XML 30 R19.htm IDEA: XBRL DOCUMENT
v3.4.0.3

Noncontrolling Interest | 3 Months Ended
--- | ---
Mar. 31, 2016
Noncontrolling Interest [Abstract] |
Noncontrolling Interest | Noncontrolling Interest Noncontrolling Interest recorded in the unaudited condensed consolidated financial statements of the Company relates to a 14% interest in Evercore LP, a 38% interest in Evercore Wealth Management ("EWM"), a 39% interest in Evercore Private Capital Advisory L.P. ("PCA"), a 34% equity interest in Atalanta Sosnoff (through December 31, 2015, the date it was deconsolidated), a 28% interest in ECB (through January 29, 2016) and other private equity partnerships. The Noncontrolling Interests for Evercore LP, EWM and PCA have rights, in certain circumstances, to convert into Class A Shares. Changes in Noncontrolling Interest for the three months ended March 31, 2016 and 2015 were as follows:
| For the Three Months Ended March 31,
| 2016 |  | 2015
Beginning balance | $ | 202,664 |  |  | $ | 160,952 |
Comprehensive income (loss): |  |  |
Net Income Attributable to Noncontrolling Interest | 2,360 |  |  | 1,593 |
Other comprehensive income (loss) | (381 | ) |  | (877 | )
Total comprehensive income | 1,979 |  |  | 716 |
Evercore LP Units Converted into Class A Shares | (4,136 | ) |  | (1,272 | )
Amortization and Vesting of LP Units/Interests | 31,760 |  |  | 25,274 |
Other Items: |  |  |
Distributions to Noncontrolling Interests | (8,585 | ) |  | (4,598 | )
Issuance of Noncontrolling Interest | — |  |  | 291 |
Purchase of Noncontrolling Interest | (5,225 | ) |  | — |
Other, net | (145 | ) |  | — |
Total other items | (13,955 | ) |  | (4,307 | )
Ending balance | $ | 218,312 |  |  | $ | 181,363 |
Other Comprehensive Income - Other comprehensive income (loss) attributed to Noncontrolling Interest includes Unrealized Gain (Loss) on Marketable Securities and Investments, net, of $3 and ($196) for the three months ended March 31, 2016 and 2015, respectively, and Foreign Currency Translation Adjustment Gain (Loss), net, of ($384) and ($681) for the three months ended March 31, 2016 and 2015, respectively. Atalanta Sosnoff - On December 31, 2015, the Company deconsolidated the assets and liabilities of Atalanta Sosnoff, as well as its related redeemable noncontrolling interests. Interests Purchased - On January 29, 2016, the Company purchased, at fair value, all of the noncontrolling interest in ECB for $6,482.

X
- Definition The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684 + Details
Name: | us-gaap_MinorityInterestDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_NoncontrollingInterestAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration