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Consolidated and Combined Statements of Changes in Equity - USD ($)
$ in Thousands
Class A common stock
Class B common stock
Treasury Stock
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Parent Company Investment
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Total
Balance at beginning of period at Dec. 31, 2012           $ 259,945 $ 163   $ 260,108
Changes in Equity                  
Net income (loss)           70,225     70,225
Net cash distributions to Parent           (73,503)     (73,503)
Equity-based compensation           48,539     48,539
Equity-based contributions to joint venture and global advisory board           2,481     2,481
Other comprehensive income (loss)             763   763
Other non-cash contributions           757     757
Balance at end of period at Dec. 31, 2013           308,444 926   309,370
Changes in Equity                  
Net income (loss)           29,768     29,768
Net cash distributions to Parent           (80,983)     (80,983)
Equity-based compensation           13,834     13,834
Equity-based contributions to joint venture and Parent's advisory board           1,223     1,223
Other comprehensive income (loss)             1   1
Pre-offering distribution to partners           (195,017)     (195,017)
Other non-cash distributions           (1,105)     (1,105)
Establishment of deferred tax asset related to reorganization       $ 3,261         3,261
Reorganization of equity structure $ 77     12,475   (76,164)   $ 63,612  
Reorganization of equity structure (in shares) 7,699,851                
Issuance of common stock   $ 362   138         500
Issuance of common stock (in shares)   36,158,698              
Balance at end of period at Apr. 21, 2014 $ 77 $ 362   15,874     927 63,612 80,852
Balance at end of the period (in shares) at Apr. 21, 2014 7,699,851 36,158,698              
Balance at beginning of period at Dec. 31, 2013           $ 308,444 926   309,370
Changes in Equity                  
Net income (loss)                 32,555
Balance at end of period at Dec. 31, 2014 $ 198 $ 316   136,896 $ (24,118)   85 61,008 174,385
Balance at end of the period (in shares) at Dec. 31, 2014 19,770,893 31,621,542              
Balance at beginning of period at Apr. 21, 2014 $ 77 $ 362   15,874     927 63,612 80,852
Balance at beginning of the period (in shares) at Apr. 21, 2014 7,699,851 36,158,698              
Changes in Equity                  
Net income (loss)         (3,012)     5,799 2,787
Equity-based compensation $ 1     39,156       66,765 105,922
Equity-based compensation (in shares) 76,722                
Equity-based contributions to joint venture and global advisory board       5,849       123 5,972
Other comprehensive income (loss)             (842) (1,796) (2,638)
Issuance of common stock $ 75     162,032         162,107
Issuance of common stock (in shares) 7,483,442                
Distributions of IPO proceeds to partners       (139,429)         (139,429)
Dividends and distributions       3,115 (21,106)     (58,242) (76,233)
Initial establishment of deferred tax assets, net of amounts payable under tax receivable agreement       10,854         10,854
Increase in deferred tax asset related to IPO       1,302         1,302
Tax benefit related to settlement of appreciation units       4,308         4,308
Issuance of Class A common stock and acquisition of Class A partnership units in connection with secondary offering $ 45 $ (45)   33,723       (13,012) 20,711
Issuance of Class A common stock and acquisition of Class A partnership units in connection with secondary offering (in shares) 4,511,058 (4,507,453)              
Other   $ (1)   112       (2,241) (2,130)
Other (in shares) (180) (29,703)              
Balance at end of period at Dec. 31, 2014 $ 198 $ 316   136,896 (24,118)   85 61,008 174,385
Balance at end of the period (in shares) at Dec. 31, 2014 19,770,893 31,621,542              
Changes in Equity                  
Net income (loss)         33,104     87,113 120,217
Equity-based compensation $ 1     42,400       3,730 46,131
Equity-based compensation (in shares) 134,228 (5,412)              
Other comprehensive income (loss)             23 76 99
Dividends and distributions       4,130 (24,324)     (60,715) (80,909)
Other       1,122       (1,075) 47
Other (in shares)   (43,037)              
Treasury Stock purchases     $ (7,616)           $ (7,616)
Treasury Stock purchases (in shares)     (263,622)           (263,622)
Class A Partnership Units and other equity purchased or converted into Class A Common Stock $ 6 $ (4)   5,727       (1,093) $ 4,636
Class A Partnership Units and other equity purchased or converted into Class A Common Stock (in shares) 631,619 (343,857)              
Net excess tax benefit from equity-based compensation       428         428
Balance at end of period at Dec. 31, 2015 $ 205 $ 312 $ (7,616) $ 190,703 $ (15,338)   $ 108 $ 89,044 $ 257,418
Balance at end of the period (in shares) at Dec. 31, 2015 20,536,740 31,229,236 (263,622)