Income Taxes	3 Months Ended
Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective income tax rate for income taxes as a percentage of income from continuing operations before equity in losses of affiliates and income taxes was 31.8% and 36.4% for the three months ended March 31, 2017 and 2016, respectively. For the three months ended March 31, 2017, when compared to 2016, the decrease in the effective income tax rate was primarily attributable to the current year adoption of the stock-based compensation accounting guidance resulting in a current quarter favorable excess tax benefit and a current quarter favorable state tax benefit related to closure of the IRS exam for 2006-2009, partially offset by an increase in valuation allowance on certain deferred tax benefits that may not be recognized in the future. Income taxes included in equity in losses of affiliates were a benefit of $0.4 million and expense of $0.2 million for the three months ended March 31, 2017 and 2016, respectively. For the purpose of segment reporting, these amounts are included in corporate and therefore not reflected in our reportable segments. We are currently under examination for the years 2006-2011, by the US, our primary taxing jurisdiction, and various taxing authorities. It is reasonably possible the amount of the unrecognized benefit with respect to certain unrecognized tax positions that are not subject to the First American Financial Corporation ("FAFC") indemnification could significantly increase or decrease within the next twelve months and would have an impact on net income.

Income Taxes

3 Months Ended

Mar. 31, 2017

The effective income tax rate for income taxes as a percentage of income from continuing operations before equity in losses of affiliates and income taxes was 31.8% and 36.4% for the three months ended March 31, 2017 and 2016, respectively.

For the three months ended March 31, 2017, when compared to 2016, the decrease in the effective income tax rate was primarily attributable to the current year adoption of the stock-based compensation accounting guidance resulting in a current quarter favorable excess tax benefit and a current quarter favorable state tax benefit related to closure of the IRS exam for 2006-2009, partially offset by an increase in valuation allowance on certain deferred tax benefits that may not be recognized in the future.

Income taxes included in equity in losses of affiliates were a benefit of $0.4 million and expense of $0.2 million for the three months ended March 31, 2017 and 2016, respectively. For the purpose of segment reporting, these amounts are included in corporate and therefore not reflected in our reportable segments.

We are currently under examination for the years 2006-2011, by the US, our primary taxing jurisdiction, and various taxing authorities. It is reasonably possible the amount of the unrecognized benefit with respect to certain unrecognized tax positions that are not subject to the First American Financial Corporation ("FAFC") indemnification could significantly increase or decrease within the next twelve months and would have an impact on net income.