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Redeemable Noncontrolling Interests (Tables)
 12 Months Ended
Dec. 31, 2019
Noncontrolling Interest [Abstract]  
Redeemable Noncontrolling Interest
The following is a summary of the activity related to our Redeemable noncontrolling interests (in millions):
 
For the Year Ended December 31,
 
2019
 
2018
 
2017
Balance at beginning of period
$
261.7

 
$
220.9

 
$
138.3

Net income attributable to noncontrolling interests
12.6

 
13.9

 
17.9

Distributions declared
(9.2
)
 
(8.6
)
 
(4.6
)
Contribution to joint venture
1.0

 
9.6

 
2.3

Reclassification to noncontrolling interests
(11.2
)
 
—

 
—

Purchase of redeemable noncontrolling interests
(162.9
)
 
(65.1
)
 
—

Change in fair value
147.6

 
91.0

 
67.0

Balance at end of period
$
239.6

 
$
261.7

 
$
220.9
Reconciliation of Net Income Attributable to Noncontrolling Interests
The following table reconciles the net income attributable to nonredeemable Noncontrolling interests, as recorded in the shareholders’ equity section of the consolidated balance sheets, and the net income attributable to Redeemable noncontrolling interests, as recorded in the mezzanine section of the consolidated balance sheets, to the Net income attributable to noncontrolling interests presented in the consolidated statements of operations (in millions):
 
For the Year Ended December 31,
 
2019
 
2018
 
2017
Net income attributable to nonredeemable noncontrolling interests
$
74.5

 
$
69.2

 
$
61.2

Net income attributable to redeemable noncontrolling interests
12.6

 
13.9

 
17.9

Net income attributable to noncontrolling interests
$
87.1

 
$
83.1

 
$
79.1