
18-19 West LLC
 
TRCC/Rock Outlet Center
 
Total
 
Centennial-VIE
Current assets
$
12,013

 
$
3,277

 
$
23

 
$
4,733

 
$
20,046

 
$
230

Property and equipment, net
52,296

 
13,704

 
4,617

 
64,842

 
135,459

 
81,742

Other assets
264

 
297

 
—

 
19,714

 
20,275

 
9

Long-term debt
(14,973
)
 
(10,725
)
 
—

 
(51,557
)
 
(77,255
)
 


Other liabilities
(2,890
)
 
(340
)
 
—

 
(841
)
 
(4,071
)
 
(754
)
Net assets
$
46,710

 
$
6,213

 
$
4,640

 
$
36,891

 
$
94,454

 
$
81,227

Statement of Operations for the twelve months ending December 31, 2014
 
 
UNCONSOLIDATED
 
CONSOLIDATED
($ in thousands)
 
Petro Travel
Plaza Holdings
 
Five West
Parcel
 
18-19
West
 
TRCC/Rock Outlet Center (1)
 
TMV LLC
 
Total
 
Centennial
Revenues
 
$
122,584

 
$
3,635

 
$
60

 
$
5,220

 
$
—

 
$
131,499

 
$
1,361

Net income (loss)
 
$
8,229

 
$
442

 
$
15

 
$
328

 
$
(70
)
 
$
8,944

 
$
415

Partner’s share of net income (loss)
 
$
3,291

 
$
221

 
$
8

 
$
164

 
$
(35
)
 
$
3,649

 
$
107

Equity in earnings (losses)
 
$
4,937

 
$
221

 
$
7

 
$
164

 
$
(35
)
 
$
5,294

 
$
—

(1) Revenue for TRCC/Rock Outlet Center is comprised of $5.9 million in rental income less non-cash tenant allowance amortization of $0.7 million ($5.9 - $0.7 = $5.2). 
Balance Sheet Information as of December 31, 2014
 
 
UNCONSOLIDATED
 
CONSOLIDATED
($ in thousands)
 
Petro Travel
Plaza Holdings
 
Five West
Parcel
 
18-19
West
 
TRCC/Rock Outlet Center
 
Total
 
Centennial
Current assets
 
$
18,960

 
$
3,834

 
$
5

 
$
2,302

 
$
25,101

 
$
651

Property and equipment, net
 
48,011

 
14,869

 
4,617

 
66,112

 
133,609

 
77,373

Other assets
 
181

 
67

 
—

 
19,624

 
19,872

 
—

Long-term debt
 
(15,808
)
 
(11,000
)
 
—

 
(45,449
)
 
(72,257
)
 
—

Other liabilities
 
(3,263
)
 
(440
)
 
(2
)
 
(4,616
)
 
(8,321
)
 
(158
)
Net assets
 
$
48,081

 
$
7,330

 
$
4,620

 
$
37,973

 
$
98,004

 
$
77,866