Investments in Unconsolidated Subsidiaries

6 Months Ended

Jun. 30, 2018

Equity Method Investments And Joint Ventures [Abstract]

Investments in Unconsolidated Subsidiaries

8.	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				Six Months Ended
	June 30,				June 30,
	2018		2017		2018		2017
Global Investment Management
Revenue	$	361,317	$	237,907	$	625,287	$	505,058
Operating income		206,206		76,410		277,362		91,888
Net income		138,954		60,307		173,291		64,397
Development Services
Revenue	$	31,329	$	27,477	$	54,005	$	49,003
Operating income		24,560		157,296		83,137		177,857
Net income		17,117		150,055		70,313		166,152
Other
Revenue	$	52,384	$	44,145	$	108,937	$	70,003
Operating income		5,415		8,800		11,890		10,979
Net income		5,757		11,510		12,220		13,658
Total
Revenue	$	445,030	$	309,529	$	788,229	$	624,064
Operating income		236,181		242,506		372,389		280,724
Net income		161,828		221,872		255,824		244,207