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PURCHASE OF OWNERSHIP INTEREST FROM JOINT VENTURE | 6 Months Ended
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Jun. 30, 2020
PURCHASE OF OWNERSHIP INTEREST FROM JOINT VENTURE |
5. | PURCHASE OF OWNERSHIP INTEREST FROM JOINT VENTURE
Effective May 31, 2019, we purchased an additional 20% ownership interest in Homans Associates II LLC (“Homans”) from our second joint venture with Carrier, Carrier Enterprise Northeast, LLC , which we refer to as Carrier Enterprise II , for cash consideration of $32,400, which increased our ownership in Homans to 100%. Homans previously operated as a division of Carrier Enterprise II and subsequent to the purchase operates as a stand-alone subsidiary of the Company with 17 locations in the Northeastern U.S.

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- Definition Purchase of ownership interest from joint venture. + References No definition available. + Details
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