XML 63 R32.htm IDEA: XBRL DOCUMENT v3.19.3

Noncontrolling Interests (Tables)

9 Months Ended

Sep. 30, 2019

Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest [Abstract]

Schedule of Redeemable Noncontrolling Interest

The activity in redeemable noncontrolling interest – Medici is detailed in the table below:

		Three months ended								Nine months ended
		September 30, 2019				September 30, 2018				September 30, 2019				September 30, 2018
	Beginning balance	$	515,915			$	411,003			$	416,765			$	284,847
	Redemption of shares from redeemable noncontrolling interest, net of adjustments	(7,008		)		(8,720		)		(44,448		)		(52,223		)
	Sale of shares to redeemable noncontrolling interests	10,500				43,000				142,905				199,482
	Net income attributable to redeemable noncontrolling interest	15,211				2,710				19,396				15,887
	Ending balance	$	534,618			$	447,993			$	534,618			$	447,993

A summary of the Company’s redeemable noncontrolling interests on its consolidated balance sheets is set forth below:

		September 30, 2019				December 31, 2018
	Redeemable noncontrolling interest - DaVinciRe	$	1,462,677			$	1,034,946
	Redeemable noncontrolling interest - Medici	534,618				416,765
	Redeemable noncontrolling interest - Vermeer	781,738				599,989
	Redeemable noncontrolling interests	$	2,779,033			$	2,051,700

A summary of the Company’s redeemable noncontrolling interests on its consolidated statements of operations is set forth below:

		Three months ended								Nine months ended
		September 30, 2019				September 30, 2018				September 30, 2019				September 30, 2018
	Redeemable noncontrolling interest - DaVinciRe	$	30,558			$	3,730			$	152,946			$	74,935
	Redeemable noncontrolling interest - Medici	15,211				2,710				19,396				15,887
	Redeemable noncontrolling interest - Vermeer	16,288				—				31,749				—
	Net income attributable to redeemable noncontrolling interests	$	62,057			$	6,440			$	204,091			$	90,822

The activity in redeemable noncontrolling interest – DaVinciRe is detailed in the table below:

		Three months ended								Nine months ended
		September 30, 2019				September 30, 2018				September 30, 2019				September 30, 2018
	Beginning balance	$	1,431,101			$	1,082,425			$	1,034,946			$	1,011,659
	Redemption of shares from redeemable noncontrolling interest, net of adjustments	1,018				(170		)		86				(609		)
	Sale of shares to redeemable noncontrolling interests	—				—				274,699				—
	Net income attributable to redeemable noncontrolling interest	30,558				3,730				152,946				74,935
	Ending balance	$	1,462,677			$	1,085,985			$	1,462,677			$	1,085,985

The activity in redeemable noncontrolling interest – Vermeer is detailed in the table below:

		Three months ended								Nine months ended
		September 30, 2019				September 30, 2018				September 30, 2019				September 30, 2018
	Beginning balance	$	765,450			$	—			$	599,989			$	—
	Sale of shares to redeemable noncontrolling interest	—				—				150,000				—
	Net income attributable to redeemable noncontrolling interest	16,288				—				31,749				—
	Ending balance	$	781,738			$	—			$	781,738			$	—

X

- References

No definition available.

+ Details

Name:	us-gaap_BusinessCombinationAcquisitionOfLessThan100PercentNoncontrollingInterestAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity.

+ References

No definition available.

+ Details

Name:	us-gaap_RedeemableNoncontrollingInterestTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration