Investments in Unconsolidated Joint Ventures (Tables)

3 Months Ended

Mar. 31, 2019

Equity Method Investments and Joint Ventures [Abstract]

Summary of Financial Information for Joint Ventures

As of March 31, 2019 and December 31, 2018, our investments in unconsolidated joint ventures accounted for under the equity method of accounting presented in our condensed consolidated balance sheets consist of the following (in thousands):

Joint Venture	Metropolitan Area	% Ownership		March 31, 2019		December 31, 2018
Ascenty (1)	Brazil / Chile	51%	(2)	$	743,083	$	—
Chun Choi	Hong Kong	50%		96,988		96,094
Digital MC	Osaka / Tokyo	50%		77,845		66,835
Other				12,410		12,179
Total				$	930,326	$	175,108

(1) Our maximum exposure to loss related to this unconsolidated variable interest entity (VIE) is limited to our equity investment in this VIE.

(2) Includes an approximate 2% ownership interest by a non-controlling interest in our entity that holds the investment in the Ascenty joint venture, which has a carrying value of approximately $25.0 million.