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Noncontrolling Interest | 3 Months Ended
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Mar. 31, 2019
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:
| March 31,
| 2019 |  | 2018
Subsidiary: |  |  |
Evercore LP | 11 | % |  | 11 | %
Evercore Wealth Management ("EWM")(1) | 40 | % |  | 41 | %
Private Capital Advisory L.P. ("PCA")(1) | 10 | % |  | 10 | %
(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 three months ended March 31, 2019 and 2018 were as follows:
| For the Three Months Ended March 31,
| 2019 |  | 2018
Beginning balance | $ | 249,819 |  |  | $ | 252,404 |
Comprehensive Income: |  |  |
Net Income Attributable to Noncontrolling Interest | 10,968 |  |  | 14,193 |
Other Comprehensive Income | 325 |  |  | 521 |
Total Comprehensive Income | 11,293 |  |  | 14,714 |
Evercore LP Units Converted into Class A Shares | (10,423 | ) |  | (34,336 | )
Amortization and Vesting of LP Units | 5,506 |  |  | 5,122 |
Other Items: |  |  |
Distributions to Noncontrolling Interests | (17,984 | ) |  | (13,193 | )
Issuance of Noncontrolling Interest | — |  |  | 60 |
Purchase of Noncontrolling Interest | — |  |  | (298 | )
Total Other Items | (17,984 | ) |  | (13,431 | )
Ending balance | $ | 238,211 |  |  | $ | 224,473 |
Other Comprehensive Income - Other Comprehensive Income attributed to Noncontrolling Interest includes Unrealized Gain (Loss) on Marketable Securities and Investments, net, of ($89) and ($81) for the three months ended March 31, 2019 and 2018, respectively, and Foreign Currency Translation Adjustment Gain, net, of $414 and $602 for the three months ended March 31, 2019 and 2018, respectively. Interests Purchased - On March 29, 2018, the Company purchased, at fair value, an additional 15% of PCA for $25,525 (in cash and a note payable of $9,164, included in Other Current Liabilities on the Unaudited Condensed Consolidated Statement of Financial Condition as of March 31, 2018). This purchase resulted in a decrease to Noncontrolling Interest of $298 and a decrease to Additional Paid-In-Capital of $25,227, on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of March 31, 2018.

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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://fasb.org/us-gaap/role/ref/legacyRef -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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