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SUBSIDIARY GUARANTOR FINANCIAL INFORMATION (Tables) | 9 Months Ended
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Sep. 30, 2019
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, 2019
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 141,133 |  |  | $ | 345,992 |  |  | $ | (141,220 | ) |  | $ | 345,905 |
Cost of sales | 107 |  |  | 134,169 |  |  | 325,749 |  |  | (141,220 | ) |  | 318,805 |
Gross (loss) profit | (107 | ) |  | 6,964 |  |  | 20,243 |  |  | — |  |  | 27,100 |
Selling, general and administrative expenses | 1,513 |  |  | 12,094 |  |  | 21,347 |  |  | — |  |  | 34,954 |
Research and development expenses | 276 |  |  | 678 |  |  | 1,355 |  |  | — |  |  | 2,309 |
Royalty expense | 679 |  |  | 860 |  |  | 914 |  |  | — |  |  | 2,453 |
Loss from operations | (2,575 | ) |  | (6,668 | ) |  | (3,373 | ) |  | — |  |  | (12,616 | )
Interest expense | (7,350 | ) |  | (5 | ) |  | (1,002 | ) |  | — |  |  | (8,357 | )
Intercompany interest income (expense) | 884 |  |  | 841 |  |  | (1,725 | ) |  | — |  |  | — |
Foreign exchange loss | (47 | ) |  | (152 | ) |  | (2,067 | ) |  | — |  |  | (2,266 | )
Other income (expense) | 427 |  |  | (518 | ) |  | 5,350 |  |  | — |  |  | 5,259 |
Loss before income taxes | (8,661 | ) |  | (6,502 | ) |  | (2,817 | ) |  | — |  |  | (17,980 | )
Provision for income taxes | 635 |  |  | 126 |  |  | 1,303 |  |  | — |  |  | 2,064 |
Equity in earnings of subsidiaries | (10,748 | ) |  | — |  |  | (1,851 | ) |  | 12,599 |  |  | — |
Net (loss) income | (20,044 | ) |  | (6,628 | ) |  | (5,971 | ) |  | 12,599 |  |  | (20,044 | )
Net loss attributable to noncontrolling interests | — |  |  | — |  |  | (900 | ) |  | — |  |  | (900 | )
Net (loss) income attributable to Titan | $ | (20,044 | ) |  | $ | (6,628 | ) |  | $ | (5,071 | ) |  | $ | 12,599 |  |  | $ | (19,144 | )
(Amounts in thousands) | Condensed Consolidating Statements of Operations For the Three Months Ended September 30, 2018
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 142,040 |  |  | $ | 384,510 |  |  | $ | (141,831 | ) |  | $ | 384,719 |
Cost of sales | 150 |  |  | 128,270 |  |  | 354,426 |  |  | (141,831 | ) |  | 341,015 |
Gross (loss) profit | (150 | ) |  | 13,770 |  |  | 30,084 |  |  | — |  |  | 43,704 |
Selling, general and administrative expenses | 317 |  |  | 14,017 |  |  | 19,375 |  |  | — |  |  | 33,709 |
Research and development expenses | 332 |  |  | 936 |  |  | 1,323 |  |  | — |  |  | 2,591 |
Royalty expense | 594 |  |  | 943 |  |  | 1,044 |  |  | — |  |  | 2,581 |
(Loss) income from operations | (1,393 | ) |  | (2,126 | ) |  | 8,342 |  |  | — |  |  | 4,823 |
Interest expense | (6,817 | ) |  | — |  |  | (779 | ) |  | — |  |  | (7,596 | )
Intercompany interest income (expense) | 634 |  |  | 839 |  |  | (1,473 | ) |  | — |  |  | — |
Foreign exchange (loss) gain | — |  |  | (57 | ) |  | 912 |  |  | — |  |  | 855 |
Other income (loss) | 5,421 |  |  | (116 | ) |  | 2,132 |  |  | — |  |  | 7,437 |
(Loss) income before income taxes | (2,155 | ) |  | (1,460 | ) |  | 9,134 |  |  | — |  |  | 5,519 |
Provision for income taxes | 423 |  |  | 614 |  |  | 1,804 |  |  | — |  |  | 2,841 |
Equity in earnings of subsidiaries | 5,256 |  |  | — |  |  | (1,984 | ) |  | (3,272 | ) |  | — |
Net income (loss) | 2,678 |  |  | (2,074 | ) |  | 5,346 |  |  | (3,272 | ) |  | 2,678 |
Net income attributable to noncontrolling interests | — |  |  | — |  |  | 383 |  |  | — |  |  | 383 |
