XML 40 R29.htm IDEA: XBRL DOCUMENT v3.22.1

Noncontrolling Interests (Tables)

3 Months Ended

Mar. 31, 2022

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:

						March 31, 2022						December 31, 2021
			Redeemable noncontrolling interest - DaVinciRe			$	1,775,503					$	1,499,451
			Redeemable noncontrolling interest - Medici			941,912						856,820
			Redeemable noncontrolling interest - Vermeer			1,246,480						1,197,782
			Redeemable noncontrolling interests			$	3,963,895					$	3,554,053

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

						Three months ended
						March 31, 2022						March 31, 2021
			Redeemable noncontrolling interest - DaVinciRe			$	(25,323)					$	(39,934)
			Redeemable noncontrolling interest - Medici			(5,287)						(13,443)
			Redeemable noncontrolling interest - Vermeer			18,698						6,527
			Net income (loss) attributable to redeemable noncontrolling interests			$	(11,912)					$	(46,850)

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

						Three months ended
						March 31, 2022						March 31, 2021
			Beginning balance			$	1,499,451					$	1,560,693
			Redemption of shares from redeemable noncontrolling interests, net of adjustments			(87,428)						(155,971)
			Sale of shares to redeemable noncontrolling interests, net of adjustments			388,803						190,926
			Net income (loss) attributable to redeemable noncontrolling interest			(25,323)						(39,934)
			Ending balance			$	1,775,503					$	1,555,714

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

						Three months ended
						March 31, 2022						March 31, 2021
			Beginning balance			$	856,820					$	717,999
			Redemption of shares from redeemable noncontrolling interests, net of adjustments			(76,908)						(7,699)
			Sale of shares to redeemable noncontrolling interests			167,287						40,845
			Net income (loss) attributable to redeemable noncontrolling interest			(5,287)						(13,443)
			Ending balance			$	941,912					$	737,702

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

						Three months ended
						March 31, 2022						March 31, 2021
			Beginning balance			$	1,197,782					$	1,109,627
			Sale of shares to redeemable noncontrolling interest			30,000						—
			Net income (loss) attributable to redeemable noncontrolling interest			18,698						6,527
			Ending balance			$	1,246,480					$	1,116,154

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:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration