Noncontrolling Interests

12 Months Ended

Dec. 31, 2013

Note 2. Noncontrolling Interests

The effects on our equity of changes in our ownership interest in equity securities were as follows.

	Year Ended December 31,
	2013			2012
Net loss attributable to Midwest Holding Inc.	$	(1,950,439	)	$	(1,657,687	)
Transfers (to) from noncontrolling interests:
Increase in Midwest Holding Inc.'s additional paid-in
capital for Great Plains Financial stock purchases,
net of change in ownership		-			104,977
Increase in Midwest Holding Inc.'s additional paid-in
capital for Hot Dot equity issuances, net of change in
ownership		-			588,103
Change from net income (loss attributable to Midwest Holding Inc.
and transfers from noncontrolling interests	$	(1,950,439	)	$	(964,607	)

- 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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