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Investment in Unconsolidated and Consolidated Joint Ventures (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2019 and condensed balance sheet information of the Company’s unconsolidated joint ventures as of September 30, 2019 and December 31, 2018 are as follows:
 
Three Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
Joint Venture
 
TRC
($ in thousands)
Revenues
 
Earnings(Loss)
 
Equity in Earnings(Loss)
Petro Travel Plaza Holdings, LLC
$
31,215

 
$
33,260

 
$
3,741

 
$
3,531

 
$
2,244

 
$
2,119

Five West Parcel, LLC
780

 
662

 
321

 
180

 
160

 
90

18-19 West, LLC
5

 
4

 
(26
)
 
(24
)
 
(13
)
 
(12
)
TRCC/Rock Outlet Center, LLC1
1,667

 
1,455

 
(730
)
 
(958
)
 
(364
)
 
(479
)
TRC-MRC 1, LLC
781

 
417

 
30

 
(324
)
 
14

 
(162
)
TRC-MRC 2, LLC
1,008

 
1,044

 
317

 
74

 
158

 
36

Total
$
35,456

 
$
36,842

 
$
3,653

 
$
2,479

 
$
2,199

 
$
1,592

 
 
 
 
 
 
 
 
 
 
 
 
Centennial Founders, LLC
$
97

 
$
199

 
$
(128
)
 
$
(12
)
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
(1) Revenues for TRCC/Rock Outlet Center are presented net of non-cash tenant allowance amortization of $0.4 million as of September 30, 2019 and 2018.
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
Joint Venture
 
TRC
($ in thousands)
Revenues
 
Earnings(Loss)
 
Equity in Earnings(Loss)
Petro Travel Plaza Holdings, LLC
$
88,015

 
$
88,321

 
$
9,534

 
$
6,375

 
$
5,720

 
$
3,825

Five West Parcel, LLC
2,200

 
2,057

 
732

 
597

 
366

 
298

18-19 West, LLC
12

 
10

 
(80
)
 
(77
)
 
(40
)
 
(38
)
TRCC/Rock Outlet Center, LLC1
4,878

 
4,962

 
(2,849
)
 
(3,312
)
 
(1,424
)
 
(1,656
)
TRC-MRC 1, LLC
2,283

 
556

 
51

 
(426
)
 
25

 
(213
)
TRC-MRC 2, LLC
2,988

 
3,001

 
799

 
391

 
399

 
195

Total
$
100,376

 
$
98,907

 
$
8,187

 
$
3,548

 
$
5,046

 
$
2,411

 
 
 
 
 
 
 
 
 
 
 
 
Centennial Founders, LLC
$
333

 
$
210

 
$
(36
)
 
$
(224
)
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
(1) Revenues for TRCC/Rock Outlet Center are presented net of non-cash tenant allowance amortization of $1.3 million and $1.2 million as of September 30, 2019 and 2018, respectively.

 
September 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
$
78,570

$
(15,286
)
$
60,909

$
24,145

 
$
69,096

$
(15,283
)
$
51,377

$
18,426

Five West Parcel, LLC
15,651

(8,769
)
6,482

3,057

 
15,157

(9,173
)
5,751

2,691

18-19 West, LLC
4,632

—

4,627

1,743

 
4,654

—

4,654

1,783

TRCC/Rock Outlet Center, LLC
71,271

(39,393
)
30,682

7,278

 
75,194

(46,826
)
27,531

5,702

TRC-MRC 1, LLC
29,118

(24,667
)
3,839

—

 
29,692

(25,030
)
4,018

—

TRC-MRC 2, LLC
20,255

24,597

(7,746
)
—

 
20,362

(25,014
)
(5,763
)
—

TRC-MRC 3, LLC
31,378

(23,327
)
6,054

5,954

 
—

—

—

—

Total
$
250,875

$
(86,845
)
$
104,847

$
42,177

 
$
214,155

$
(121,326
)
$
87,568

$
28,602

 
 
 
 
 
 
 
 
 
 
Centennial Founders, LLC
$
95,789

$
—

$
95,462

***

 
$
93,840

$
—

$
93,188

***

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