XML 33 R23.htm IDEA: XBRL DOCUMENT v3.21.2
Investments in Joint Ventures (Tables)
 6 Months Ended
Jun. 30, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Aggregate Balance Sheet And Statement Of Income Data For Unconsolidated Joint Ventures The following table summarizes the combined balance sheets and statements of income data for the Funds as of and for the periods presented:
(in millions)June 30, 2021December 31, 2020
Total assets$688.1 $691.5 
Total third-party debt514.5 509.1 
Total equity147.1 149.1 
Three Months Ended
June 30,		Six Months Ended
June 30,
(in millions)2021202020212020
Total revenues (1)
$34.2 $30.7 $67.2 $63.0 
Net income4.7 2.9 8.4 7.4 
Equity in income (2)(3)
2.2 1.6 4.1 3.8 
(1)Total revenues for the three and six months ended June 30, 2020 includes approximately $1.3 million of Resident Relief Funds payments which was recorded as a reduction to property revenues.
(2)Equity in income excludes our ownership interest of fee income from various services provided by us to the Funds.
(3)Equity in income for the three and six months ended June 30, 2020 includes our ownership interest of the Resident Relief Funds payments of approximately $0.4 million.