XML 117 R51.htm IDEA: XBRL DOCUMENT v2.4.1.9
Non-controlling interests (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Noncontrolling Interest [Abstract]    
Schedule of noncontrolling interests
Non-controlling interests as of September 30, 2014 and December 31, 2013 are as follows:
 
September 30, 2014
 
December 31, 2013
 
($ in thousands)
Catastrophe Fund
$
59,277

 
$
49,254

Catastrophe Fund Manager
(254
)
 
(236
)
Joint Venture - Third Point Advisors LLC share
20,302

 
69,717

 
$
79,325

 
$
118,735


Income (loss) attributable to non-controlling interests for the three and nine months ended September 30, 2014 and 2013 was:
 
For the three months ended
 
For the nine months ended
 
September 30,
2014
 
September 30,
2013
 
September 30,
2014
 
September 30,
2013
 
($ in thousands)
Catastrophe Fund
$
3,253

 
$
2,434

 
$
3,872

 
$
3,191

Catastrophe Fund Manager
72

 
(2
)
 
(18
)
 
(164
)
Joint Venture - Third Point Advisors LLC share
92

 
386

 
1,586

 
1,175

 
$
3,417

 
$
2,818

 
$
5,440

 
$
4,202

Non-controlling interests represent the portion of equity in consolidated subsidiaries not attributable, directly or indirectly, to the Company. The ownership interests in consolidated subsidiaries held by parties other than the Company have been presented in the consolidated balance sheets, as a separate component of shareholders’ equity. Non-controlling interests as of December 31, 2013 and 2012 are as follows:
 
December 31, 2013
 
December 31, 2012
 
($ in thousands)
Catastrophe Fund
$
49,254

 
$
19,646

Catastrophe Fund Manager
(236
)
 
2

Joint Venture - Third Point Advisors LLC share
69,717

 
40,129

 
$
118,735

 
$
59,777


Income (loss) attributable to non-controlling interests for the years ended December 31, 2013 and 2012 was:
 
 
2013
 
2012
 
($ in thousands)
Catastrophe Fund
 
$
4,284

 
$

Catastrophe Fund Manager
 
(238
)
 

Joint Venture - Third Point Advisors LLC share
 
1,721

 
1,216

 
 
$
5,767

 
$
1,216