Non-controlling Interest (Tables)

3 Months Ended

Mar. 31, 2015

Noncontrolling Interest [Abstract]

Summary of Ownership of the Common Units

The ownership of the common units in RMCO is summarized as follows:

	March 31, 2015					December 31, 2014
	Shares		Ownership %			Shares		Ownership %
Non-controlling unitholders ownership of common units    in RMCO		17,734,600		59.58	%		17,734,600		60.11	%
RE/MAX Holdings, Inc. outstanding Class A common    stock (equal to RE/MAX Holdings, Inc. common units    in RMCO)		12,031,609		40.42	%		11,768,041		39.89	%
		29,766,209		100.00	%		29,502,641		100.00	%

Summary of Reconciliation from Income Before Provision for Income Taxes to Net Income

The aforementioned ownership percentages are used to calculate the net income attributable to RE/MAX Holdings. A reconciliation from “Income before provision for income taxes” to “Net income attributable to RE/MAX Holdings, Inc.” for the periods indicated is detailed as follows (in thousands, except percentages):

	Three months ended March 31,
	2015			2014
Income before provision for income taxes	$	11,278		$	9,683
Weighted average ownership percentage of controlling interest		39.99	%		39.56	%
Income before provision for income taxes attributable to    RE/MAX Holdings, Inc.		4,510			3,831
Provision for income taxes attributable to    RE/MAX Holdings, Inc.		(1,759	)		(1,423	)
Net income attributable to RE/MAX Holdings, Inc.	$	2,751		$	2,408

Summary of Reconciliation of Provision for Income Taxes

A reconciliation of the “Provision for income taxes” for the periods indicated is detailed as follows (in thousands):

	Three months ended March 31,
	2015			2014
Provision for income taxes attributable to    RE/MAX Holdings, Inc. (a)	$	(1,759	)	$	(1,423	)
Provision for income taxes attributable to entities other than    RE/MAX Holdings, Inc. (b)		(389	)		(462	)
Provision for income taxes	$	(2,148	)	$	(1,885	)

(a) The provision for income taxes attributable to RE/MAX Holdings includes all U.S. federal and state income taxes as well as RE/MAX Holdings’ approximate 40% share of the taxes imposed directly on RE/MAX, LLC, a wholly-owned subsidiary of RMCO, related to tax liabilities in certain foreign jurisdictions of approximately $262,000 and $303,000 for the three months ended March 31, 2015 and 2014, respectively.

(b) The provision for income taxes attributable to entities other than RE/MAX Holdings represents taxes imposed directly on RE/MAX, LLC related to tax liabilities in certain foreign jurisdictions that are allocated to the non-controlling interest.