Net income (loss) attributable to Titan | $ | 2,678 |  |  | $ | (2,074 | ) |  | $ | 4,963 |  |  | $ | (3,272 | ) |  | $ | 2,295 |
(Amounts in thousands) | Condensed Consolidating Statements of Operations For the Nine Months Ended September 30, 2019
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 475,652 |  |  | $ | 1,147,568 |  |  | $ | (476,344 | ) |  | $ | 1,146,876 |
Cost of sales | 248 |  |  | 438,535 |  |  | 1,073,765 |  |  | (476,344 | ) |  | 1,036,204 |
Gross (loss) profit | (248 | ) |  | 37,117 |  |  | 73,803 |  |  | — |  |  | 110,672 |
Selling, general and administrative expenses | 4,694 |  |  | 35,299 |  |  | 66,612 |  |  | — |  |  | 106,605 |
Research and development expenses | 768 |  |  | 2,263 |  |  | 4,439 |  |  | — |  |  | 7,470 |
Royalty expense | 1,743 |  |  | 3,005 |  |  | 2,759 |  |  | — |  |  | 7,507 |
Loss from operations | (7,453 | ) |  | (3,450 | ) |  | (7 | ) |  | — |  |  | (10,910 | )
Interest expense | (21,520 | ) |  | (5 | ) |  | (3,060 | ) |  | — |  |  | (24,585 | )
Intercompany interest income (expense) | 2,158 |  |  | 2,731 |  |  | (4,889 | ) |  | — |  |  | — |
Foreign exchange (loss) gain | (69 | ) |  | (156 | ) |  | 2,443 |  |  | — |  |  | 2,218 |
Other income (expense) | 1,371 |  |  | (1,596 | ) |  | 8,549 |  |  | — |  |  | 8,324 |
(Loss) income before income taxes | (25,513 | ) |  | (2,476 | ) |  | 3,036 |  |  | — |  |  | (24,953 | )
(Benefit) provision for income taxes | (6,390 | ) |  | 410 |  |  | 6,741 |  |  | — |  |  | 761 |
Equity in earnings of subsidiaries | (6,591 | ) |  | — |  |  | (1,320 | ) |  | 7,911 |  |  | — |
Net (loss) income | (25,714 | ) |  | (2,886 | ) |  | (5,025 | ) |  | 7,911 |  |  | (25,714 | )
Net loss attributable to noncontrolling interests | — |  |  | — |  |  | (2,124 | ) |  | — |  |  | (2,124 | )
Net (loss) income attributable to Titan | $ | (25,714 | ) |  | $ | (2,886 | ) |  | $ | (2,901 | ) |  | $ | 7,911 |  |  | $ | (23,590 | )
(Amounts in thousands) | Condensed Consolidating Statements of Operations For the Nine Months Ended September 30, 2018
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 479,557 |  |  | $ | 901,279 |  |  | $ | (141,831 | ) |  | $ | 1,239,005 |
Cost of sales | 396 |  |  | 410,008 |  |  | 808,855 |  |  | (141,831 | ) |  | 1,077,428 |
Gross (loss) profit | (396 | ) |  | 69,549 |  |  | 92,424 |  |  | — |  |  | 161,577 |
Selling, general and administrative expenses | 3,191 |  |  | 46,276 |  |  | 52,841 |  |  | — |  |  | 102,308 |
Research and development expenses | 825 |  |  | 2,905 |  |  | 4,492 |  |  | — |  |  | 8,222 |
Royalty expense | 1,475 |  |  | 3,396 |  |  | 3,007 |  |  | — |  |  | 7,878 |
(Loss) income from operations | (5,887 | ) |  | 16,972 |  |  | 32,084 |  |  | — |  |  | 43,169 |
Interest expense | (20,456 | ) |  | — |  |  | (2,330 | ) |  | — |  |  | (22,786 | )
Intercompany interest income (expense) | 1,886 |  |  | 2,761 |  |  | (4,647 | ) |  | — |  |  | — |
Foreign exchange loss | — |  |  | (727 | ) |  | (6,460 | ) |  | — |  |  | (7,187 | )
Other income (expense) | 12,051 |  |  | (428 | ) |  | 6,041 |  |  | — |  |  | 17,664 |
(Loss) income before income taxes | (12,406 | ) |  | 18,578 |  |  | 24,688 |  |  | — |  |  | 30,860 |
(Benefit) provision for income taxes | (12,033 | ) |  | 7,918 |  |  | 7,853 |  |  | — |  |  | 3,738 |
Equity in earnings of subsidiaries | 27,495 |  |  | — |  |  | (1,459 | ) |  | (26,036 | ) |  | — |
Net income (loss) | 27,122 |  |  | 10,660 |  |  | 15,376 |  |  | (26,036 | ) |  | 27,122 |
Net loss attributable to noncontrolling interests | — |  |  | — |  |  | (1,256 | ) |  | — |  |  | (1,256 | )
