Noncontrolling Interest

6 Months Ended

Jun. 30, 2017

Noncontrolling Interest recorded in the unaudited condensed consolidated financial statements of the Company relates to a 13% interest in Evercore LP, a 38% interest in Evercore Wealth Management ("EWM"), a 39% interest in Evercore Private Capital Advisory L.P. ("PCA") through March 3, 2017, the date the Company purchased an additional 13% interest, and a 26% interest thereafter, a 28% interest in ECB (through January 29, 2016, the date all of the noncontrolling interest was repurchased by the Company) and other private equity partnerships (through September 30, 2016, the date the Company deconsolidated its Mexican Private Equity business). The Noncontrolling Interests for Evercore LP, EWM and PCA have rights, in certain circumstances, to convert into Class A Shares.

Changes in Noncontrolling Interest for the six months ended June 30, 2017 and 2016 were as follows:



	For the Six Months Ended June 30,
	2017			2016
Beginning balance	$	256,033		$	202,664

Comprehensive income (loss):
Net Income Attributable to Noncontrolling Interest	21,569			11,866
Other comprehensive income (loss)	304			(1,848		)
Total comprehensive income	21,873			10,018

Evercore LP Units Purchased or Converted into Class A Shares	(26,360		)	(6,192		)
Amortization and Vesting of LP Units/Interests	(3,119		)	52,498

Other Items:
Distributions to Noncontrolling Interests	(15,944		)	(17,193		)
Issuance of Noncontrolling Interest	8,279			885
Purchase of Noncontrolling Interest	(261		)	(5,225		)
Other, net	(148		)	(281		)
Total other items	(8,074		)	(21,814		)

Ending balance	$	240,353		$	237,174

Other Comprehensive Income - Other comprehensive income (loss) attributed to Noncontrolling Interest includes Unrealized Gain (Loss) on Marketable Securities and Investments, net, of $82 and $74 for the three and six months ended June 30, 2017, respectively, and $370 and ($367) for the three and six months ended June 30, 2016, respectively, and Foreign Currency Translation Adjustment Gain (Loss), net, of $178 and $230 for the three and six months ended June 30, 2017, respectively, and ($1,097) and ($1,481) for the three and six months ended June 30, 2016, respectively.

Interests Purchased - On March 3, 2017, the Company purchased, at fair value, an additional 13% of PCA for $7,071, resulting in a decrease to Noncontrolling Interest of $261 and a decrease to Additional Paid-In Capital of $6,810, on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of June 30, 2017.

During the six months ended June 30, 2017, the Company purchased 30 LP Units and certain other rights from noncontrolling interest holders, resulting in a decrease to Noncontrolling Interest of $2,391 on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of June 30, 2017.

On January 29, 2016, the Company purchased, at fair value, all of the noncontrolling interest in ECB for $6,482 resulting in a decrease to Noncontrolling Interest of $5,225 and a decrease to Additional Paid-In Capital of $1,257, on the Company's Unaudited Condensed Consolidated Statement of Financial Condition as of June 30, 2016.