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Noncontrolling and Redeemable Noncontrolling Interests (Notes) | 12 Months Ended
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Dec. 31, 2018
Noncontrolling Interest [Abstract] |
Noncontrolling and Redeemable Noncontrolling Interests | Noncontrolling and Redeemable Noncontrolling Interests When acquiring less than 100% ownership of an entity, the Company may enter into agreements that give the Company an option to purchase, or require the Company to purchase, the incremental ownership interests under certain circumstances. Where the option to purchase the incremental ownership is within the Company’s control, the amounts are recorded as noncontrolling interests in the equity section of the Company’s Consolidated Balance Sheets. Where the incremental purchase may be required of the Company, the amounts are recorded as redeemable noncontrolling interests in mezzanine equity at their estimated acquisition date redemption value and adjusted at each reporting period for changes to their estimated redemption value through additional paid-in capital (but not less than their initial redemption value), except for foreign currency translation adjustments. On occasion, the Company may initiate a renegotiation to acquire an incremental ownership interest and the amount of consideration paid may differ materially from the amounts recorded in the Company’s Consolidated Balance Sheets. Noncontrolling Interests Changes in amounts due to noncontrolling interest holders included in accruals and other liabilities on the Consolidated Balance Sheets for the twelve months ended December 31, 2018 and 2017 were as follows:
| Noncontrolling Interests
Balance, December 31, 2016 | $ | 4,154 |
Income attributable to noncontrolling interests | 15,375 |
Distributions made | (8,865 | )
Other (1) | 366 |
Balance, December 31, 2017 | $ | 11,030 |
Income attributable to noncontrolling interests | 11,785 |
Distributions made | (13,419 | )
Other (1) | (118 | )
Balance, December 31, 2018 | $ | 9,278 |
(1) Other consists of cumulative translation adjustments. Changes in the Company’s ownership interests in our less than 100% owned subsidiaries during the three years ended December 31, were as follows:
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Net income (loss) attributable to MDC Partners Inc. | $ | (123,733 | ) |  | $ | 241,848 |  |  | $ | (45,839 | )
Transfers from the noncontrolling interests |  |  |  |  |  |  |  |
Increase in MDC Partners Inc. paid-in capital for purchase of equity interests in excess of noncontrolling interests and redeemable noncontrolling interests | 10,140 |  |  | 2,315 |  |  | 22,776 |
Net transfers from noncontrolling interests | $ | 10,140 |  |  | $ | 2,315 |  |  | $ | 22,776 |
Change from net income (loss) attributable to MDC Partners Inc. and transfers (to) from noncontrolling interests | $ | (113,593 | ) |  | $ | 244,163 |  |  | $ | (23,063 | )
Redeemable Noncontrolling Interests The following table presents changes in redeemable noncontrolling interests as of December 31, 2018 and 2017:
| 2018 |  | 2017
Beginning Balance | $ | 62,886 |  |  | $ | 60,180 |
Redemptions | (11,943 | ) |  | (910 | )
Granted | — |  |  | 1,666 |
Changes in redemption value | 1,067 |  |  | 1,498 |
Currency translation adjustments | (464 | ) |  | 452 |
Ending balance | $ | 51,546 |  |  | $ | 62,886 |
The noncontrolling shareholders’ ability to exercise any such option right is subject to the satisfaction of certain conditions, including conditions requiring notice in advance of exercise and specific employment termination conditions. In addition, these rights cannot be exercised prior to specified staggered exercise dates. The exercise of these rights at their earliest contractual date would result in obligations of the Company to fund the related amounts during 2019 to 2024. It is not determinable, at this time, if or when the owners of these rights will exercise all or a portion of these rights. The redeemable noncontrolling interest of $51,546 as of December 31, 2018, consists of $17,373 assuming that the subsidiaries perform over the relevant future periods at their discounted cash flows earnings level and such rights are exercised,$31,567 upon termination of such owner’s employment with the applicable subsidiary or death and $2,606 representing the initial redemption value (required floor) recorded for certain acquisitions in excess of the amount the Company would have to pay should the Company acquire the remaining ownership interests for such subsidiaries. These adjustments will not impact the calculation of earnings (loss) per share if the redemption values are less than the estimated fair values. There was no related impact on the Company’s income (loss) per share calculations.

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- 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -URI http://asc.fasb.org/topic&trid=2197479 + Details
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- References No definition available. + Details
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