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Business Combinations, Goodwill and Other Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2016
BUSINESS COMBINATIONS, GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]  
Movements in Goodwill by Reporting Segment
The following tables detail, by reporting segment, movements in goodwill with indefinite useful lives.
 
Real Estate Services
 
 
(in millions)
Americas
EMEA
Asia Pacific
LaSalle
Consolidated
Balance as of December 31, 2015
$
1,161.1

696.2

266.6

17.6

2,141.5

Additions, net of adjustments
174.2

239.8

36.6

—

450.6

Impact of exchange rate movements
0.8

(50.8
)
6.2

(1.5
)
(45.3
)
Balance as of September 30, 2016
$
1,336.1

885.2

309.4

16.1

2,546.8

 
Real Estate Services
 
 
(in millions)
Americas
EMEA
Asia Pacific
LaSalle
Consolidated
Balance as of December 31, 2014
$
1,008.3

650.4

230.8

18.4

1,907.9

Additions, net of adjustments
15.3

77.5

42.5

—

135.3

Impact of exchange rate movements
(0.8
)
(32.8
)
(9.5
)
(0.5
)
(43.6
)
Balance as of September 30, 2015
$
1,022.8

695.1

263.8

17.9

1,999.6
Movements in Gross Carrying Amount and Accumulated Amortization of Finite-Lived Intangible Assets
The following tables detail, by reporting segment, movements in the gross carrying amount and accumulated amortization of our identifiable intangibles.
 
Real Estate Services
 
 
(in millions)
Americas
EMEA
Asia Pacific
LaSalle
Consolidated
Gross Book Value
 
 
 
 
 
Balance as of December 31, 2015
$
297.1

48.5

14.3

6.3

366.2

Additions, net of adjustments
55.6

51.8

5.7

—

113.1

Impairments (1)
—

—

—

(6.5
)
(6.5
)
Impact of exchange rate movements
(0.3
)
(4.7
)
0.5

0.3

(4.2
)
Balance as of September 30, 2016
$
352.4

95.6

20.5

0.1

468.6

 
 
 
 
 
 
Accumulated Amortization
 

 

 

 

 

Balance as of December 31, 2015
$
(97.0
)
(32.6
)
(9.3
)
(0.1
)
(139.0
)
Amortization, net
(25.5
)
(7.0
)
(1.3
)
—

(33.8
)
Impact of exchange rate movements
0.4

3.5

(0.2
)
—

3.7

Balance as of September 30, 2016
$
(122.1
)
(36.1
)
(10.8
)
(0.1
)
(169.1
)
 
 
 
 
 
 
Net book value as of September 30, 2016
$
230.3

59.5

9.7

—

299.5

(1) In the third quarter of 2016, we fully impaired an indefinite-lived intangible asset related to a 2011 acquisition of an Australian property fund management business.
 
Real Estate Services
 
 
(in millions)
Americas
EMEA
Asia Pacific
LaSalle
Consolidated
Gross Book Value
 
 
 
 
 
Balance as of December 31, 2014
$
103.4

43.8

9.5

7.0

163.7

Additions, net of adjustments
4.6

6.1

5.3

—

16.0

Impact of exchange rate movements
(0.1
)
(1.9
)
(0.5
)
(0.9
)
(3.4
)
Balance as of September 30, 2015
$
107.9

48.0

14.3

6.1

176.3

 
 
 
 
 
 
Accumulated Amortization
 

 

 

 

 

Balance as of December 31, 2014
$
(84.9
)
(31.0
)
(8.9
)
(0.1
)
(124.9
)
Amortization, net
(5.3
)
(2.4
)
(1.7
)
—

(9.4
)
Impact of exchange rate movements
—

1.3

0.1

—

1.4

Balance as of September 30, 2015
$
(90.2
)
(32.1
)
(10.5
)
(0.1
)
(132.9
)
 
 
 
 
 
 
Net book value as of September 30, 2015
$
17.7

15.9

3.8

6.0

43.4
Future Amortization Expense for Finite-Lived Intangible Assets
The remaining estimated future amortization expense by year as of September 30, 2016 is presented in the following table.
(in millions)
 
2016 (3 months)
$
14.8

2017
54.1

2018
50.2

2019
42.0

2020
35.7

2021
25.6

Thereafter
68.3

Total
$
290.7