Investments In Joint Ventures (Tables)

9 Months Ended

Sep. 30, 2014

Equity Method Investments and Joint Ventures [Abstract]

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

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

(in millions)	September 30, 2014		December 31, 2013
Total assets	$	747.9	$	790.2
Total third-party debt	524.5		530.7
Total equity	196.8		229.6

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(in millions)	2014		2013		2014		2013
Total revenues (1)	$	27.3	$	23.8	$	78.3	$	69.1
Gain on sale of operating properties, net of tax	—		—		18.5		95.4
Net income	2.2		2.2		23.8		102.2
Equity in income (2)	0.9		1.9		5.9		20.7

(1) Excludes approximately $1.9 million for the three months ended September 30, 2013, and approximately $1.1 million and $5.5 million for the nine months ended September 30, 2014 and 2013, respectively, related to the sale of two operating properties by the funds during the first quarter of 2014. Additionally, excludes approximately $2.0 million and $5.9 million for the three and nine months ended September 30, 2013, related to the sale of two operating properties within one of our unconsolidated joint ventures in December 2013 and approximately $10.3 million for the nine months ended September 30, 2013 relating to the discontinued operations from the sale of 14 operating properties within one of our unconsolidated joint ventures in May 2013.

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