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SHAREHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2012
Schedule of Distributions to Noncontrolling Interest

The following table reconciles shareholders’ equity attributable to Carrier’s noncontrolling interest:

 

Noncontrolling interest at December 31, 2011

   $ 198,920   

Foreign currency translation adjustment

     (103

Distributions to noncontrolling interest

     (9,373

Decrease in noncontrolling interest in Carrier Enterprise I

     (43,189

Net income attributable to noncontrolling interest

     45,350   

Fair value of noncontrolling interest in Carrier Enterprise III

     104,244   
  

 

 

 

Noncontrolling interest at September 30, 2012

   $ 295,849