Annual report pursuant to Section 13 and 15(d)

Real Estate Joint Ventures (Tables)

v3.10.0.1
Real Estate Joint Ventures (Tables)
12 Months Ended
Dec. 31, 2018
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of information related to investments in consolidated real estate joint ventures
The table below sets forth information pertaining to our investments in consolidated real estate joint ventures as of December 31, 2018 (dollars in thousands):
 
 
 
Nominal ownership % as of
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2018 (1)
 
Date Acquired
 
 
 
 
Total Assets
 
Encumbered Assets
 
Total Liabilities
 
 
12/31/2018
 
Nature of Activity
 
 
 
LW Redstone Company, LLC
3/23/2010
 
85%
 
Development and operation of real estate (2)
 
$
169,533

 
$
72,800

 
$
50,530

M Square Associates, LLC
6/26/2007
 
50%
 
Development and operation of real estate (3)
 
75,339

 
43,631

 
43,869

Stevens Investors, LLC
8/11/2015
 
95%
 
Development of real estate (4)
 
83,118

 
82,618

 
16,017

 
 
 
 
 
 
 
$
327,990

 
$
199,049

 
$
110,416

(1) Excludes amounts eliminated in consolidation.
(2) This joint venture’s properties are in Huntsville, Alabama.
(3) This joint venture’s properties are in College Park, Maryland.
(4) This joint venture’s property is in Washington, DC.