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Asset Impairments and Assets Held for Sale (Notes)
12 Months Ended
Dec. 31, 2019
Asset Impairment [Abstract]  
Asset Impairments Asset Impairments and Assets Held for Sale

We review our operating assets annually, or whenever indicators of impairment may be present. The following table summarizes the components of asset impairments for the years ended December 31 (in millions):
 
2019
 
2018
 
2017
Attributable to Consolidated Assets
 
 
 
 
 
Rail North America
$
0.4

 
$
0.6

 
$
4.6

Rail International

 
0.9

 
0.3

Portfolio Management
6.2

 
4.5

 
3.7

Rail International - railcar maintenance facility closure

 
3.0

 

Total
$
6.6

 
$
9.0

 
$
8.6

 
 
 
 
 
 
Attributable to Affiliate Investments
 
 
 
 
 
Rail North America
$

 
$

 
$
3.0

      
Impairment losses recorded in each year at Rail North America and Rail International were primarily attributable to railcars with declines in value due to excessive damage or functional obsolescence. Impairment losses recorded at Portfolio Management each year related to certain offshore marine supply vessels.

In 2017, an impairment loss of $3.0 million attributable to affiliate investments was related to our investment in Adler Funding LLC, resulting from a decline in the value of certain railcars in the fleet.

In 2018, GRE recorded $3.0 million of impairment losses associated with the closure of a railcar maintenance facility in Germany.

In the consolidated statements of comprehensive income, impairment losses related to consolidated assets were included in net (loss) gains on asset dispositions, and impairment losses related to affiliate investments were recorded in share of affiliates' earnings.

As of December 31, 2019 and 2018, assets held for sale were $3.4 million and $1.3 million, all of which were at Rail North America. All assets held for sale at December 31, 2019 are expected to be sold in 2020.