XML 25 R12.htm IDEA: XBRL DOCUMENT
v3.23.3

Investments in Affiliates | 9 Months Ended
--- | ---
Sep. 30, 2023
Equity Method Investments and Joint Ventures [Abstract] |
Investments in Affiliates | Investments in AffiliatesThe Company's investments in affiliates principally consist of equity investments in limited liability companies in which the Company has the ability to exercise significant influence over the operating and financial policies of these investments. Accordingly, the Company accounts for its investments using the equity method of accounting. Operating results presented in the Company's condensed consolidated financial statements include the Company's proportionate share of net income (loss) from its equity method investments. Summarized financial information of entities accounted for by the equity method on a combined basis for the three and nine months ended September 30, 2023 and 2022, is as follows (in millions):
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
Revenues |  | $ | 41.4 |  |  | $ | 37.0 |  |  | $ | 120.0 |  |  | $ | 97.8 |
Operating costs and expenses |  | 36.1 |  |  | 31.8 |  |  | 106.2 |  |  | 89.5 |
Gross Profit (Loss) |  | $ | 5.3 |  |  | $ | 5.2 |  |  | $ | 13.8 |  |  | $ | 8.3 |
Income (Loss) from Continuing Operations 1 |  | $ | 1.1 |  |  | $ | 2.0 |  |  | $ | 0.3 |  |  | $ | (2.7) |
Net Income (Loss)1 |  | $ | 1.1 |  |  | $ | 2.3 |  |  | $ | 0.3 |  |  | $ | 2.9 |
1 Includes earnings from equity method investments held by the investee.
During the nine months ended September 30, 2023 and 2022, Income (loss) related to joint ventures was $1.9 million and $2.3 million, respectively, and return on investment operating cash distributions was zero and $3.3 million, respectively.

X
- References No definition available. + Details
Name: | us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 323 -SubTopic 740 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481543/323-740-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 323 -Publisher FASB -URI https://asc.fasb.org//323/tableOfContent + Details
Name: | us-gaap_EquityMethodInvestmentsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration