Noncontrolling Interests, Partnerships and Joint Ventures

6 Months Ended

Jun. 30, 2016

Noncontrolling Interests, Partnerships and Joint Ventures

Redeemable Noncontrolling Interests

Redeemable noncontrolling interests represent the non-affiliated parties' share of the assets of the Partnership Parks that are less than wholly-owned: SFOT, SFOG and Six Flags White Water Atlanta, which is owned by the partnership that owns SFOG. As of June 30, 2016 and December 31, 2015, redeemable noncontrolling interests in the Partnership Parks was $454.7 million and $435.7 million, respectively.

The following table presents a rollforward of redeemable noncontrolling interests in the Partnership Parks:



(Amounts in thousands)
Balance at December 31, 2015	$	435,721
Purchase of redeemable units	(223		)
Fresh start accounting fair market value adjustment for purchased units	(36		)
Net income attributable to noncontrolling interests	19,213
Balance at June 30, 2016	$	454,675

See Note 6 for a description of the partnership arrangements applicable to the Partnership Parks, the accounts of which are included in the accompanying unaudited condensed consolidated financial statements. The redemption value of the partnership units as of June 30, 2016 and December 31, 2015 was approximately $420.7 million and $420.9 million, respectively.