XML 44 R32.htm IDEA: XBRL DOCUMENT v3.8.0.1
Noncontrolling Interest (Tables)
 9 Months Ended
Sep. 30, 2017
Noncontrolling Interest [Abstract]  
Schedule of Noncontrolling Interest
Noncontrolling Interest recorded in the unaudited condensed consolidated financial statements of the Company relates to the following interests in certain consolidated subsidiaries, which are not owned by the Company:
 
September 30, 2017
 
September 30, 2016
Subsidiary:
 
 
 
Evercore LP
13
%
 
14
%
Evercore Wealth Management L.L.C. ("EWM")
38
%
 
38
%
Private Capital Advisory L.P. ("PCA")
26
%
 
39
%
Changes in Noncontrolling Interest
Changes in Noncontrolling Interest for the nine months ended September 30, 2017 and 2016 were as follows:
 
For the Nine Months Ended September 30,
 
2017
 
2016
Beginning balance
$
256,033

 
$
202,664

 
 
 
 
Comprehensive income (loss):
 
 
 
Net Income Attributable to Noncontrolling Interest
35,740

 
24,454

Other comprehensive income (loss)
1,264

 
(2,697
)
Total comprehensive income
37,004

 
21,757

 
 
 
 
Evercore LP Units Purchased or Converted into Class A Shares
(29,393
)
 
(9,164
)
 
 
 
 
Amortization and Vesting of LP Units/Interests
7,294

 
66,357

 
 
 
 
Other Items:
 
 
 
Distributions to Noncontrolling Interests
(26,315
)
 
(25,519
)
Issuance of Noncontrolling Interest
8,279

 
885

Purchase of Noncontrolling Interest
(261
)
 
(5,225
)
Deconsolidation of GCP III
—

 
(5,808
)
Other, net
(221
)
 
(415
)
Total other items
(18,518
)
 
(36,082
)
 
 
 
 
Ending balance
$
252,420

 
$
245,532