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Equity Method Investments in Affiliates (Tables)
 12 Months Ended
Dec. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Changes in Equity Method Investments in Affiliates
The following table presents summarized financial information for Affiliates accounted for under the equity method:
 
 
For the Years Ended December 31,
 
 
2014(1)(2)
 
2015(1)(2)
 
2016(2)
Revenue
 
$
1,869.3

 
$
2,217.1

 
$
2,200.9

Net income
 
253.8

 
431.5

 
1,068.9

 
 
December 31,
 
 
2015(3)
 
2016
Assets
 
$
30,663.4

 
$
1,915.3

Liabilities and Non-controlling interest
 
29,434.7

 
862.4

__________________________

(1) 
Revenue includes advisory fees for asset management services and net investment income from consolidated investment partnerships.

(2) 
Revenue and Net income reflect investments in new Affiliates for the full-year, regardless of the date of the Company’s investment.

(3) 
Assets consist primarily of investment securities in consolidated investment partnerships, which are generally held by non-controlling interests.
The following table presents the change in Equity method investments in Affiliates:
 
Total
Balance, December 31, 2014
$
1,783.5

Equity method earnings
323.2

Equity method intangible amortization
(34.3
)
Distributions from equity method investments
(346.1
)
Consideration for new investments
223.4

Foreign currency translation
(4.7
)
Other(1)
(7.9
)
Balance, December 31, 2015
$
1,937.1

Equity method earnings
388.0

Equity method intangible amortization
(59.2
)
Distributions from equity method investments
(346.4
)
Consideration for new investments
1,361.3

Foreign currency translation
8.0

Other(1)
79.5

Balance, December 31, 2016
$
3,368.3

__________________________

(1) 
Includes incremental basis related to deferred income taxes of $4.3 million and $93.3 million in 2015 and 2016, respectively.
Schedule of Financial Information for Affiliates Accounted for Under the Equity Method
The following table presents summarized financial information for Affiliates accounted for under the equity method:
 
 
For the Years Ended December 31,
 
 
2014(1)(2)
 
2015(1)(2)
 
2016(2)
Revenue
 
$
1,869.3

 
$
2,217.1

 
$
2,200.9

Net income
 
253.8

 
431.5

 
1,068.9

 
 
December 31,
 
 
2015(3)
 
2016
Assets
 
$
30,663.4

 
$
1,915.3

Liabilities and Non-controlling interest
 
29,434.7

 
862.4

__________________________

(1) 
Revenue includes advisory fees for asset management services and net investment income from consolidated investment partnerships.

(2) 
Revenue and Net income reflect investments in new Affiliates for the full-year, regardless of the date of the Company’s investment.

(3) 
Assets consist primarily of investment securities in consolidated investment partnerships, which are generally held by non-controlling interests.
The following table presents the change in Equity method investments in Affiliates:
 
Total
Balance, December 31, 2014
$
1,783.5

Equity method earnings
323.2

Equity method intangible amortization
(34.3
)
Distributions from equity method investments
(346.1
)
Consideration for new investments
223.4

Foreign currency translation
(4.7
)
Other(1)
(7.9
)
Balance, December 31, 2015
$
1,937.1

Equity method earnings
388.0

Equity method intangible amortization
(59.2
)
Distributions from equity method investments
(346.4
)
Consideration for new investments
1,361.3

Foreign currency translation
8.0

Other(1)
79.5

Balance, December 31, 2016
$
3,368.3

__________________________

(1) 
Includes incremental basis related to deferred income taxes of $4.3 million and $93.3 million in 2015 and 2016, respectively.