XML 45 R32.htm IDEA: XBRL DOCUMENT v3.20.2
Noncontrolling Interests (Tables)
9 Months Ended
Sep. 30, 2020
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest [Abstract]  
Schedule of Redeemable Noncontrolling Interest
A summary of the Company’s redeemable noncontrolling interests on its consolidated balance sheets is set forth below:
September 30,
2020
December 31, 2019
Redeemable noncontrolling interest - DaVinciRe$1,594,683 $1,435,581 
Redeemable noncontrolling interest - Medici
696,999 632,112 
Redeemable noncontrolling interest - Vermeer
1,095,635 1,003,615 
Redeemable noncontrolling interests$3,387,317 $3,071,308 
A summary of the Company’s redeemable noncontrolling interests on its consolidated statements of operations is set forth below:
Three months endedNine months ended
September 30,
2020
September 30,
2019
September 30,
2020
September 30,
2019
Redeemable noncontrolling interest - DaVinciRe
$(26,616)$30,558 $146,664 $152,946 
Redeemable noncontrolling interest - Medici
33,963 15,211 42,436 19,396 
Redeemable noncontrolling interest - Vermeer11,954 16,288 47,020 31,749 
Net income attributable to redeemable noncontrolling interests
$19,301 $62,057 $236,120 $204,091 
The activity in redeemable noncontrolling interest – DaVinciRe is detailed in the table below:
Three months endedNine months ended
September 30,
2020
September 30,
2019
September 30,
2020
September 30,
2019
Beginning balance$1,621,300 $1,431,101 $1,435,581 $1,034,946 
Redemption of shares from redeemable noncontrolling interest, net of adjustments
(1)1,018 2,447 86 
Sale of shares to redeemable noncontrolling interests
— — 9,991 274,699 
Net (loss) income attributable to redeemable noncontrolling interest(26,616)30,558 146,664 152,946 
Ending balance$1,594,683 $1,462,677 $1,594,683 $1,462,677 
The activity in redeemable noncontrolling interest – Medici is detailed in the table below:
Three months endedNine months ended
September 30,
2020
September 30,
2019
September 30,
2020
September 30,
2019
Beginning balance$682,118 $515,915 $632,112 $416,765 
Redemption of shares from redeemable noncontrolling interest, net of adjustments
(31,174)(7,008)(80,412)(44,448)
Sale of shares to redeemable noncontrolling interests
12,092 10,500 102,863 142,905 
Net income attributable to redeemable noncontrolling interest
33,963 15,211 42,436 19,396 
Ending balance$696,999 $534,618 $696,999 $534,618 
The activity in redeemable noncontrolling interest – Vermeer is detailed in the table below:
Three months endedNine months ended
September 30,
2020
September 30,
2019
September 30,
2020
September 30,
2019
Beginning balance$1,083,681 $765,450 $1,003,615 $599,989 
Sale of shares to redeemable noncontrolling interest
— — 45,000 150,000 
Net income attributable to redeemable noncontrolling interest
11,954 16,288 47,020 31,749 
Ending balance$1,095,635 $781,738 $1,095,635 $781,738