When attempting to edit Joint memberships error appears Error - "Specified argument was out of the range of valid values. Parameter name: Value"

When attempting to edit a Joint Membership in CRM error appears when clicking edit membership details: Error - "Specified argument was out of the range of valid values. Parameter name: Value"
We are currently evaluating this issue for a fix in a future service pack. 
 

Steps to Duplicate

1. Navigate to a Joint Membership in CRM
2. Click Other tasks
3. Select Edit membership details from the drop down
4. Notice error: Specified argument was out of the range of valid values. Parameter name: Value

Environment

 Blackbaud CRM
 4.0
 4.0.172.0

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