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Investments in Unconsolidated Real Estate Ventures (Tables)
3 Months Ended
Mar. 31, 2022
Equity Method Investments And Joint Ventures [Abstract]  
Summary of Investments in Unconsolidated Real Estate Ventures

The Company's investments in unconsolidated real estate ventures is summarized as follows:

 

 

 

 

 

 

 

 

 

 

 

Carrying Value of
Investment

 

 

 

Location

 

Date Real Estate
Venture Acquired
Land

 

Real Estate
Venture Status

 

Equity
Ownership %

 

March 31,
2022

 

 

December 31,
2021

 

Toronto

 

Toronto, Ontario

 

April 2021

 

Under development

 

50%

 

$

3,807,346

 

 

$

3,750,217

 

Toronto II

 

Toronto, Ontario

 

December 2021

 

Under development

 

50%

 

 

6,147,971

 

 

 

5,882,143

 

 

 

 

 

 

 

 

 

 

 

$

9,955,317

 

 

$

9,632,360