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SUBSEQUENT EVENTS (Notes) | 9 Months Ended
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Sep. 30, 2019
Subsequent Events [Abstract] |
Subsequent Events [Text Block] | SUBSEQUENT EVENTS On October 3, 2019, through one of its wholly-owned subsidiaries, the Company completed the sale of shares of Wheels India Limited (“Wheels India”) in on-market trades on the National Stock Exchange of India Ltd. The sale reduced the Company’s indirect ownership interest in Wheels India from approximately 34.2% of the outstanding shares of Wheels India to approximately 23.8%. On October 3, 2019, the Company received net proceeds from the on-market trades of approximately $19 million, net of charges, discounts and commissions, which Titan used to pay down outstanding indebtedness. A gain of $4.7 million was recorded on the transaction in the quarter ended September 30, 2019, based on the date of the trade.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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