Investment in Unconsolidated Affiliates (Tables)

3 Months Ended

Mar. 31, 2015

Investment in Unconsolidated Affiliate [Abstract]

Activity Related to Investment in Unconsolidated Affiliate

The following table shows the activity related to the Partnership’s investments in unconsolidated affiliates:

	Three Months Ended March 31, 2015
Beginning of period	$	50.2
Fair value of T2 Joint Ventures		273.7
Equity earnings (1)		1.7
Cash distributions (2)		(2.7	)
End of period	$	322.9

(1) Includes equity earnings of acquired investments since the date of acquisition of February 27, 2015.

(2) Includes $0.6 million distributions received in excess of the Partnership’s share of cumulative earnings for the three months ended March 31, 2015. Such excess distributions are considered a return of capital and disclosed in cash flows from investing activities in the Consolidated Statements of Cash Flows.