XML 60 R49.htm IDEA: XBRL DOCUMENT
v3.8.0.1

SUBSIDIARY GUARANTOR FINANCIAL INFORMATION (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Condensed Income Statement [Table Text Block] |
(Amounts in thousands) | Condensed Consolidating Statements of Operations For the Three Months Ended September 30, 2017
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 138,557 |  |  | $ | 232,431 |  |  | $ | — |  |  | $ | 370,988 |
Cost of sales | 99 |  |  | 122,129 |  |  | 209,095 |  |  | — |  |  | 331,323 |
Gross profit (loss) | (99 | ) |  | 16,428 |  |  | 23,336 |  |  | — |  |  | 39,665 |
Selling, general and administrative expenses | 2,100 |  |  | 12,594 |  |  | 25,059 |  |  | — |  |  | 39,753 |
Research and development expenses | — |  |  | 972 |  |  | 1,485 |  |  | — |  |  | 2,457 |
Royalty expense | 217 |  |  | 1,435 |  |  | 944 |  |  | — |  |  | 2,596 |
Income (loss) from operations | (2,416 | ) |  | 1,427 |  |  | (4,152 | ) |  | — |  |  | (5,141 | )
Interest expense | (7,231 | ) |  | — |  |  | (306 | ) |  | — |  |  | (7,537 | )
Intercompany interest income (expense) | 606 |  |  | 983 |  |  | (1,589 | ) |  | — |  |  | — |
Foreign exchange gain (loss) | (2 | ) |  | 71 |  |  | 746 |  |  | — |  |  | 815 |
Other income (expense) | 968 |  |  | (33 | ) |  | 2,106 |  |  | — |  |  | 3,041 |
Income (loss) before income taxes | (8,075 | ) |  | 2,448 |  |  | (3,195 | ) |  | — |  |  | (8,822 | )
Provision for income taxes | 889 |  |  | 994 |  |  | 513 |  |  | — |  |  | 2,396 |
Equity in earnings of subsidiaries | (2,252 | ) |  | — |  |  | (2,306 | ) |  | 4,558 |  |  | — |
Net income (loss) | (11,216 | ) |  | 1,454 |  |  | (6,014 | ) |  | 4,558 |  |  | (11,218 | )
Net income noncontrolling interests | — |  |  | — |  |  | 800 |  |  | — |  |  | 800 |
Net income (loss) attributable to Titan | $ | (11,216 | ) |  | $ | 1,454 |  |  | $ | (6,814 | ) |  | $ | 4,558 |  |  | $ | (12,018 | )
(Amounts in thousands) | Condensed Consolidating Statements of Operations For the Three Months Ended September 30, 2016
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 114,743 |  |  | $ | 191,452 |  |  | $ | — |  |  | $ | 306,195 |
Cost of sales | 87 |  |  | 99,573 |  |  | 171,615 |  |  | — |  |  | 271,275 |
Gross profit (loss) | (87 | ) |  | 15,170 |  |  | 19,837 |  |  | — |  |  | 34,920 |
Selling, general and administrative expenses | 2,556 |  |  | 15,407 |  |  | 18,385 |  |  | — |  |  | 36,348 |
Research and development expenses | — |  |  | 776 |  |  | 1,821 |  |  | — |  |  | 2,597 |
Royalty expense | 125 |  |  | 1,296 |  |  | 864 |  |  | — |  |  | 2,285 |
Loss from operations | (2,768 | ) |  | (2,309 | ) |  | (1,233 | ) |  | — |  |  | (6,310 | )
Interest expense | (8,288 | ) |  | — |  |  | (426 | ) |  | — |  |  | (8,714 | )
Intercompany interest income (expense) | 470 |  |  | — |  |  | (470 | ) |  | — |  |  | — |
Foreign exchange gain | — |  |  | — |  |  | 398 |  |  |  |  |  | 398 |
Other income | 1,256 |  |  | 62 |  |  | 2,260 |  |  | — |  |  | 3,578 |
Income (loss) before income taxes | (9,330 | ) |  | (2,247 | ) |  | 529 |  |  | — |  |  | (11,048 | )
Provision (benefit) for income taxes | (1,935 | ) |  | (1,448 | ) |  | 1,309 |  |  | — |  |  | (2,074 | )
Equity in earnings of subsidiaries | (3,523 | ) |  | — |  |  | (4,037 | ) |  | 7,560 |  |  | — |
Net income (loss) | (10,918 | ) |  | (799 | ) |  | (4,817 | ) |  | 7,560 |  |  | (8,974 | )
Net loss noncontrolling interests | — |  |  | — |  |  | (966 | ) |  | — |  |  | (966 | )
