COPT Defense Properties Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Real Estate Joint Ventures (Tables)

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
	Date Acquired	12/31/2018	Nature of Activity	Total Assets		Encumbered Assets		Total Liabilities
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.