The following table summarizes the combined basis balance sheet and statement of income data for the unconsolidated joint ventures as of and for the periods presented:



(in millions)	2013		2012
Total assets	$	790.2	$	917.8
Total third-party debt	530.7		712.7
Total equity	229.6		165.2



	2013		2012				2011
Total revenues (1)	$	98.6	$	95.9	(2	)	$	95.9		(2	)
Gain on sale of operating properties, net of tax	112.4		49.7				17.4
Net income (loss)	120.7		50.5				(3.2		)
Equity in income (3)	24.9		20.2				5.7

(1)

Excludes approximately $20.6 million, $36.0 million, and $30.8 million of revenues for the years ended December 31, 2013, 2012, and 2011, respectively, related to discontinued operations from the sale of 16 operating properties within two of our unconsolidated joint ventures during 2013 and one operating property held for sale within one of our unconsolidated joint ventures at December 31, 2013. Revenues for the years ended December 31, 2012 and 2011 also excludes approximately $23.3 million, and $26.3 million, respectively, related to discontinued operations from the sale of seven operating properties within two of our unconsolidated joint ventures during 2012. Revenues for the year ended December 31, 2011 also excludes approximately $11.4 million related to discontinued operations from the sale of four operating properties within one of our unconsolidated joint ventures during the fourth quarter of 2011.


(2)	Includes approximately $7.8 million and $49.6 million of revenues for the years ended December 31, 2012 and 2011 related to one previously unconsolidated joint venture acquired by us in December 2012 and 12 previously unconsolidated joint ventures acquired by us in January 2012. Refer to Note 7, "Acquisitions and Discontinued Operations" for further discussion of these acquisitions.


(3)	Equity in income excludes our ownership interest of fee income from various property management services provided by us to our joint ventures