Net income (loss) attributable to Titan | $ | (10,918 | ) |  | $ | (799 | ) |  | $ | (3,851 | ) |  | $ | 7,560 |  |  | $ | (8,008 | )
(Amounts in thousands) | Condensed Consolidating Statements of Operations For the Nine Months Ended September 30, 2017
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 429,636 |  |  | $ | 663,252 |  |  | $ | — |  |  | $ | 1,092,888 |
Cost of sales | 256 |  |  | 378,875 |  |  | 590,801 |  |  | — |  |  | 969,932 |
Gross profit (loss) | (256 | ) |  | 50,761 |  |  | 72,451 |  |  | — |  |  | 122,956 |
Selling, general and administrative expenses | 10,038 |  |  | 43,906 |  |  | 61,609 |  |  | — |  |  | 115,553 |
Research and development expenses | — |  |  | 2,825 |  |  | 5,083 |  |  | — |  |  | 7,908 |
Royalty expense | 883 |  |  | 4,140 |  |  | 2,716 |  |  | — |  |  | 7,739 |
Income (loss) from operations | (11,177 | ) |  | (110 | ) |  | 3,043 |  |  | — |  |  | (8,244 | )
Interest expense | (21,909 | ) |  | — |  |  | (669 | ) |  | — |  |  | (22,578 | )
Intercompany interest income (expense) | 1,775 |  |  | 2,930 |  |  | (4,705 | ) |  | — |  |  | — |
Foreign exchange gain (loss) | (2 | ) |  | 30 |  |  | 20 |  |  | — |  |  | 48 |
Other income (expense) | 3,179 |  |  | (203 | ) |  | 5,422 |  |  | — |  |  | 8,398 |
Income (loss) before income taxes | (28,134 | ) |  | 2,647 |  |  | 3,111 |  |  | — |  |  | (22,376 | )
Provision (benefit) for income taxes | (620 | ) |  | 2,489 |  |  | 4,095 |  |  | — |  |  | 5,964 |
Equity in earnings of subsidiaries | 2,120 |  |  | — |  |  | (10,715 | ) |  | 8,595 |  |  | — |
Net income (loss) | (25,394 | ) |  | 158 |  |  | (11,699 | ) |  | 8,595 |  |  | (28,340 | )
Net income noncontrolling interests | — |  |  | — |  |  | 1,424 |  |  | — |  |  | 1,424 |
Net income (loss) attributable to Titan | $ | (25,394 | ) |  | $ | 158 |  |  | $ | (13,123 | ) |  | $ | 8,595 |  |  | $ | (29,764 | )
(Amounts in thousands) | Condensed Consolidating Statements of Operations For the Nine Months Ended September 30, 2016
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 384,917 |  |  | $ | 573,286 |  |  | $ | — |  |  | $ | 958,203 |
Cost of sales | 659 |  |  | 334,044 |  |  | 516,565 |  |  | — |  |  | 851,268 |
Gross profit (loss) | (659 | ) |  | 50,873 |  |  | 56,721 |  |  | — |  |  | 106,935 |
Selling, general and administrative expenses | 7,907 |  |  | 47,879 |  |  | 51,926 |  |  | — |  |  | 107,712 |
Research and development expenses | — |  |  | 2,221 |  |  | 5,569 |  |  | — |  |  | 7,790 |
Royalty expense | 542 |  |  | 3,573 |  |  | 2,573 |  |  | — |  |  | 6,688 |
Loss from operations | (9,108 | ) |  | (2,800 | ) |  | (3,347 | ) |  | — |  |  | (15,255 | )
Interest expense | (24,382 | ) |  | — |  |  | (826 | ) |  | — |  |  | (25,208 | )
Intercompany interest income (expense) | 1,122 |  |  | — |  |  | (1,122 | ) |  | — |  |  | — |
Foreign exchange gain | — |  |  | 202 |  |  | 7,201 |  |  |  |  |  | 7,403 |
Other income | 1,864 |  |  | 220 |  |  | 8,448 |  |  | — |  |  | 10,532 |
Income (loss) before income taxes | (30,504 | ) |  | (2,378 | ) |  | 10,354 |  |  | — |  |  | (22,528 | )
Provision (benefit) for income taxes | (2,205 | ) |  | 417 |  |  | 4,366 |  |  | — |  |  | 2,578 |
Equity in earnings of subsidiaries | 6,197 |  |  | — |  |  | (6,243 | ) |  | 46 |  |  | — |
Net income (loss) | (22,102 | ) |  | (2,795 | ) |  | (255 | ) |  | 46 |  |  | (25,106 | )
Net loss noncontrolling interests | — |  |  | — |  |  | (1,099 | ) |  | — |  |  | (1,099 | )
Net income (loss) attributable to Titan | $ | (22,102 | ) |  | $ | (2,795 | ) |  | $ | 844 |  |  | $ | 46 |  |  | $ | (24,007 | )
