Investments In Joint Ventures (Tables)

3 Months Ended

Mar. 31, 2012

Investments In Joint Ventures [Abstract]

Aggregate Balance Sheet And Statement Of Income Data For Unconsolidated Joint Ventures

The following table summarizes aggregate balance sheet and statement of income data for the unconsolidated joint ventures as of and for the periods presented:

(in millions)	March 31, 2012		(1)	December 31, 2011
Total assets	$	1,084.1		$	1,394.9
Total third-party debt	852.9			1,093.9
Total equity	204.6			261.6

	Three Months Ended
	March 31,
	2012			2011
Total revenues (2)	$	40.5		$	33.0
Net loss	(1.7		)	(2.6		)
Equity in income (3)	0.4			0.4

(1) In January 2012, as a result of our purchase of the remaining 80% ownership interest in previously unconsolidated joint ventures, we consolidated twelve joint ventures previously accounted for in accordance with the equity method. Refer to Note 6, "Property Acquisitions, Discontinued Operations, and Assets Held for Sale," for further discussion of the acquisition.

(2) Approximately $2.9 million of revenues for the three months ended March 31, 2011 relates to discontinued operations within one of our unconsolidated joint ventures resulting from the sale of four operating properties in the fourth quarter of 2011.

(3) Equity in income excludes our ownership interest of fee income from various property management services provided by us to our joint ventures.