Equity Method Investments |
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Jun. 30, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Equity Method Investments and Joint Ventures [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Equity Method Investments |
We have noncontrolling unconsolidated equity investments in entities that own minority interests in renewable energy projects and in one case, real estate. We recognized income from our equity method investments of $8.4 million and $12.5 million during the three and six months ended June 30, 2017, respectively, as compared to income of $1.1 million and $1.3 million during the three and six months ended June 30, 2016. We describe our accounting for noncontrolling equity investments in Note 2.
The following is a summary of the consolidated financial position and results of operations of the significant holding companies, accounted for using the equity method.
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- References No definition available.
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- 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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