Condensed Statement of Comprehensive Income [Table Text Block] |
(Amounts in thousands) | Condensed Consolidating Statements of Comprehensive Income (Loss) For the Three Months Ended September 30, 2017
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | (11,216 | ) |  | $ | 1,454 |  |  | $ | (6,014 | ) |  | $ | 4,558 |  |  | $ | (11,218 | )
Currency translation adjustment | 14,015 |  |  | — |  |  | 14,015 |  |  | (14,015 | ) |  | 14,015 |
Pension liability adjustments, net of tax | 180 |  |  | 625 |  |  | (445 | ) |  | (180 | ) |  | 180 |
Comprehensive income (loss) | 2,979 |  |  | 2,079 |  |  | 7,556 |  |  | (9,637 | ) |  | 2,977 |
Net comprehensive income attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | 1,436 |  |  | — |  |  | 1,436 |
Comprehensive income (loss) attributable to Titan | $ | 2,979 |  |  | $ | 2,079 |  |  | $ | 6,120 |  |  | $ | (9,637 | ) |  | $ | 1,541 |
(Amounts in thousands) | Condensed Consolidating Statements of Comprehensive Income (Loss) For the Three Months Ended September 30, 2016
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | (10,918 | ) |  | $ | (799 | ) |  | $ | (4,817 | ) |  | $ | 7,560 |  |  | $ | (8,974 | )
Currency translation adjustment | (386 | ) |  | — |  |  | (386 | ) |  | 386 |  |  | (386 | )
Pension liability adjustments, net of tax | 465 |  |  | 734 |  |  | (269 | ) |  | (465 | ) |  | 465 |
Comprehensive income (loss) | (10,839 | ) |  | (65 | ) |  | (5,472 | ) |  | 7,481 |  |  | (8,895 | )
Net comprehensive loss attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | (679 | ) |  | — |  |  | (679 | )
Comprehensive income (loss) attributable to Titan | $ | (10,839 | ) |  | $ | (65 | ) |  | $ | (4,793 | ) |  | $ | 7,481 |  |  | $ | (8,216 | )
(Amounts in thousands) | Condensed Consolidating Statements of Comprehensive Income (Loss) For the Nine Months Ended September 30, 2017
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | (25,394 | ) |  | $ | 158 |  |  | $ | (11,699 | ) |  | $ | 8,595 |  |  | $ | (28,340 | )
Currency translation adjustment | 33,040 |  |  | — |  |  | 33,040 |  |  | (33,040 | ) |  | 33,040 |
Pension liability adjustments, net of tax | 1,902 |  |  | 1,875 |  |  | 27 |  |  | (1,902 | ) |  | 1,902 |
Comprehensive income (loss) | 9,548 |  |  | 2,033 |  |  | 21,368 |  |  | (26,347 | ) |  | 6,602 |
Net comprehensive income attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | 2,657 |  |  | — |  |  | 2,657 |
Comprehensive income (loss) attributable to Titan | $ | 9,548 |  |  | $ | 2,033 |  |  | $ | 18,711 |  |  | $ | (26,347 | ) |  | $ | 3,945 |
(Amounts in thousands) | Condensed Consolidating Statements of Comprehensive Income (Loss) For the Nine Months Ended September 30, 2016
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | (22,102 | ) |  | $ | (2,795 | ) |  | $ | (255 | ) |  | $ | 46 |  |  | $ | (25,106 | )
Currency translation adjustment | 21,545 |  |  | — |  |  | (21,545 | ) |  | 21,545 |  |  | 21,545 |
Pension liability adjustments, net of tax | 1,200 |  |  | 2,202 |  |  | (1,002 | ) |  | (1,200 | ) |  | 1,200 |
Comprehensive income (loss) | 643 |  |  | (593 | ) |  | (22,802 | ) |  | 20,391 |  |  | (2,361 | )
Net comprehensive income attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | 5,427 |  |  | — |  |  | 5,427 |
Comprehensive income (loss) attributable to Titan | $ | 643 |  |  | $ | (593 | ) |  | $ | (28,229 | ) |  | $ | 20,391 |  |  | $ | (7,788 | )
Condensed Balance Sheet [Table Text Block] |
(Amounts in thousands) | Condensed Consolidating Balance Sheets September 30, 2017
