Investment in Unconsolidated Joint Ventures (Tables)

3 Months Ended

Mar. 31, 2016

Equity Method Investments and Joint Ventures [Abstract]

Summary of Financial Information for Joint Ventures

The following tables present summarized financial information for our material joint ventures as of March 31, 2016 and December 31, 2015 and for the three months ended March 31, 2016 and 2015 (unaudited, in thousands):

	As of March 31, 2016										Three Months Ended March 31, 2016
2016	Net Investment in Properties		Total Assets		Debt		Total Liabilities		Equity		Revenues		Property Operating Expense			Net Operating Income		Net Income
Total Unconsolidated Joint Ventures	$	752,641	$	929,309	$	459,622	$	556,685	$	372,624	$	33,080	$	(9,652	)	$	23,428	$	9,618
Our investment in and share of equity in earnings of unconsolidated joint ventures									$	106,008								$	4,078
	As of December 31, 2015										Three Months Ended March 31, 2015
2015	Net Investment in Properties		Total Assets		Debt		Total Liabilities		Equity		Revenues		Property Operating Expense			Net Operating Income		Net Income
Total Unconsolidated Joint Ventures	$	758,582	$	935,990	$	460,023	$	558,310	$	377,679	$	31,850	$	(8,175	)	$	23,675	$	10,026
Our investment in and share of equity in earnings of unconsolidated joint ventures									$	106,107								$	4,618