Noncontrolling Interests (Tables)

3 Months Ended

Mar. 31, 2020

Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest [Abstract]

Schedule of Redeemable Noncontrolling Interest

The activity in redeemable noncontrolling interest – Vermeer is detailed in the table below:

	Three months ended
	March 31, 2020		March 31, 2019
Beginning balance	$	1,003,615	$	599,989
Net income attributable to redeemable noncontrolling interest	17,863		5,208
Ending balance	$	1,021,478	$	605,197

The activity in redeemable noncontrolling interest – DaVinciRe is detailed in the table below:

	Three months ended
	March 31, 2020		March 31, 2019
Beginning balance	$	1,435,581	$	1,034,946
Redemption of shares from redeemable noncontrolling interest, net of adjustments	2,607		(234		)
Sale of shares to redeemable noncontrolling interests	9,991		—
Net income attributable to redeemable noncontrolling interest	84,906		62,533
Ending balance	$	1,533,085	$	1,097,245

A summary of the Company’s redeemable noncontrolling interests on its consolidated balance sheets is set forth below:

	March 31, 2020		December 31, 2019
Redeemable noncontrolling interest - DaVinciRe	$	1,533,085	$	1,435,581
Redeemable noncontrolling interest - Medici	677,283		632,112
Redeemable noncontrolling interest - Vermeer	1,021,478		1,003,615
Redeemable noncontrolling interests	$	3,231,846	$	3,071,308

A summary of the Company’s redeemable noncontrolling interests on its consolidated statements of operations is set forth below:

	Three months ended
	March 31, 2020			March 31, 2019
Redeemable noncontrolling interest - DaVinciRe	$	84,906		$	62,533
Redeemable noncontrolling interest - Medici	(4,678		)	2,481
Redeemable noncontrolling interest - Vermeer	17,863			5,208
Net income attributable to redeemable noncontrolling interests	$	98,091		$	70,222

The activity in redeemable noncontrolling interest – Medici is detailed in the table below:

	Three months ended
	March 31, 2020			March 31, 2019
Beginning balance	$	632,112		$	416,765
Redemption of shares from redeemable noncontrolling interest, net of adjustments	(4,764		)	(15,884		)
Sale of shares to redeemable noncontrolling interests	54,613			3,596
Net (loss) income attributable to redeemable noncontrolling interest	(4,678		)	2,481
Ending balance	$	677,283		$	406,958