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Investments in Unconsolidated Joint Ventures (Tables)
6 Months Ended
Jun. 30, 2018
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 June 30, 2018 and December 31, 2017 and for the six months ended June 30, 2018 and 2017 (in thousands):
 
 
As of June 30, 2018
 
Six Months Ended June 30, 2018
2018
Net Investment
in Properties
 
Total Assets
 
Debt
 
Total
Liabilities
 
Equity
 
Revenues
 
Property
Operating
Expense
 
Net
Operating
Income
 
Net Income
Total Unconsolidated Joint Ventures
$
1,038,172

 
$
1,338,870

 
$
717,024

 
$
830,944

 
$
507,926

 
$
105,759

 
$
(38,786
)
 
$
66,973

 
$
29,897

Our investment in and share of equity in earnings of unconsolidated joint ventures
 
 
 
 
 
 
 
 
$
167,306

 
 
 
 
 
 
 
$
14,848

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of December 31, 2017
 
Six Months Ended June 30, 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
$
1,061,950

 
$
1,375,006

 
$
712,690

 
$
869,879

 
$
505,127

 
$
71,072

 
$
(21,969
)
 
$
49,103

 
$
20,615

Our investment in and share of equity in earnings of unconsolidated joint ventures
 
 
 
 
 
 
 
 
$
163,477

 
 
 
 
 
 
 
$
13,712