XML 65 R47.htm IDEA: XBRL DOCUMENT v3.25.0.1
Noncontrolling Interest (Tables)
 12 Months Ended
Dec. 31, 2024
Noncontrolling Interest [Abstract]  
Schedule of Noncontrolling Interest
Noncontrolling ownership interests for the Company's subsidiaries were as follows:
As of December 31,
202420232022
Evercore LP(1)
6 %7 %6 %
Evercore Wealth Management ("EWM")(2)
26 %26 %26 %
(1)On February 24, 2022, 2,545 Class E LP Units were exchanged for 2,545 Class A Shares, which resulted in a decrease in noncontrolling interest of Evercore LP. For further information see "LP Units Exchanged" below.
(2)Noncontrolling Interests as of December 31, 2022 represent a blended rate for multiple classes of interests in EWM.
Changes in Noncontrolling Interest
Changes in Noncontrolling Interest for the years ended December 31, 2024, 2023 and 2022 were as follows:
 For the Years Ended December 31,
 202420232022
Beginning balance$205,556 $189,607 $314,910 
Comprehensive Income:
Net Income Attributable to Noncontrolling Interest39,458 29,744 54,895 
Other Comprehensive Income (Loss)(826)112 (1,612)
Total Comprehensive Income38,632 29,856 53,283 
Evercore LP Units Exchanged for Class A Shares(26,766)(11,490)(159,412)
Amortization and Vesting of LP Units and EWM Class A Units (see Note 18)47,141 24,301 23,425 
Other Items:
Distributions to Noncontrolling Interests(30,848)(27,293)(42,704)
Issuance of Noncontrolling Interest518 733 300 
Purchase of Noncontrolling Interest(67)(158)(195)
Total Other Items(30,397)(26,718)(42,599)
Ending balance$234,166 $205,556 $189,607