Net income (loss) attributable to Titan | $ | 27,122 |  |  | $ | 10,660 |  |  | $ | 16,632 |  |  | $ | (26,036 | ) |  | $ | 28,378 |
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, 2019
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net (loss) income | $ | (20,044 | ) |  | $ | (6,628 | ) |  | $ | (5,971 | ) |  | $ | 12,599 |  |  | $ | (20,044 | )
Currency translation adjustment | (20,324 | ) |  | — |  |  | (20,324 | ) |  | 20,324 |  |  | (20,324 | )
Pension liability adjustments, net of tax | 590 |  |  | 753 |  |  | (163 | ) |  | (590 | ) |  | 590 |
Comprehensive (loss) income | (39,778 | ) |  | (5,875 | ) |  | (26,458 | ) |  | 32,333 |  |  | (39,778 | )
Net comprehensive loss attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | (1,213 | ) |  | — |  |  | (1,213 | )
Comprehensive (loss) income attributable to Titan | $ | (39,778 | ) |  | $ | (5,875 | ) |  | $ | (25,245 | ) |  | $ | 32,333 |  |  | $ | (38,565 | )
(Amounts in thousands) | Condensed Consolidating Statements of Comprehensive Income (Loss) For the Three Months Ended September 30, 2018
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | 2,678 |  |  | $ | (2,074 | ) |  | $ | 5,346 |  |  | $ | (3,272 | ) |  | $ | 2,678 |
Currency translation adjustment | (13,577 | ) |  | — |  |  | (13,577 | ) |  | 13,577 |  |  | (13,577 | )
Pension liability adjustments, net of tax | 733 |  |  | 646 |  |  | 87 |  |  | (733 | ) |  | 733 |
Comprehensive (loss) income | (10,166 | ) |  | (1,428 | ) |  | (8,144 | ) |  | 9,572 |  |  | (10,166 | )
Net comprehensive loss attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | (811 | ) |  | — |  |  | (811 | )
Comprehensive (loss) income attributable to Titan | $ | (10,166 | ) |  | $ | (1,428 | ) |  | $ | (7,333 | ) |  | $ | 9,572 |  |  | $ | (9,355 | )
(Amounts in thousands) | Condensed Consolidating Statements of Comprehensive Income (Loss) For the Nine Months Ended September 30, 2019
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net (loss) income | $ | (25,714 | ) |  | $ | (2,886 | ) |  | $ | (5,025 | ) |  | $ | 7,911 |  |  | $ | (25,714 | )
Currency translation adjustment | (19,280 | ) |  | — |  |  | (19,280 | ) |  | 19,280 |  |  | (19,280 | )
Pension liability adjustments, net of tax | 1,594 |  |  | 2,256 |  |  | (662 | ) |  | (1,594 | ) |  | 1,594 |
Comprehensive (loss) income | (43,400 | ) |  | (630 | ) |  | (24,967 | ) |  | 25,597 |  |  | (43,400 | )
Net comprehensive loss attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | (897 | ) |  | — |  |  | (897 | )
Comprehensive (loss) income attributable to Titan | $ | (43,400 | ) |  | $ | (630 | ) |  | $ | (24,070 | ) |  | $ | 25,597 |  |  | $ | (42,503 | )
(Amounts in thousands) | Condensed Consolidating Statements of Comprehensive Income (Loss) For the Nine Months Ended September 30, 2018
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | 27,122 |  |  | $ | 10,660 |  |  | $ | 15,376 |  |  | $ | (26,036 | ) |  | $ | 27,122 |
Currency translation adjustment | (43,853 | ) |  | — |  |  | (43,853 | ) |  | 43,853 |  |  | (43,853 | )
Pension liability adjustments, net of tax | 2,306 |  |  | 1,938 |  |  | 368 |  |  | (2,306 | ) |  | 2,306 |
Comprehensive (loss) income | (14,425 | ) |  | 12,598 |  |  | (28,109 | ) |  | 15,511 |  |  | (14,425 | )
Net comprehensive loss attributable to redeemable and noncontrolling interests | — |  |  | — |  |  | (4,036 | ) |  | — |  |  | (4,036 | )
