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Investments in Real Estate Ventures (Tables)
12 Months Ended
Dec. 31, 2021
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)20212020
Property and equipment, net$184.7 117.4 
Investments10.2 9.0 
Other assets17.7 21.0 
Total assets$212.6 147.4 
Other current liabilities$2.1 1.9 
Mortgage indebtedness (included in Other liabilities)107.5 60.3 
Total liabilities109.6 62.2 
Members' equity (included in Noncontrolling interest)103.0 85.2 
Total liabilities and members' equity$212.6 147.4 
Comprehensive Income Amounts Consolidated for Variable Interest Entity [Table Text Block]
Year Ended December 31,
(in millions)202120202019
Revenue$11.0 13.9 7.6 
Operating and other expenses(14.9)(15.6)(8.6)
Net gains on sale of investments(1)
 22.1 — 
Net (loss) income$(3.9)20.4 (1.0)
Summary of Combined Financial Information for Unconsolidated Ventures
The following tables summarize the combined financial information for certain of our unconsolidated investments accounted for under the equity method or at fair value.
December 31,
(in millions)20212020
Balance Sheets:
Investments, net of depreciation$31,084.0 24,320.4 
Total assets34,816.3 28,129.3 
Mortgage indebtedness9,708.5 7,980.2 
Other borrowings1,864.1 1,332.9 
Total liabilities13,275.3 10,720.5 
Total equity21,541.0 17,408.8 
Year Ended December 31,
(in millions)202120202019
Statements of Operations:
Revenue$2,103.6 1,702.3 1,247.6 
Net income1,850.7 241.5 831.2 
Investments in real estate ventures
Year Ended December 31,
(in millions)202120202019
Fair value investments as of January 1,
$340.3 328.6 247.3 
Investments190.3 51.7 144.9 
Distributions(84.0)(46.8)(101.7)
Change in fair value201.2 (1.0)35.3 
Foreign currency translation adjustments, net(8.2)7.8 2.8 
Fair value investments as of December 31,
$639.6 340.3 328.6 
Summarized investment balances Summarized investment balances is presented in the following table.
December 31,
(in millions)20212020
LaSalle co-investments$354.6 300.3 
JLL Technologies investments353.6 94.0 
Other investments37.5 36.5 
Total$745.7 430.8