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Transactions with Affiliates
12 Months Ended
Dec. 31, 2016
Related Party Transactions [Abstract]  
Transactions with Affiliates
12.
TRANSACTIONS WITH AFFILIATES
As part of our co-investment strategy, we have equity interests in real estate ventures, some of which have certain of our officers as trustees or board of director members, and from which we earn advisory and management fees. Included in the accompanying Consolidated Financial Statements is revenue of $251.3 million, $195.1 million, and $143.3 million for 2016, 2015 and 2014, respectively, as well as receivables of $20.3 million and $32.9 million as of December 31, 2016 and 2015, respectively, related to transactions with affiliates primarily a result of transactions with the real estate ventures in which we have equity interests.
The outstanding balance of loans to employees are presented in the following table.     
 
December 31,
($ in millions)
2016
2015
Loans related to co-investments (1)
$
16.0

13.4

Advances, travel and other (2)
169.5

126.7

Total
$
185.5

140.1


(1) These nonrecourse loans have been made to allow employees the ability to participate in investment fund opportunities.
(2) Consists primarily of commissions and other compensation advances to employees that are amortized to Compensation and benefits based on performance over required service periods.
The Company does not extend credit or provide personal loans to any director or executive officer of the Company.