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Unconsolidated Investments (Tables)
9 Months Ended
Sep. 30, 2019
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 millions):
 
 
 
 
 
Percentage of Ownership
 
September 30,
 
December 31,
 
September 30,
 
December 31,
 
2019
 
2018
 
2019
 
2018
Belle River
$
32

 
$

 
22
%
 
%
North Kent
22

 

 
35
%
 
%
South Kent (1)

 
5

 
50
%
 
50
%
Grand (2)

 
5

 
45
%
 
45
%
Armow
104

 
116

 
50
%
 
50
%
Pattern Development
123


144

 
29
%

29
%
Unconsolidated investments
$
281

 
$
270

 
 
 
 

(1) 
Refer to "Suspension of Equity Method Accounting" for details.
(2) 
As of September 30, 2019, our investment balance was less than $1 million.
Schedule of Aggregate Operating Results of Unconsolidated Investments
The following table presents summarized statements of operations information for the three and nine months ended September 30, 2019 and 2018 for the Company's equity method investees (in millions). Results for the three and nine months ended September 30, 2019 include Belle River and North Kent, which were acquired in August 2019.
 
Three months ended September 30,
 
Nine months ended September 30,
 
2019
 
2018
 
2019
 
2018
Revenue
$
47

 
$
65

 
$
208

 
$
245

Cost of revenue
30

 
29

 
98

 
89

Operating expenses
37

 
20

 
117

 
74

Other expense
23

 
18

 
73

 
58

Net income (loss)
$
(43
)
 
$
(2
)
 
$
(80
)
 
$
24