Comprehensive (loss) income attributable to Titan | $ | (14,425 | ) |  | $ | 12,598 |  |  | $ | (24,073 | ) |  | $ | 15,511 |  |  | $ | (10,389 | )
Condensed Balance Sheet [Table Text Block] |
(Amounts in thousands) | Condensed Consolidating Balance Sheets September 30, 2019
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 12,669 |  |  | $ | 7 |  |  | $ | 65,927 |  |  | $ | — |  |  | $ | 78,603 |
Accounts receivable, net | (596 | ) |  | 71 |  |  | 221,753 |  |  | — |  |  | 221,228 |
Inventories | — |  |  | 49,910 |  |  | 301,961 |  |  | — |  |  | 351,871 |
Prepaid and other current assets | 3,117 |  |  | 17,441 |  |  | 60,134 |  |  | — |  |  | 80,692 |
Total current assets | 15,190 |  |  | 67,429 |  |  | 649,775 |  |  | — |  |  | 732,394 |
Property, plant and equipment, net | 11,086 |  |  | 93,010 |  |  | 262,025 |  |  | — |  |  | 366,121 |
Investment in subsidiaries | 760,072 |  |  | — |  |  | 64,300 |  |  | (824,372 | ) |  | — |
Other assets | 2,722 |  |  | 4,677 |  |  | 83,688 |  |  | — |  |  | 91,087 |
Total assets | $ | 789,070 |  |  | $ | 165,116 |  |  | $ | 1,059,788 |  |  | $ | (824,372 | ) |  | $ | 1,189,602 |
Liabilities and Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term debt | $ | 505 |  |  | $ | 68 |  |  | $ | 63,655 |  |  | $ | — |  |  | $ | 64,228 |
Accounts payable | 4,783 |  |  | 29,429 |  |  | 148,125 |  |  | — |  |  | 182,337 |
Other current liabilities | 23,467 |  |  | 21,269 |  |  | 74,647 |  |  | — |  |  | 119,383 |
Total current liabilities | 28,755 |  |  | 50,766 |  |  | 286,427 |  |  | — |  |  | 365,948 |
Long-term debt | 456,156 |  |  | 219 |  |  | 8,452 |  |  | — |  |  | 464,827 |
Other long-term liabilities | 5,204 |  |  | 19,082 |  |  | 61,365 |  |  | — |  |  | 85,651 |
Intercompany accounts | 13,756 |  |  | (411,185 | ) |  | 397,429 |  |  | — |  |  | — |
Redeemable noncontrolling interest | — |  |  | — |  |  | 25,000 |  |  | — |  |  | 25,000 |
Titan shareholders' equity | 285,199 |  |  | 506,234 |  |  | 277,170 |  |  | (824,372 | ) |  | 244,231 |
Noncontrolling interests | — |  |  | — |  |  | 3,945 |  |  | — |  |  | 3,945 |
Total liabilities and equity | $ | 789,070 |  |  | $ | 165,116 |  |  | $ | 1,059,788 |  |  | $ | (824,372 | ) |  | $ | 1,189,602 |
(Amounts in thousands) | Condensed Consolidating Balance Sheets December 31, 2018
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 23,630 |  |  | $ | 4 |  |  | $ | 58,051 |  |  | $ | — |  |  | $ | 81,685 |
Accounts receivable, net | — |  |  | — |  |  | 241,832 |  |  | — |  |  | 241,832 |
Inventories | — |  |  | 68,858 |  |  | 326,877 |  |  | — |  |  | 395,735 |
Prepaid and other current assets | 3,853 |  |  | 18,845 |  |  | 37,531 |  |  | — |  |  | 60,229 |
Total current assets | 27,483 |  |  | 87,707 |  |  | 664,291 |  |  | — |  |  | 779,481 |
Property, plant and equipment, net | 12,493 |  |  | 98,856 |  |  | 273,523 |  |  | — |  |  | 384,872 |
Investment in subsidiaries | 749,645 |  |  | — |  |  | 66,308 |  |  | (815,953 | ) |  | — |
Other assets | 6,268 |  |  | 944 |  |  | 79,691 |  |  | — |  |  | 86,903 |
Total assets | $ | 795,889 |  |  | $ | 187,507 |  |  | $ | 1,083,813 |  |  | $ | (815,953 | ) |  | $ | 1,251,256 |
Liabilities and Equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Short-term debt | $ | 419 |  |  | $ | — |  |  | $ | 51,466 |  |  | $ | — |  |  | $ | 51,885 |
Accounts payable | 1,447 |  |  | 29,922 |  |  | 180,760 |  |  | — |  |  | 212,129 |
Other current liabilities | 22,065 |  |  | 20,051 |  |  | 68,938 |  |  | — |  |  | 111,054 |
Total current liabilities | 23,931 |  |  | 49,973 |  |  | 301,164 |  |  | — |  |  | 375,068 |
