Noncontrolling Interests

9 Months Ended

Sep. 30, 2011

Nci [Abstract]

Noncontrolling Interest Disclosure [Text Block]

Noncontrolling Interests

Noncontrolling interests typically consist of equity owned by management of the Company’s respective majority-owned affiliate partners. Net income attributable to noncontrolling interests in the consolidated statements of operations represents the net income allocated to the noncontrolling interest owners of the affiliate partners. The net income attributable to the noncontrolling interest owners was $0.8 million and $0.6 million for the three months ended September 30, 2011 and 2010 and $2.3 million and $1.9 million for the nine months ended September 30, 2011 and 2010, respectively. To the extent that the increase in the estimated maximum redemption amounts exceeds the net income attributable to the noncontrolling interests, such excess reduces net income available to common stockholders for purposes of EPS computation. Decreases in redemption value from period to period increase income attributable to common stockholders for purposes of EPS computation, but only to the extent that the cumulative change in redemption value remains a cumulative increase since adoption of updates to ASC 810, Consolidation, in the first quarter of 2009.

Each affiliate operating agreement provides the Company and/or the noncontrolling interests with contingent call and/or put redemption features used for the orderly transfer of noncontrolling equity interests between the affiliate minority shareholders and the Company at fair value. Fair value is generally defined in the operating agreements as a multiple of earnings before interest, taxes, depreciation, and amortization. The aggregate amount of such redeemable noncontrolling interests at the estimated maximum redemption amounts of $21.9 million and $19.6 million are included in the accompanying consolidated balance sheets at September 30, 2011 and December 31, 2010, respectively. The Company may liquidate these noncontrolling interests with cash, shares of the Company’s common stock, or other forms of consideration dependent on the operating agreement. These agreements are discussed in Part II. Item 8. "Financial Statements and Supplementary Data – Note 15: Noncontrolling Interests" in the Company’s Annual Report on Form 10-K, as amended, for the year ended December 31, 2010. The following table summarizes the estimated maximum redemption amounts by affiliate:

	September 30, 2011		December 31, 2010
	(In thousands)
Anchor	$	12,346	$	10,723
BOS	5,643		5,613
DTC	1,904		1,866
DGHM	1,992		1,396
Total	$	21,885	$	19,598

The following table is an analysis of the Company’s redeemable noncontrolling interests for the periods indicated:

	September 30, 2011			September 30, 2010
	(In thousands)
Balance at beginning of year	$	19,598		$	51,850
Net income attributable to noncontrolling interests	2,313			1,929
Distributions	(1,428		)	(1,757		)
KLS acquisition	—			(29,691		)
Redemption value adjustments	1,402			(3,610		)
Balance at end of period	$	21,885		$	18,721