Noncontrolling Interest

9 Months Ended

Sep. 30, 2018

Noncontrolling Interest.

Noncontrolling Interest

Note 16—Noncontrolling Interest

Net income attributable to the Company’s common stockholders and the effects of changes in noncontrolling ownership interest in PennyMac are summarized below:

	Quarter ended September 30,				Nine months ended September 30,
	2018		2017		2018		2017
	(in thousands)
Net income attributable to PennyMac Financial Services, Inc. common stockholders	$	14,489	$	17,081	$	48,945	$	38,439
Increase in the Company's additional paid-in capital for exchanges of Class A units of Private National Mortgage Acceptance Company, LLC to Class A common stock of PennyMac Financial Services, Inc.	$	4,377	$	3,656	$	32,501	$	20,583
Shares of Class A common stock of PennyMac Financial Services, Inc. issued pursuant to exchange of Class A units of Private National Mortgage Acceptance Company, LLC  by noncontrolling interest unitholders and issued as equity compensation		131		251		1,616		1,297

	September 30,			December 31,
	2018			2017
Percentage of noncontrolling interest in Private National Mortgage Acceptance Company, LLC		67.5	%		69.2	%