Investments In Unconsolidated Subsidiaries Investments in Unconsolidated Subsidiaries

9 Months Ended

Sep. 30, 2014

Investments In Unconsolidated Subsidiaries [Abstract]

Investments in Unconsolidated Subsidiaries

6. Investments in Unconsolidated Subsidiaries

The Company records investments in unconsolidated subsidiaries at cost. The aggregate carrying values of the Company’s investments in unconsolidated subsidiaries were $8.8 million, $7.8 million and $8.3 million as of September 30, 2014 and 2013 and December 31, 2013, respectively, and were held in “Other assets” in the consolidated balance sheets. Carrying values for these investments are adjusted for cash contributions and distributions. The Company evaluates these investments for impairment if an event occurs or circumstances change that would more likely than not reduce the fair value of the investment below carrying value. Based on the Company’s impairment evaluation of these investments as of September 30, 2014, it determined that no impairment existed.