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Investment in Unconsolidated and Consolidated Joint Ventures (Tables)
 6 Months Ended
Jun. 30, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Condensed statements of operations and balance sheet information of consolidated and unconsolidated joint ventures
Unaudited condensed statement of operations for the three and six months ended June 30, 2019 and condensed balance sheet information of the Company’s unconsolidated joint ventures as of June 30, 2019 and December 31, 2018 are as follows:
 
Three Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
Joint Venture
 
TRC
($ in thousands)
Revenues
 
Earnings(Loss)
 
Equity in Earnings(Loss)
Petro Travel Plaza Holdings, LLC
$
31,394

 
$
30,384

 
$
3,923

 
$
1,957

 
$
2,354

 
$
1,174

Five West Parcel, LLC
736

 
698

 
240

 
226

 
120

 
112

18-19 West, LLC
4

 
3

 
(26
)
 
(26
)
 
(13
)
 
(13
)
TRCC/Rock Outlet Center, LLC1
1,313

 
2,032

 
(1,334
)
 
(1,259
)
 
(667
)
 
(629
)
TRC-MRC 1, LLC
766

 
139

 
26

 
(101
)
 
13

 
(50
)
TRC-MRC 2, LLC
996

 
979

 
328

 
115

 
164

 
58

Total
$
35,209

 
$
34,235

 
$
3,157

 
$
912

 
$
1,971

 
$
652

 
 
 
 
 
 
 
 
 
 
 
 
Centennial Founders, LLC
$
114

 
$
(76
)
 
$
28

 
$
(194
)
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
(1) Revenues for TRCC/Rock Outlet Center are presented net of non-cash tenant allowance amortization of $0.4 million as of June 30, 2019 and 2018.
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
Joint Venture
 
TRC
($ in thousands)
Revenues
 
Earnings(Loss)
 
Equity in Earnings(Loss)
Petro Travel Plaza Holdings, LLC
$
56,800

 
$
55,061

 
$
5,793

 
$
2,844

 
$
3,476

 
$
1,706

Five West Parcel, LLC
1,420

 
1,395

 
411

 
417

 
206

 
208

18-19 West, LLC
7

 
6

 
(54
)
 
(53
)
 
(27
)
 
(26
)
TRCC/Rock Outlet Center, LLC1
3,211

 
3,507

 
(2,119
)
 
(2,354
)
 
(1,060
)
 
(1,177
)
TRC-MRC 1, LLC
1,502

 
139

 
21

 
(102
)
 
11

 
(51
)
TRC-MRC 2, LLC
1,980

 
1,957

 
482

 
317

 
241

 
159

Total
$
64,920

 
$
62,065

 
$
4,534

 
$
1,069

 
$
2,847

 
$
819

 
 
 
 
 
 
 
 
 
 
 
 
Centennial Founders, LLC
$
236

 
$
11

 
$
92

 
$
(212
)
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
(1) Revenues for TRCC/Rock Outlet Center are presented net of non-cash tenant allowance amortization of $0.9 million and $0.8 million as of June 30, 2019 and 2018, respectively.

 
June 30, 2019
 
December 31, 2018
 
Joint Venture
TRC
 
Joint Venture
TRC
($ in thousands)
Assets
Debt
Equity
Equity
 
Assets
Debt
Equity
Equity
Petro Travel Plaza Holdings, LLC
$
74,642

$
(15,285
)
$
57,170

$
21,902

 
$
69,096

$
(15,283
)
$
51,377

$
18,426

Five West Parcel, LLC
15,083

(8,903
)
6,162

2,896

 
15,157

(9,173
)
5,751

2,691

18-19 West, LLC
4,660

—

4,652

1,756

 
4,654

—

4,654

1,783

TRCC/Rock Outlet Center, LLC
72,146

(45,855
)
25,412

4,643

 
75,194

(46,826
)
27,531

5,702

TRC-MRC 1, LLC
29,322

(24,811
)
4,024

—

 
29,692

(25,030
)
4,018

—

TRC-MRC 2, LLC
20,007

(24,738
)
(7,242
)
—

 
20,362

(25,014
)
(5,763
)
—

TRC-MRC 3, LLC
23,607

(14,588
)
6,054

5,954

 
—

—

—

—

Total
$
239,467

$
(134,180
)
$
96,232

$
37,151

 
$
214,155

$
(121,326
)
$
87,568

$
28,602

 
 
 
 
 
 
 
 
 
 
Centennial Founders, LLC
$
95,115

$
—

$
94,779

***

 
$
93,840

$
—

$
93,188

***

 
 
 
 
 
 
 
 
 
 
*** Centennial Founders, LLC is consolidated within the Company's financial statements.