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 77,903 |  |  | $ | 10 |  |  | $ | 77,762 |  |  | $ | — |  |  | $ | 155,675 |
Accounts receivable, net | — |  |  | 65,141 |  |  | 171,075 |  |  | — |  |  | 236,216 |
Inventories | — |  |  | 90,857 |  |  | 240,521 |  |  | — |  |  | 331,378 |
Prepaid and other current assets | 6,652 |  |  | 21,131 |  |  | 34,849 |  |  | — |  |  | 62,632 |
Total current assets | 84,555 |  |  | 177,139 |  |  | 524,207 |  |  | — |  |  | 785,901 |
Property, plant and equipment, net | 2,771 |  |  | 112,878 |  |  | 324,429 |  |  | — |  |  | 440,078 |
Investment in subsidiaries | 772,243 |  |  | — |  |  | 75,145 |  |  | (847,388 | ) |  | — |
Other assets | 19,155 |  |  | 969 |  |  | 83,807 |  |  | — |  |  | 103,931 |
Total assets | $ | 878,724 |  |  | $ | 290,986 |  |  | $ | 1,007,588 |  |  | $ | (847,388 | ) |  | $ | 1,329,910 |
Liabilities and Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term debt | $ | — |  |  | $ | — |  |  | $ | 36,174 |  |  | $ | — |  |  | $ | 36,174 |
Accounts payable | (973 | ) |  | 21,547 |  |  | 163,756 |  |  | — |  |  | 184,330 |
Other current liabilities | 33,431 |  |  | 31,579 |  |  | 68,621 |  |  | — |  |  | 133,631 |
Total current liabilities | 32,458 |  |  | 53,126 |  |  | 268,551 |  |  | — |  |  | 354,135 |
Long-term debt | 396,594 |  |  | — |  |  | 14,636 |  |  | — |  |  | 411,230 |
Other long-term liabilities | 23,524 |  |  | 16,516 |  |  | 62,378 |  |  | — |  |  | 102,418 |
Intercompany accounts | 61,666 |  |  | (278,187 | ) |  | 216,521 |  |  | — |  |  | — |
Redeemable noncontrolling interest | — |  |  | — |  |  | 111,016 |  |  | — |  |  | 111,016 |
Titan shareholders' equity | 364,482 |  |  | 499,531 |  |  | 339,306 |  |  | (847,388 | ) |  | 355,931 |
Noncontrolling interests | — |  |  | — |  |  | (4,820 | ) |  | — |  |  | (4,820 | )
Total liabilities and equity | $ | 878,724 |  |  | $ | 290,986 |  |  | $ | 1,007,588 |  |  | $ | (847,388 | ) |  | $ | 1,329,910 |
(Amounts in thousands) | Condensed Consolidating Balance Sheets December 31, 2016
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 86,190 |  |  | $ | 9 |  |  | $ | 61,628 |  |  | $ | — |  |  | $ | 147,827 |
Certificates of deposit | 50,000 |  |  | — |  |  | — |  |  | — |  |  | 50,000 |
Accounts receivable, net | — |  |  | 43,485 |  |  | 135,899 |  |  | — |  |  | 179,384 |
Inventories | — |  |  | 76,823 |  |  | 195,413 |  |  | — |  |  | 272,236 |
Prepaid and other current assets | 11,965 |  |  | 21,901 |  |  | 45,868 |  |  | — |  |  | 79,734 |
Total current assets | 148,155 |  |  | 142,218 |  |  | 438,808 |  |  | — |  |  | 729,181 |
Property, plant and equipment, net | 4,898 |  |  | 124,049 |  |  | 308,254 |  |  | — |  |  | 437,201 |
Investment in subsidiaries | 742,679 |  |  | — |  |  | 87,385 |  |  | (830,064 | ) |  | — |
Other assets | 23,627 |  |  | 1,118 |  |  | 74,769 |  |  | — |  |  | 99,514 |
Total assets | $ | 919,359 |  |  | $ | 267,385 |  |  | $ | 909,216 |  |  | $ | (830,064 | ) |  | $ | 1,265,896 |
Liabilities and Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term debt | $ | 60,148 |  |  | $ | — |  |  | $ | 37,264 |  |  | $ | — |  |  | $ | 97,412 |
Accounts payable | 4,187 |  |  | 14,398 |  |  | 129,670 |  |  | — |  |  | 148,255 |
Other current liabilities | 34,140 |  |  | 34,475 |  |  | 51,822 |  |  | — |  |  | 120,437 |
Total current liabilities | 98,475 |  |  | 48,873 |  |  | 218,756 |  |  | — |  |  | 366,104 |
Long-term debt | 395,852 |  |  | — |  |  | 12,908 |  |  | — |  |  | 408,760 |
