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



(in millions)	2014		2013
Total assets	$	757.8	$	790.2
Total third-party debt	523.6		530.7
Total equity	203.3		229.6



	2014		2013		2012
Total revenues (1)	$	105.6	$	93.9	$	91.6	(2	)
Gain on sale of operating properties, net of tax	18.5		112.4		49.7
Net income (loss)	26.9		120.7		50.5
Equity in income (3)	7.0		24.9		20.2

(1)

Excludes approximately $1.1 million, $7.4 million and $6.8 million of revenue for the years ended December 31, 2014, 2013 and 2012, respectively, related to the sale of two operating properties by the funds during the first quarter of 2014. These properties were held for sale within two of our unconsolidated joint ventures at December 31, 2013. Also excludes approximately $17.9 million and $33.5 million, respectively, related to discontinued operations from the sale of 16 operating properties within two of our unconsolidated joint ventures during 2013. Revenues for the year ended December 31, 2012 also excludes approximately $23.3 million related to discontinued operations from the sale of seven operating properties within two of our unconsolidated joint ventures during 2012.


(2)	Includes approximately $7.8 million of revenues for the year ended December 31, 2012 related to 13 previously unconsolidated joint ventures acquired by us during the year ended December 31, 2012.


(3)	Equity in income excludes our ownership interest of fee income from various services provided by us to the funds.