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Investments in and Advances to Unconsolidated Joint Ventures (Tables)
12 Months Ended
Dec. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Company owned interests in entities, accounted under equity method (dollars in thousands)
The Company owns interests in the following entities that are accounted for under the equity method (dollars in thousands):
 
 
 
 
Carrying Amount
 
 
 
 
December 31,
Entity(1)
 
Ownership %
 
2017
 
2016
CCRC JV
 
49
 
$
400,241

 
$
439,449

RIDEA II
 
40
 
259,651

 

Life Science JVs(2)
 
50 - 63
 
65,581

 
67,879

MBK JV
 
50
 
38,005

 
38,909

Development JVs(3)
 
50 - 90
 
23,365

 
10,459

Medical Office JVs(4)
 
20 - 67
 
12,488

 
13,438

K&Y JVs(5)
 
80
 
1,283

 
1,342

Advances to unconsolidated joint ventures, net
 

 
226

 
15

 
 
 
 
$
800,840

 
$
571,491

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(1)
These entities are not consolidated because the Company does not control, through voting rights or other means, the JV.
(2)
Includes the following unconsolidated partnerships (and the Company’s ownership percentage): (i) Torrey Pines Science Center, LP (50% ); (ii) Britannia Biotech Gateway, LP (55%); and (iii) LASDK, LP (63%).
(3)
Includes four unconsolidated development partnerships (and the Company’s ownership percentage): (i) Vintage Park Development JV (85%); (ii) Waldwick JV (85%); (iii) Otay Ranch JV (90%); and (iv) MBK Development JV (50%).
(4)
Includes three unconsolidated medical office partnerships (and the Company’s ownership percentage): HCP Ventures IV, LLC (20%); HCP Ventures III, LLC (30%); and Suburban Properties, LLC (67%).
(5)
Includes three unconsolidated joint ventures.