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Noncontrolling Interest | 9 Months Ended
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Sep. 30, 2018
Noncontrolling Interest [Abstract] |
Noncontrolling Interest | Noncontrolling Interest Noncontrolling Interest recorded in the unaudited condensed consolidated financial statements of the Company relates to the following approximate interests in certain consolidated subsidiaries, which are not owned by the Company:
| September 30,
| 2018 |  | 2017
Subsidiary: |  |  |
Evercore LP | 11 | % |  | 13 | %
Evercore Wealth Management ("EWM")(1) | 44 | % |  | 43 | %
PCA(1) | 24 | % |  | 26 | %
(1) Noncontrolling Interests represent a blended rate for multiple classes of interests. 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 nine months ended September 30, 2018 and 2017 were as follows:
| For the Nine Months Ended September 30,
| 2018 |  | 2017
Beginning balance | $ | 252,404 |  |  | $ | 256,033 |
Comprehensive Income: |  |  |
Net Income Attributable to Noncontrolling Interest | 36,760 |  |  | 35,740 |
Other Comprehensive Income | 8 |  |  | 1,264 |
Total Comprehensive Income | 36,768 |  |  | 37,004 |
Evercore LP Units Purchased or Converted into Class A Shares | (42,566 | ) |  | (29,393 | )
Amortization and Vesting of LP Units/Interests | 14,925 |  |  | 7,294 |
Other Items: |  |  |
Distributions to Noncontrolling Interests | (30,374 | ) |  | (26,315 | )
Issuance of Noncontrolling Interest | 1,165 |  |  | 8,279 |
Purchase of Noncontrolling Interest | (1,011 | ) |  | (261 | )
Other, net | — |  |  | (221 | )
Total Other Items | (30,220 | ) |  | (18,518 | )
Ending balance | $ | 231,311 |  |  | $ | 252,420 |
Other Comprehensive Income - Other Comprehensive Income attributed to Noncontrolling Interest includes Unrealized Gain (Loss) on Marketable Securities and Investments, net, of ($2) and ($66) for the three and nine months ended September 30, 2018, respectively, and $5 and $79 for the three and nine months ended September 30, 2017, respectively, and Foreign Currency Translation Adjustment Gain (Loss), net, of $429 and $74 for the three and nine months ended September 30, 2018, respectively, and $955 and $1,185 for the three and nine months ended September 30, 2017, respectively. Interests Issued - During the second quarter of 2018, in conjunction with the establishment of the RECA business, certain employees of that business purchased interests, at fair value, in PCA, resulting in an increase to Noncontrolling Interest of $770 on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of September 30, 2018. See Note 5 for further information. During the nine months ended September 30, 2017, the Company issued 111 Class A LP Units as settlement of contingent consideration, resulting in an increase to Noncontrolling Interest of $8,169 on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of September 30, 2017. Interests Purchased - On March 29, 2018, the Company purchased, at fair value, an additional 15% of PCA for $25,525 and on March 3, 2017, the Company purchased, at fair value, an additional 13% of PCA for $7,071. These purchases resulted in a decrease to Noncontrolling Interest of $298 and $261 and a decrease to Additional Paid-In-Capital of $25,227 and $6,810, on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of September 30, 2018 and 2017, respectively. During the nine months ended September 30, 2017, the Company purchased 32 LP Units and certain other rights from noncontrolling interest holders, resulting in a decrease to Noncontrolling Interest of $2,523 on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of September 30, 2017.

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- 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 810 -URI http://asc.fasb.org/topic&trid=2197479 + Details
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- References No definition available. + Details
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