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Investments in Real Estate Ventures (Tables)
 12 Months Ended
Dec. 31, 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.
 
December 31,
($ in millions)
2019
2018
Property and equipment, net
$
126.3

48.5

Investments in real estate ventures
13.2

14.0

Other assets
14.3

4.4

Total assets
$
153.8

66.9

Other current liabilities
$
3.2

0.9

Mortgage indebtedness (included in Other liabilities)
69.7

28.2

Total liabilities
72.9

29.1

Members' equity (included in Noncontrolling interest)
80.9

37.8

Total liabilities and members' equity
$
153.8

66.9
Comprehensive Income Amounts Consolidated for Variable Interest Entity [Table Text Block]
 
Year Ended December 31,
($ in millions)
2019
2018
2017
Revenue
$
7.6

5.8

5.9

Operating and other expenses
(8.6
)
(5.1
)
(4.2
)
Gain on sale of investment
—

2.0

—

Net (loss) income
$
(1.0
)
2.7

1.7
Summary of Combined Financial Information for Unconsolidated Ventures
The following tables summarize the combined financial information for our unconsolidated real estate ventures accounted for under equity method or at fair value.
 
 
December 31,
($ in millions)
 
2019
2018
Balance Sheets:
 
 
 
 
Investments in real estate, net of depreciation
 
$
22,006.6

13,217.7

 
Total assets
 
24,784.8

15,561.2

 
Mortgage indebtedness
 
7,345.1

4,968.0

 
Other borrowings
 
1,118.2

561.7

 
Total liabilities
 
9,853.9

6,155.8

 
Total equity
 
14,930.9

9,405.4

 
 
 
 
 
 
 
Year Ended December 31,
($ in millions)
2019
2018
2017
Statements of Operations:
 
 
 
 
Revenue
$
1,247.6

1,199.5

1,319.0

 
Net income
831.2

1,046.3

895.7
Investments in real estate ventures The table below shows the movement in our investments in real estate ventures reported at fair value.
 
Year Ended December 31,
($ in millions)
2019
2018
2017
Fair value investments as of January 1,
$
247.3

242.3

212.7

Investments
144.9

55.2

33.5

Distributions
(101.7
)
(63.8
)
(37.1
)
Change in fair value
35.3

13.9

28.1

Foreign currency translation adjustments, net
2.8

(0.3
)
5.1

Fair value investments as of December 31,
$
328.6

247.3

242.3