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Non-Controlling Interests
 9 Months Ended
Sep. 30, 2018
Noncontrolling Interest [Abstract]  
Non-Controlling Interests

Note 7—Non-Controlling Interests

Net Income Attributable to Non-Controlling Interests in the operations of the Company’s operating company and consolidated subsidiaries is comprised of the following:

 

 

 

For the Three Months

Ended September 30,

 

 

For the Nine Months

Ended September 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

 

 

(in thousands)

 

Non-Controlling Interests of Pzena Investment Management, LLC

 

$

15,169

 

 

$

14,013

 

 

$

43,200

 

 

$

36,518

 

Non-Controlling Interests of Consolidated Subsidiaries

 

 

16

 

 

 

215

 

 

 

13

 

 

 

592

 

Net Income Attributable to Non-Controlling Interests

 

$

15,185

 

 

$

14,228

 

 

$

43,213

 

 

$

37,110

 

 

Distributions to non-controlling interests represent tax allocations and dividend equivalents paid to the members of the operating company, as well as withdrawals from the Company’s consolidated subsidiaries.  Contributions from non-controlling interests represent contributions to the Company's consolidated subsidiaries.