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Noncontrolling Interest (Tables)
9 Months Ended
Sep. 30, 2018
Noncontrolling Interest [Abstract]  
Schedule of 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.
Changes in Noncontrolling Interest
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