Investments In Joint Ventures (Tables)

3 Months Ended

Mar. 31, 2014

Investments In Joint Ventures [Abstract]

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

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

(in millions)	March 31, 2014		December 31, 2013
Total assets	$	739.2	$	790.2
Total third-party debt	517.0		530.7
Total equity	203.7		229.6

	Three Months Ended
	March 31,
(in millions)	2014		2013
Total revenues (1)	$	25.1	$	22.3
Gain on sale of operating properties, net of tax	18.5		—
Net income	20.0		2.0
Equity in income (2)	4.3		0.9

(1) Excludes approximately $1.1 million and $1.8 million for the three months ended March 31, 2014, and 2013, respectively, related to the sale of two operating properties by the funds during the first quarter of 2014. Additionally, excludes approximately $8.4 million for the three months ended March 31, 2013, related to the sale of 16 operating properties within two of our unconsolidated joint ventures in May and December 2013.

(2) Equity in income excludes our ownership interest of fee income from various property management services provided by us to the funds.