Investments in Real Estate Entities (Tables)

3 Months Ended

Mar. 31, 2019

Equity Method Investments and Joint Ventures [Abstract]

Combined summary of the financial position of the entities accounted for using the equity method

The following is a combined summary of the financial position of the entities accounted for using the equity method discussed above as of the dates presented (dollars in thousands):

	3/31/2019		12/31/2018
	(unaudited)
Assets:
Real estate, net	$	1,386,041	$	1,420,039
Other assets	206,359		45,142
Total assets	$	1,592,400	$	1,465,181
Liabilities and partners' capital:
Mortgage notes payable, net and credit facility	$	835,889	$	837,311
Other liabilities	161,688		15,624
Partners' capital	594,824		612,246
Total liabilities and partners' capital	$	1,592,401	$	1,465,181

Combined summary of the operating results of the entities accounted for using the equity method

The following is a combined summary of the operating results of the entities accounted for using the equity method discussed above for the periods presented (dollars in thousands):

	For the three months ended
	3/31/2019			3/31/2018
	(unaudited)
Rental and other income	$	35,311		$	21,801
Operating and other expenses	(13,969		)	(8,305		)
Interest expense, net	(8,552		)	(5,618		)
Depreciation expense	(21,696		)	(5,880		)
Net (loss) income	$	(8,906	)	$	1,998