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Noncontrolling Interest (Tables)
6 Months Ended
Jun. 30, 2019
Noncontrolling Interest [Abstract]  
Schedule of Noncontrolling Interest
 
June 30,
 
2019
 
2018
Subsidiary:
 
 
 
Evercore LP
12
%
 
11
%
Evercore Wealth Management ("EWM")(1)
33
%
 
44
%
Private Capital Advisory ("PCA")(2)
%
 
10
%
Real Estate Capital Advisory ("RECA")(3)
38
%
 
38
%

(1) Noncontrolling Interests represent a blended rate for multiple classes of interests.
(2) Noncontrolling Interests represent the Common Interests of Private Capital Advisory L.P.
(3) Noncontrolling Interests represent the Class R Interests of Private Capital Advisory L.P.
Changes in Noncontrolling Interest
Changes in Noncontrolling Interest for the three and six months ended June 30, 2019 and 2018 were as follows:
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Beginning balance
$
238,211

 
$
224,473

 
$
249,819

 
$
252,404

 
 
 
 
 
 
 
 
Comprehensive Income:
 
 
 
 
 
 
 
Net Income Attributable to Noncontrolling Interest
15,515

 
12,729

 
26,483

 
26,922

Other Comprehensive Income (Loss)
(589
)
 
(940
)
 
(264
)
 
(419
)
Total Comprehensive Income
14,926

 
11,789

 
26,219

 
26,503

 
 
 
 
 
 
 
 
Evercore LP Units Converted into Class A Shares
(754
)
 
(7,229
)
 
(11,177
)
 
(41,565
)
 
 
 
 
 
 
 
 
Amortization and Vesting of LP Units
6,610

 
4,875

 
12,116

 
9,997

 
 
 
 
 
 
 
 
Other Items:
 
 
 
 
 
 
 
Distributions to Noncontrolling Interests
(13,712
)
 
(7,391
)
 
(31,696
)
 
(20,584
)
Issuance of Noncontrolling Interest
2,701

 
770

 
2,701

 
830

Purchase of Noncontrolling Interest
(11,433
)
 
(13
)
 
(11,433
)
 
(311
)
Total Other Items
(22,444
)
 
(6,634
)
 
(40,428
)
 
(20,065
)
 
 
 
 
 
 
 
 
Ending balance
$
236,549

 
$
227,274

 
$
236,549

 
$
227,274