The table below sets forth information pertaining to our investments in consolidated real estate joint ventures as of June 30, 2015 (dollars in thousands):
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Nominal |
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Ownership |
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June 30, 2015 |
(1) |
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Date |
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% as of |
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Total |
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Encumbered |
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Total |
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Acquired |
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6/30/2015 |
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Nature of Activity |
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Assets |
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Assets |
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Liabilities |
LW Redstone Company, LLC |
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3/23/2010 |
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85% |
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Operates five buildings and developing others (2) |
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$ |
142,787 |
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$ |
65,200 |
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$ |
40,278 |
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M Square Associates, LLC |
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6/26/2007 |
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50% |
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Operates two buildings and developing others (3) |
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58,839 |
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48,364 |
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38,249 |
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$ |
201,626 |
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$ |
113,564 |
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$ |
78,527 |
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(1) |
Excludes amounts eliminated in consolidation. |
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(2) |
This joint venture’s properties are in Huntsville. |
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(3) |
This joint venture’s properties are in College Park, Maryland (in the Baltimore/Washington Corridor). |
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