Investment in Unconsolidated Joint Ventures (Tables)

3 Months Ended

Mar. 31, 2017

Equity Method Investments and Joint Ventures [Abstract]

Summary of Financial Information for Joint Ventures

The following tables present summarized financial information for our joint ventures as of March 31, 2017 and December 31, 2016 and for the three months ended March 31, 2017 and 2016 (unaudited, in thousands):

	As of March 31, 2017										Three Months Ended March 31, 2017
2017	Net Investment in Properties		Total Assets		Debt		Total Liabilities		Equity		Revenues		Property Operating Expense			Net Operating Income		Net Income
Total Unconsolidated Joint Ventures	$	736,735	$	925,439	$	456,870	$	546,389	$	379,050	$	35,062	$	(10,391	)	$	24,671	$	11,286
Our investment in and share of equity in earnings of unconsolidated joint ventures									$	112,856								$	5,324
	As of December 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	$	741,228	$	922,694	$	457,141	$	549,997	$	372,697	$	33,608	$	(10,583	)	$	23,025	$	9,000
Our investment in and share of equity in earnings of unconsolidated joint ventures									$	106,402								$	4,078