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Investments in Joint Ventures (Tables)
6 Months Ended
Jun. 30, 2015
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)
June 30, 2015
 
December 31, 2014
Total assets
$
754.2

 
$
757.8

Total third-party debt
528.6

 
523.6

Total equity
201.6

 
203.3

 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(in millions)
2015
 
2014
 
2015
 
2014
Total revenues (1)
$
28.3

 
$
25.9

 
$
55.8

 
$
51.0

Gain on sale of operating properties, net of tax

 

 

 
18.5

Net income
2.9

 
1.6

 
5.6

 
21.7

Equity in income (2)
1.5

 
0.7

 
2.9

 
5.0

 
(1)
Excludes approximately $1.1 million for the six months ended June 30, 2014, related to the sale of two operating properties by the funds during the first quarter of 2014.
(2)
Equity in income excludes our ownership interest of fee income from various services provided by us to the funds.