Long-term debt | 396,700 |  |  | — |  |  | 12,872 |  |  | — |  |  | 409,572 |
Other long-term liabilities | 9,268 |  |  | 17,521 |  |  | 49,917 |  |  | — |  |  | 76,706 |
Intercompany accounts | 77,363 |  |  | (390,382 | ) |  | 313,019 |  |  | — |  |  | — |
Redeemable noncontrolling interest | — |  |  | — |  |  | 119,813 |  |  | — |  |  | 119,813 |
Titan shareholders' equity | 288,627 |  |  | 510,395 |  |  | 295,979 |  |  | (815,953 | ) |  | 279,048 |
Noncontrolling interests | — |  |  | — |  |  | (8,951 | ) |  | — |  |  | (8,951 | )
Total liabilities and equity | $ | 795,889 |  |  | $ | 187,507 |  |  | $ | 1,083,813 |  |  | $ | (815,953 | ) |  | $ | 1,251,256 |
Condensed Cash Flow Statement [Table Text Block] |
(Amounts in thousands) | Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 30, 2019
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Net cash provided by operating activities | $ | 2,683 |  |  | $ | 5,742 |  |  | $ | 22,787 |  |  | $ | 31,212 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | (21 | ) |  | (6,207 | ) |  | (20,026 | ) |  | (26,254 | )
Payments related to redeemable noncontrolling interest | (71,722 | ) |  | — |  |  | — |  |  | (71,722 | )
Other, net | — |  |  | 181 |  |  | 1,173 |  |  | 1,354 |
Net cash used for investing activities | (71,743 | ) |  | (6,026 | ) |  | (18,853 | ) |  | (96,622 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | 73,000 |  |  | 287 |  |  | 50,866 |  |  | 124,153 |
Payment on debt | (14,000 | ) |  | — |  |  | (45,296 | ) |  | (59,296 | )
Dividends paid | (901 | ) |  | — |  |  | — |  |  | (901 | )
Net cash provided by financing activities | 58,099 |  |  | 287 |  |  | 5,570 |  |  | 63,956 |
Effect of exchange rate change on cash | — |  |  | — |  |  | (1,628 | ) |  | (1,628 | )
Net (decrease) increase in cash and cash equivalents | (10,961 | ) |  | 3 |  |  | 7,876 |  |  | (3,082 | )
Cash and cash equivalents, beginning of period | 23,630 |  |  | 4 |  |  | 58,051 |  |  | 81,685 |
Cash and cash equivalents, end of period | $ | 12,669 |  |  | $ | 7 |  |  | $ | 65,927 |  |  | $ | 78,603 |
(Amounts in thousands) | Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 30, 2018
| Titan Intl., Inc. (Parent) |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Net cash (used for) provided by operating activities | $ | (22,905 | ) |  | $ | 3,827 |  |  | $ | (13,628 | ) |  | $ | (32,706 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |
Capital expenditures | (259 | ) |  | (3,836 | ) |  | (22,403 | ) |  | (26,498 | )
Other, net | 740 |  |  | 1 |  |  | 743 |  |  | 1,484 |
Net cash provided by (used for) investing activities | 481 |  |  | (3,835 | ) |  | (21,660 | ) |  | (25,014 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings | — |  |  | — |  |  | 48,108 |  |  | 48,108 |
Payment on debt | — |  |  | — |  |  | (30,139 | ) |  | (30,139 | )
Dividends paid | (900 | ) |  | — |  |  | — |  |  | (900 | )
Net cash (used for) provided by financing activities | (900 | ) |  | — |  |  | 17,969 |  |  | 17,069 |
Effect of exchange rate change on cash | — |  |  | — |  |  | (6,120 | ) |  | (6,120 | )
Net decrease in cash and cash equivalents | (23,324 | ) |  | (8 | ) |  | (23,439 | ) |  | (46,771 | )
Cash and cash equivalents, beginning of period | 59,740 |  |  | 13 |  |  | 83,817 |  |  | 143,570 |
Cash and cash equivalents, end of period | $ | 36,416 |  |  | $ | 5 |  |  | $ | 60,378 |  |  | $ | 96,799 |

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