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Investments in Affiliates

3 Months Ended

Mar. 31, 2020

Equity Method Investments and Joint Ventures [Abstract]

INVESTMENTS IN AFFILIATES

The 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 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 quarters ended March 31, 2020 and 2019 is as follows (in millions):


	Three Months Ended March 31,
	2020		2019
Revenues	$	52.0	$	40.8
Operating costs and expenses	39.9		37.3
Gross Profit (Loss)	$	12.1	$	3.5
Income (Loss) from Continuing Operations¹	$	7.6	$	0.9
Net Income (Loss)¹	$	7.6	$	0.6
¹ Includes earnings from equity method investments held by the investee.