Non-Controlling Interests

3 Months Ended

Mar. 31, 2014

19. Non-Controlling Interests

JGWPT Holdings Inc. consolidates the financial results of Holdings LLC whereby it records a non-controlling interest for the economic interest in Holdings LLC held by the Common Interestholders (see Note 2). Pursuant to an agreement between JGWPT Holdings Inc. and Holdings LLC, any time JGWPT Holdings Inc. cancels, issues or repurchases shares of its Class A common stock, Holdings LLC cancels, issues or repurchases, as applicable, an equivalent number of Common Interests. In addition, any time Common Interestholders exchange their Common Interests for shares of JGWPT Holdings Inc.’s Class A common stock, Holdings LLC is required to transfer an equal number of Common Interests to JGWPT Holdings Inc. Changes in the non-controlling and JGWPT Holdings Inc.’s interest in Holdings LLC for the three months ended March 31, 2014 are presented in the following table:

	Total Common Interests Held By:
	JGWPT Holding	Non-controlling
	Inc.	Interests		Total
Balance as of December 31, 2013	11,216,429	18,344,688		29,561,117
Holdings LLC Common Interests acquired by JGWPT Holdings Inc. as a result of the issuance of restricted common stock	3,268	—		3,268
Holdings LLC Common Interests acquired by JGWPT Holdings Inc. as a result of the exchange of Holdings LLC units for shares of Class A common stock	814,190	(814,190	)	—
Common Interests forfeited	—	(8,312	)	(8,312	)
Balance as of March 31, 2014	12,033,887	17,522,186		29,556,073

- 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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