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Investment in Unconsolidated and Consolidated Joint Ventures (Tables)
12 Months Ended
Dec. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Condensed statements of operations and balance sheet information of consolidated and unconsolidated joint ventures
Condensed balance sheet information and statement of operations of the Company’s unconsolidated joint ventures are as follows:
Balance Sheet Information as of December 31:
 
Joint Venture
 
TRC
 
Assets
 
Borrowings
 
Equity
 
Investment In
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Petro Travel Plaza Holdings, LLC
$
67,435

 
$
68,652

 
$
(15,279
)
 
$
(15,275
)
 
$
49,705

 
$
51,287

 
$
17,422

 
$
18,372

Five West Parcel, LLC
15,738

 
16,614

 
(9,711
)
 
(10,251
)
 
5,972

 
6,043

 
2,802

 
2,837

18-19 West, LLC
4,704

 
4,623

 

 

 
4,704

 
4,621

 
1,782

 
1,741

TRCC/Rock Outlet Center, LLC
81,610

 
86,056

 
(48,769
)
 
(50,712
)
 
32,177

 
34,523

 
8,025

 
9,198

TRC-MRC 1, LLC
25,380

 
199

 
(19,433
)
 

 
4,541

 
199

 

 
224

TRC-MRC 2, LLC
20,336

 
23,965

 
(21,080
)
 
(21,080
)
 
(992
)
 
2,592

 

 
1,431

Total
$
215,203

 
$
200,109

 
$
(114,272
)
 
$
(97,318
)
 
$
96,107

 
$
99,265

 
$
30,031

 
$
33,803

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Centennial Founders, LLC
$
89,721

 
$
86,099

 
$

 
$

 
$
88,862

 
$
85,281

 
Consolidated
Condensed Statement of Operations Information as of December 31:
 
Joint Venture
 
TRC
 
Revenues
 
Earnings(Loss)
 
Equity in Earnings (Loss)
 
2017
 
2016
 
2015
 
2017
 
2016
 
2015
 
2017
 
2016
 
2015
Petro Travel Plaza Holdings, LLC
$
119,463

 
$
114,331

 
$
115,313

 
$
10,418

 
$
12,077

 
$
10,629

 
$
6,251

 
$
7,246

 
$
6,377

Five West Parcel, LLC
2,824

 
2,887

 
3,408

 
905

 
1,029

 
1,084

 
452

 
$
515

 
$
542

18-19 West, LLC
11

 
10

 
20

 
(97
)
 
(129
)
 
(108
)
 
(48
)
 
$
(65
)
 
$
(54
)
TRCC/Rock Outlet Center, LLC1
9,615

 
9,542

 
8,988

 
(2,347
)
 
(367
)
 
(1,082
)
 
(1,173
)
 
$
(184
)
 
$
(541
)
TRC-MRC 1, LLC

 

 

 
(3
)
 

 

 
(2
)
 
$

 
$

TRC-MRC 2, LLC2
3,655

 
1,178

 

 
(2,505
)
 
(828
)
 

 
(1,253
)
 
(414
)
 

 
$
135,568

 
$
127,948

 
$
127,729

 
$
6,371

 
$
11,782

 
$
10,523

 
$
4,227

 
$
7,098

 
$
6,324

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Centennial Founders, LLC
$
456

 
$
520

 
$
749

 
$
(144
)
 
$
(246
)
 
$
(140
)
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1) Revenues for TRCC/Rock Outlet Center are presented net of non-cash tenant allowance amortization of $1.8 million, $1.9 million, and $2.1 million as of December 31, 2017, 2016, and 2015, respectively.
(2)Earnings for TRC-MRC 2, LLC include non-cash amortization of purchase accounting adjustments related to in-place leases of $4.0 million and $1.2 million as of December 31, 2017 and 2016, respectively, that will be amortized over the remaining lease period.