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Investments in Real Estate Ventures (Tables)
9 Months Ended
Sep. 30, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Balance Sheet Amounts Consolidated for Variable Interest Entity [Table Text Block]
Summarized financial information for our consolidated VIEs is presented in the following tables.
(in millions)
September 30, 2019
December 31, 2018
Property and equipment, net
$
115.1

48.5

Investments in real estate ventures
13.1

14.0

Other assets
14.8

4.4

Total assets
$
143.0

66.9

Other current liabilities
$
2.3

0.9

Mortgage indebtedness (included in Other liabilities)
73.0

28.2

Total liabilities
75.3

29.1

Members' equity (included in Noncontrolling interest)
67.7

37.8

Total liabilities and members' equity
$
143.0

66.9


Comprehensive Income Amounts Consolidated for Variable Interest Entity [Table Text Block]
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(in millions)
2019
2018
 
2019
2018
Revenue
$
1.9

1.6

 
$
4.9

4.3

Operating and other expenses
(2.1
)
(1.4
)
 
(5.3
)
(3.8
)
Net gains on sale of investments


 

2.0

Net income (loss)
$
(0.2
)
0.2

 
$
(0.4
)
2.5


Investments in real estate ventures, Fair Value The table below shows the movement in our investments in real estate ventures reported at fair value.
(in millions)
2019
2018
Fair value investments as of January 1,
$
247.3

242.3

Investments
67.1

27.7

Distributions
(39.2
)
(31.0
)
Change in fair value
29.8

8.2

Foreign currency translation adjustments, net
(0.8
)
(1.2
)
Fair value investments as of September 30,
$
304.2

246.0