COPT Defense Properties Quarterly report pursuant to Section 13 or 15(d)

Real Estate Joint Ventures (Tables)

Real Estate Joint Ventures (Tables)

9 Months Ended

Sep. 30, 2019

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 September 30, 2019 (dollars in thousands):



				September 30, 2019 (1)
	Date Acquired	Nominal Ownership %		Total Assets		Encumbered Assets		Total Liabilities
Entity	Date Acquired	Nominal Ownership %	Location	Total Assets		Encumbered Assets		Total Liabilities
LW Redstone Company, LLC	3/23/2010	85%	Huntsville, Alabama	$	219,914	$	74,333	$	69,519
M Square Associates, LLC	6/26/2007	50%	College Park, Maryland	84,662		64,539		57,315
Stevens Investors, LLC	8/11/2015	95%	Washington, DC	111,994		111,467		42,464
				$	416,570	$	250,339	$	169,298

(1)

Excludes amounts eliminated in consolidation.

Schedule of information related to investments in unconsolidated real estate joint ventures

The table below sets forth information pertaining to our investments in unconsolidated real estate joint ventures accounted for using the equity method of accounting (dollars in thousands):



	Date Acquired	Nominal Ownership %	Number of Properties	Carrying Value of Investment (1)
Entity	Date Acquired	Nominal Ownership %	Number of Properties	September 30, 2019		December 31, 2018
GI-COPT DC Partnership LLC	7/21/2016	50%	6	$	38,273	$	39,845
BREIT COPT DC JV LLC	6/20/2019	10%	7	11,135		—
			13	$	49,408	$	39,845

(1) Included in the line entitled “investment in unconsolidated real estate joint ventures” on our consolidated balance sheets.