Noncontrolling Interest

3 Months Ended

Mar. 31, 2013

NONCONTROLLING INTEREST

Noncontrolling interest represents: (i) the 50% interest in Borgata, held by the Divestiture Trust for the economic benefit of MGM, which was initially recorded at fair value at the date of the effective change in control, on March 24, 2010; and (ii) until the Echelon Transaction, which closed on March 4, 2013, all 100% of the members' equity interest in LVE, the variable interest entity which had been consolidated in our financial statements, but in which we hold no equity interest.

Changes in the noncontrolling interest during the three months ended March 31, 2013 are as follows:



	Three Months Ended March 31, 2013
	Borgata			LVE			Other		Total
	(In thousands)
Balance, January 1, 2013	$	208,277		$	(44,961	)	$	20	$	163,336
Attributable net loss	(3,900		)	(443		)	—		(4,343		)
Comprehensive income	—			—			—		—
Deconsolidation of LVE on March 4, 2013	—			45,404			—		45,404
Balance, March 31, 2013	$	204,377		$	—		$	20	$	204,397

- 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.

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