Investments in Unconsolidated Entities (Tables)

6 Months Ended

Jun. 30, 2020

Equity Method Investments And Joint Ventures [Abstract]

Summarized Financial Information of BREIT MGP JV with Reconciliation to Unconsolidated Entities

The following table provides a summarized balance sheet of the BREIT MGP JV along with a reconciliation to the Company’s equity investment in unconsolidated entities ($ in thousands):

	June 30, 2020
Total assets	$	4,609,419
Total liabilities		(3,001,469	)
Total equity of BREIT MGP JV		1,607,950
MGP's share		805,583
BREIT's share		802,367
BREIT outside basis		9,460
BREIT net investment in BREIT MGP JV	$	811,827

The following table provides summarized operating data of the BREIT MGP JV along with a reconciliation to the Company’s income from unconsolidated entities ($ in thousands):

	Three Months Ended June 30, 2020			Six Months Ended June 30, 2020
Total revenue	$	98,681		$	149,118
Net income of BREIT MGP JV		50,847			77,479
MGP's share		25,474			38,817
BREIT's share		25,373			38,662
Amortization of BREIT outside basis		(37	)		(57	)
BREIT net income from BREIT MGP JV	$	25,336		$	38,605