The following is a summary of the financial position of the Real Estate Ventures in which the Company held interests as of September 30, 2017 and December 31, 2016 (in thousands):

	September 30, 2017		December 31, 2016
Net property	$	1,329,601	$	1,483,067
Other assets		205,631		231,972
Other liabilities		109,041		129,486
Debt, net		910,842		989,738
Equity		515,349		595,815

Company’s share of equity (Company’s basis) (a)	$	236,313	$	281,331

(a)

This amount includes the effect of the basis difference between the Company's historical cost basis and the basis recorded at the Real Estate Venture level, which is typically amortized over the life of the related assets and liabilities. Basis differentials occur from the impairment of investments, purchases of third party interests in existing Real Estate Ventures and upon the transfer of assets that were previously owned by the Company into a Real Estate Venture. In addition, certain acquisition, transaction and other costs may not be reflected in the net assets at the Real Estate Venture level.

The following is a summary of results of operations of the Real Estate Ventures in which the Company held interests during the three- and nine-month periods ended September 30, 2017 and 2016 (in thousands):

	Three-month periods ended September 30,						Nine-month periods ended September 30,
	2017			2016			2017			2016
Revenue	$	56,511		$	57,710		$	169,609		$	157,641
Operating expenses		(27,419	)		(27,592	)		(77,757	)		(81,347	)
Provision for impairment		-			(10,476	)		-			(10,476	)
Interest expense, net		(11,670	)		(12,102	)		(33,771	)		(32,019	)
Depreciation and amortization		(20,684	)		(22,722	)		(61,816	)		(63,125	)
Net loss (a)	$	(3,262	)	$	(15,182	)	$	(3,735	)	$	(29,326	)

Equity in loss of Real Estate Ventures (b)	$	(5,723	)	$	(7,254	)	$	(5,387	)	$	(9,323	)

(a)	The nine-month period ended September 30, 2016 amount includes $7.1 million of acquisition deal costs related to the formation of the MAP Venture.

(b)	The three- and nine-month periods ended September 30, 2017 include a $4.8 million other than temporary impairment charge related to the BDN-AI Venture that was recorded during the three months ended September 30, 2017.