Equity Method Investments

12 Months Ended

Dec. 31, 2016

Equity Method Investments And Joint Ventures [Abstract]

Equity Method Investments

(16) Equity Method Investments

We accounted for our investments in entities over which we had significant influence, but not control, using the equity method of accounting. Under the equity method of accounting, we recorded our proportionate share of net earnings, declared dividends and partnership distributions based on the most recently available financial statements of the investee. We also evaluated our equity method investments for potential impairment whenever events or changes in circumstances indicate that there is an other than temporary decline in value of the investment. Such events include sustained operating losses by the investee or long-term negative changes in the investee’s industry. As of June 2014, we no longer have equity method investments.