Investments in Unconsolidated Entities (Tables)

9 Months Ended

Sep. 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):

	September 30, 2020
Total assets	$	4,614,202
Total liabilities		(3,001,555	)
Total equity of BREIT MGP JV		1,612,647
MGP's share		807,936
BREIT's share		804,711
BREIT outside basis		9,423
BREIT net investment in BREIT MGP JV	$	814,134

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 September 30, 2020			Nine Months Ended September 30, 2020
Total revenue	$	98,682		$	247,800
Net income of BREIT MGP JV		50,320			127,799
MGP's share		25,210			64,027
BREIT's share		25,110			63,772
Amortization of BREIT outside basis		(37	)		(94	)
BREIT net income from BREIT MGP JV	$	25,073		$	63,678