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Investments In Joint Ventures (Tables)
 12 Months Ended
Dec. 31, 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 sheet and statement of income data for the Funds as of and for the periods presented:
 
(in millions)20212020
Total assets $679.1 $691.5 
Total third-party debt 513.8 509.1 
Total equity131.9 149.1 
 202120202019
Total revenues (1)
$139.0 $128.5 $131.7 
Gain on sale of operating property (2)
— — 19.8 
Net income21.3 15.8 37.5 
Equity in income (3) (4)
9.8 8.1 14.8 
 
(1)Total revenues for the year ended December 31, 2020 includes approximately $1.3 million of Resident Relief Funds payments which was recorded as a reduction to property revenues.
(2)In December 2019, one of the funds sold one operating property comprised of 270 apartment homes for approximately $38.5 million.
(3)Equity in income excludes our ownership interest of fee income from various services provided by us to the Funds.
(4)Equity in income for the year ended December 31, 2020 includes our ownership interest of the Resident Relief Fund payments of approximately $0.4 million. Equity in income for the year ended December 31, 2019 includes our ownership interest of the gain on sale of the operating property of approximately $6.2 million.