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Supplemental Cash Flow Disclosure
6 Months Ended
Jun. 30, 2013
Supplemental Cash Flow Disclosure [Abstract]  
Supplemental Cash Flow Disclosure

 

 

19. SUPPLEMENTAL CASH FLOW DISCLOSURE

Interest paid by the Company on its debt was $1,522 and $2,721 for the six months ended June 30, 2013 and 2012, respectively.

The Company paid income taxes of $281 and $111 for the six months ended June 30, 2013 and 2012, respectively. The Company received $19 and $0 income tax refunds for the six months ended June 30, 2013 and 2012, respectively.

For the six months ended June 30, 2013, the Company had the following significant non-cash transactions that are not reflected on the statement of cash flows:

•       The Company acquired additional units of the Operating LLC pursuant to the UIS Agreement and in connection with the redemption of vested Operating LLC units by IFMI. The Company recognized a net increase in additional paid-in capital of $634, a net decrease of $25 in accumulated other comprehensive income, and a decrease of $609 in non-controlling interest. See note 14.  

•       In connection with the Star Asia Manager Repurchase Transaction, the Company reclassified $705 from investment in equity method affiliates and re-allocated it to certain balance sheet accounts to reflect Star Asia Manager becoming a consolidated subsidiary of the Company. See note 4.

 

For the six months ended June 30, 2012, the Company had the following significant non-cash transactions that are not reflected on the statement of cash flows:

 

•       The Company recognized a net increase in additional paid-in capital of $828, a net decrease of $28 in accumulated other comprehensive income, and a decrease of $800 in non-controlling interest as a result of additional units of the Operating LLC issued to IFMI as a result of the UIS agreement and redemption of vested Operating LLC units by IFMI.

 

•       The Company reclassified $6,071 from redeemable non-controlling interest to mandatorily redeemable equity interests in its consolidated balance sheets due to partnership withdrawals from PrinceRidge.