Other long-term liabilities | 27,636 |  |  | 18,473 |  |  | 47,235 |  |  | — |  |  | 93,344 |
Intercompany accounts | 94,977 |  |  | (300,823 | ) |  | 205,846 |  |  | — |  |  | — |
Redeemable noncontrolling interest | — |  |  | — |  |  | 104,809 |  |  | — |  |  | 104,809 |
Titan shareholders' equity | 302,419 |  |  | 500,862 |  |  | 323,600 |  |  | (830,064 | ) |  | 296,817 |
Noncontrolling interests | — |  |  | — |  |  | (3,938 | ) |  | — |  |  | (3,938 | )
Total liabilities and equity | $ | 919,359 |  |  | $ | 267,385 |  |  | $ | 909,216 |  |  | $ | (830,064 | ) |  | $ | 1,265,896 |
Condensed Cash Flow Statement [Table Text Block] |
(Amounts in thousands) | Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 30, 2017
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Net cash provided by (used for) operating activities | $ | (53,211 | ) |  | $ | 4,107 |  |  | $ | 33,892 |  |  | $ | (15,212 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | (815 | ) |  | (4,472 | ) |  | (18,293 | ) |  | (23,580 | )
Certificates of deposit | 50,000 |  |  | — |  |  | — |  |  | 50,000 |
Other, net | — |  |  | 366 |  |  | 927 |  |  | 1,293 |
Net cash provided by (used for) investing activities | 49,185 |  |  | (4,106 | ) |  | (17,366 | ) |  | 27,713 |
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | — |  |  | — |  |  | 33,540 |  |  | 33,540 |
Payment on debt | (3,393 | ) |  | — |  |  | (37,610 | ) |  | (41,003 | )
Dividends paid | (868 | ) |  | — |  |  | — |  |  | (868 | )
Net cash used for financing activities | (4,261 | ) |  | — |  |  | (4,070 | ) |  | (8,331 | )
Effect of exchange rate change on cash | — |  |  | — |  |  | 3,678 |  |  | 3,678 |
Net increase (decrease) in cash and cash equivalents | (8,287 | ) |  | 1 |  |  | 16,134 |  |  | 7,848 |
Cash and cash equivalents, beginning of period | 86,190 |  |  | 9 |  |  | 61,628 |  |  | 147,827 |
Cash and cash equivalents, end of period | $ | 77,903 |  |  | $ | 10 |  |  | $ | 77,762 |  |  | $ | 155,675 |
(Amounts in thousands) | Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 30, 2016
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Net cash provided by operating activities | $ | 4,154 |  |  | $ | 5,553 |  |  | $ | 44,277 |  |  | $ | 53,984 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | (657 | ) |  | (5,616 | ) |  | (24,573 | ) |  | (30,846 | )
Other, net | — |  |  | 73 |  |  | 1,614 |  |  | 1,687 |
Net cash used for investing activities | (657 | ) |  | (5,543 | ) |  | (22,959 | ) |  | (29,159 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | — |  |  | — |  |  | 2,390 |  |  | 2,390 |
Payment on debt | — |  |  | — |  |  | (14,042 | ) |  | (14,042 | )
Dividends paid | (810 | ) |  | — |  |  | — |  |  | (810 | )
Net cash used for financing activities | (810 | ) |  | — |  |  | (11,652 | ) |  | (12,462 | )
Effect of exchange rate change on cash | — |  |  | — |  |  | 2,958 |  |  | 2,958 |
Net increase in cash and cash equivalents | 2,687 |  |  | 10 |  |  | 12,624 |  |  | 15,321 |
Cash and cash equivalents, beginning of period | 142,401 |  |  | 4 |  |  | 57,783 |  |  | 200,188 |
Cash and cash equivalents, end of period | $ | 145,088 |  |  | $ | 14 |  |  | $ | 70,407 |  |  | $ | 215,509 |

X
- Definition Tabular disclosure of condensed statement of comprehensive income (loss) including, but not limited to, statements of comprehensive income (loss) of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_CondensedStatementOfComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration