Investments in Unconsolidated Subsidiaries

3 Months Ended

Mar. 31, 2018

Equity Method Investments And Joint Ventures [Abstract]

Investments in Unconsolidated Subsidiaries

7.	Investments in Unconsolidated Subsidiaries

Investments in unconsolidated subsidiaries are accounted for under the equity method of accounting. Our investment ownership percentages in equity method investments vary, generally ranging up to 5.0% in our Global Investment Management segment, up to 10.0% in our Development Services segment, and up to 50.0% in our other business segments.

Combined condensed financial information for the entities accounted for using the equity method is as follows (dollars in thousands):

	Three Months Ended
	March 31,
	2018		2017
Global Investment Management
Revenue	$	263,970	$	267,151
Operating income	$	71,156	$	15,478
Net income	$	34,337	$	4,090
Development Services
Revenue	$	22,676	$	21,526
Operating income	$	58,577	$	20,561
Net income	$	53,196	$	16,097
Other
Revenue	$	56,553	$	25,858
Operating income	$	6,475	$	2,179
Net income	$	6,463	$	2,148
Total
Revenue	$	343,199	$	314,535
Operating income	$	136,208	$	38,218
Net income	$	93,996	$	22,335