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Related Party Transactions | 9 Months Ended
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Sep. 30, 2019
Related Party Transactions [Abstract] |
Related Party Transactions | Related Party TransactionsDuring the three and nine months ended September 30, 2019, NSP China did not borrow any amounts from the Company or our joint venture partner. During the three and nine months ended September 30, 2018, NSP China borrowed $2.0 million and $4.0 million from the Company and $0.5 million and $1.0 million from our joint venture partner, respectively. These notes are payable in one year and bear interest of 3.0 percent. During the current period, the term of these notes have been extended one year. As of September 30, 2019 and December 31, 2018 outstanding borrowings by NSP China from the Company were $6.0 million and $6.0 million, respectively. As of September 30, 2019 and December 31, 2018 outstanding borrowings by NSP China from our joint venture partner were $1.5 million and $1.5 million, respectively. The notes between NSP China and the Company eliminate in consolidation.

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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