NONCONTROLLING INTEREST (Tables)

6 Months Ended

Jun. 30, 2020

NONCONTROLLING INTEREST [Abstract]

Noncontrolling Interest Rollforward

The following table reconciles equity attributable to noncontrolling interest in the Company’s subsidiary (in thousands):

	Six Months Ended June 30,
	2020		2019
Noncontrolling interest, January 1	$	13,186	$	7,677
Net income attributable to noncontrolling interest		3,880		3,290
Dividends distributed to noncontrolling interest		(4,850)		(2,250)
Equity contribution		—		3,362
Foreign currency translation adjustments		(313)		—
Noncontrolling interest, June 30	$	11,903	$	12,079