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Unconsolidated Investments (Tables)
 6 Months Ended
Jun. 30, 2018
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Projects Accounted under Equity Method of Accounting
The Company's unconsolidated investments consist of the following for the periods presented below (in thousands):
 
 
 
 
 
Percentage of Ownership
 
June 30,
 
December 31,
 
June 30,
 
December 31,
 
2018
 
2017
 
2018
 
2017
South Kent
$
9,538

 
$
6,151

 
50.0
%
 
50.0
%
Grand
7,655

 
6,611

 
45.0
%
 
45.0
%
K2
94,894

 
103,328

 
33.3
%
 
33.3
%
Armow
123,479

 
132,890

 
50.0
%
 
50.0
%
Pattern Development 2.0
107,946


62,243

 
24.0
%

20.9
%
Unconsolidated investments
$
343,512

 
$
311,223

 
 
 
 
Schedule of Aggregate Operating Results of Unconsolidated Investments
The following table presents summarized statements of operations information for the three and six months ended June 30, 2018 and 2017 as required for the Company's significant equity method investees, South Kent, Grand, K2, Armow and Pattern Development 2.0 pursuant to Regulation S-X Rule 10-01(b)(1) (in thousands):
 
Three months ended June 30,
 
Six months ended June 30,
 
2018
 
2017(1)
 
2018
 
2017(1)
Revenue
$
70,156

 
$
82,744

 
$
179,689

 
$
183,103

Cost of revenue
29,829

 
28,149

 
60,166

 
57,738

Operating expenses
34,589

 
919

 
53,743

 
1,633

Other expense
18,833

 
15,135

 
39,684

 
37,976

Net income (loss)
$
(13,095
)
 
$
38,541

 
$
26,096

 
$
85,756


(1) 
Results for the three and six months ended June 30, 2017 do not include Pattern Development 2.0, which the Company invested in during July 2017.