Unconsolidated Affiliates

9 Months Ended

Sep. 30, 2019

Investments Debt And Equity Securities [Abstract]

Unconsolidated Affiliates

Note 5—Unconsolidated affiliates

Investments in unconsolidated affiliates are as follows (in millions):

		Carrying Value		Excess carrying value of investment over proportionate share of net assets
	Ownership Percentage	September 30, 2019		September 30, 2019
International Financial Data Services L.P.	50%	$	94.8	$	45.8
Pershing Road Development Company, LLC	50%		75.9		75.8
Broadway Square Partners, LLP	50%		50.4		32.8
Other unconsolidated affiliates			11.1		—
Total		$	232.2	$	154.4

Investments in unconsolidated affiliates are accounted for under the equity method of accounting.  We record our proportionate share of the results of the unconsolidated affiliates and amortization expense related to basis differences in Equity in earnings of unconsolidated affiliates, net on the Condensed Consolidated Statement of Comprehensive Income (Loss).  One of the unconsolidated affiliates is a party to an interest rate swap agreement.  We record our proportionate share of the change in value of the interest rate swap agreement in accumulated other comprehensive income (loss).  Amounts reclassified from accumulated other comprehensive income (loss) to net income are recorded in equity in earnings of unconsolidated affiliates, net on the Condensed Consolidated Statement of Comprehensive Income (Loss).

Equity in earnings of unconsolidated affiliates are as follows (in millions):

	Three Months Ended September 30,					Nine Months Ended September 30,
	2019			2018		2019			2018
International Financial Data Services L.P.	$	0.3		$	0.8	$	2.0		$	2.0
Pershing Road Development Company, LLC		0.7			0.5		1.3			(0.1	)
Broadway Square Partners, LLP		0.4			0.2		0.9			0.2
Other unconsolidated affiliates		(1.5	)		0.2		(2.1	)		0.7
Total	$	(0.1	)	$	1.7	$	2.1		$	2.8