Redeemable Noncontrolling Interests (Tables)

6 Months Ended

Jun. 30, 2016

Redeemable Noncontrolling Interest [Line Items]

Redeemable Noncontrolling Interest

The following is a summary of the activity related to our Redeemable noncontrolling interests during the six months ended June 30, 2016 and 2015 (in millions):

	Six Months Ended June 30,
	2016			2015
Balance at beginning of period	$	121.1		$	84.7
Net income attributable to noncontrolling interests	7.5			6.4
Distributions declared	(4.3		)	(4.0		)
Change in fair value	(4.3		)	11.4
Balance at end of period	$	120.0		$	98.5

Reconciliation of Noncontrolling Interests

The following table reconciles the net income attributable to nonredeemable Noncontrolling interests, as recorded in the shareholders’ equity section of the condensed consolidated balance sheets, and the net income attributable to Redeemable noncontrolling interests, as recorded in the mezzanine section of the condensed consolidated balance sheets, to the Net income attributable to noncontrolling interests presented in the condensed consolidated statements of operations for the three and six months ended June 30, 2016 and 2015 (in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2016		2015		2016		2015
Net income attributable to nonredeemable noncontrolling interests	$	15.0	$	13.8	$	29.8	$	27.4
Net income attributable to redeemable noncontrolling interests	3.6		3.5		7.5		6.4
Net income attributable to noncontrolling interests	$	18.6	$	17.3	$	37.3	$	33.8