Redeemable Noncontrolling Interests

6 Months Ended

Jun. 30, 2013

Note 5 – Redeemable Noncontrolling Interests

We have noncontrolling interests in majority owned entities, which are carried at fair market value as the noncontrolling interests contain certain rights, whereby we may acquire and the minority shareholders may sell to us the additional shares of the companies. A reconciliation of redeemable noncontrolling interest for the six months ended June 30, 2013 is as follows:


	Six months ended June 30, 2013
	(in thousands)
Balance, beginning of the period	$	13,473
Acquisition of redeemable noncontrolling interest		343,984
Net loss attributable to noncontrolling interests		(7,687	)
Fair value adjustments		6,923
Currency translation adjustments and other		1,022

Balance, end of period	$	357,715

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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