Investments in Affiliates (Tables)

12 Months Ended

Dec. 31, 2014

Equity Method Investments and Joint Ventures [Abstract]

Summary of Financial Information for Equity Method Investments

A summary of financial information for the Company’s equity method investments at December 31 is as follows (in millions):

	2014		2013
Current assets	$	52.7	$	43.5
Non-current assets	935.6		673.2
Total assets	$	988.3	$	716.7
Current liabilities	$	53.0	$	44.2
Non-current liabilities	245.9		107.9
Total liabilities	$	298.9	$	152.1

	Year Ended December 31,
	2014		2013		2012
Operating revenue	$	71.0	$	37.8	$	29.8
Operating costs and expenses	65.9		31.1		32.5
Operating (loss) income	$	5.1	$	6.7	$	(2.7	)
Income (loss) from continuing operations*	$	5.0	$	6.8	$	(11.5	)
Net income (loss)	$	5.0	$	6.8	$	(11.5	)

* Includes earnings from equity method investments held by the investee.

Assets Measured at Fair Value on a Nonrecurring Basis

The Company’s investment in affiliates measured at fair value on a nonrecurring basis was as follows (in millions):

	Total Fair Value Measurement as of Year End		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Un-observable Inputs (Level 3)		Total Loss for the Year
Year Ended December 31, 2013
The Shops at Kukui'ula Investment	$	—	$	—	$	—	$	6.3	$	6.3
Year Ended December 31, 2012
Santa Barbara (CA) landholdings	$	5.9	$	—	$	—	$	5.9	$	5.1
Bakersfield (CA) joint venture*	7.0		—		—		7.0		4.7
Total	$	12.9	$	—	$	—	$	12.9	$	9.8

* The Total Loss for the Year includes equity in losses of $3.9 million related to the write down of landholdings owned by the joint venture.