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Investment in Unconsolidated Joint Ventures (Tables)
9 Months Ended
Sep. 30, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Components of Investment In Unconsolidated Entities [Table Text Block]
The following table summarizes the components of the Company's investments in unconsolidated joint ventures (in thousands):
 
September 30, 2019
 
December 31, 2018
Equity basis of the joint venture investments
$
(3,453
)
 
$
117

Cost of the joint venture investments in excess of the joint venture book value
19,687

 
22,162

Investment in unconsolidated joint ventures
$
16,234

 
$
22,279



Schedule of Components of Equity In Income (Loss) from Unconsolidated Entities [Table Text Block]
The following table summarizes the components of the Company's equity in (loss) income from unconsolidated joint ventures (in thousands):
 
For the three months ended September 30,
 
For the nine months ended September 30,
 
2019
 
2018
 
2019
 
2018
Operating income
$
145

 
$
587

 
$
989

 
$
1,739

Depreciation of cost in excess of book value
(280
)
 
(368
)
 
(985
)
 
(1,102
)
Loss on sale

 

 
(2,923
)
 

Equity in (loss) income from unconsolidated joint ventures
$
(135
)
 
$
219

 
$
(2,919
)
 
$
637