Investments in Unconsolidated Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2015

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Financial Information for Unconsolidated Joint Ventures

The following tables summarize financial information for our unconsolidated joint ventures (in thousands):

	For the year ended December 31,
	2015			2014
Revenues:
Rental	$	11,915		$	14,383
Other	2,997			3,035
Total revenues	14,912			17,418
Expenses:
Rental operating	10,701			11,620
Depreciation and amortization	4,242			4,602
Interest	3,946			5,657
Other	10			—
Total expenses	18,899			21,879
Loss before gain (loss) on sale of properties and gain on extinguishment of debt	(3,987		)	(4,461		)
Gain (loss) on sale of properties	13,764			(3,340		)
Gain on extinguishment of debt	—			3,320
Net income (loss)	$	9,777		$	(4,481	)
Equity in net earnings (loss) of unconsolidated joint ventures	$	497		$	(1,147	)

	December 31, 2015		December 31, 2014
Investment in real estate, net	$	56,321	$	77,655
Other assets	9,938		18,021
Total assets	$	66,259	$	95,676
Mortgage and other loans	$	45,575	$	66,152
Other liabilities	2,416		3,738
Total liabilities	$	47,991	$	69,890
Investment in unconsolidated joint ventures	$	913	$	1,281