Investment in Affiliates

9 Months Ended

Sep. 30, 2015

Equity Method Investments and Joint Ventures [Abstract]

Investment in Affiliates

Investment in Affiliates. At September 30, 2015, investments in affiliates consisted of equity investments in limited liability companies. The Company has the ability to exercise significant influence over the operating and financial policies of these investments and, accordingly, accounts for its investments using the equity method of accounting. The Company’s operating results include its share of net earnings from its equity method investments. For the nine months ended September 30, 2015, the results of operations of a significant joint venture were $243.0 million for operating revenue and $32.3 million for operating income, income from continuing operations, and net income.