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Mezzanine Equity (Tables)
 6 Months Ended
Jun. 30, 2017
Temporary Equity Disclosure [Abstract]  
Schedule Of Redeemable Noncontrolling Interests
The following table reconciles National Beef’s redeemable noncontrolling interests activity during the six months ended June 30, 2017 and 2016 (in thousands):
 
For the Six Months Ended June 30,
 
2017
 
2016
As of January 1,
$
321,962

 
$
189,358

Income allocated to redeemable noncontrolling interests
28,458

 
17,501

Distributions to redeemable noncontrolling interests
(17,062
)
 
(6,850
)
Increase (decrease) in fair value of redeemable noncontrolling interests
(39,965
)
 
31,631

Balance, June 30,
$
293,393


$
231,640
Sensitivity Analysis Of Fair Value Of Redeemable Noncontrolling Interests Using Discount And Terminal Growth Rates
The table below is a sensitivity analysis which shows the fair value of the redeemable noncontrolling interests using the assumed discount and the terminal growth rates and fair values under different rate assumptions as of June 30, 2017 (dollars in millions):
 
 
Discount Rates
Terminal Growth Rates
 
11.35%
 
11.60%
 
11.85%
1.75%
 
$
297.5

 
$
290.0

 
$
282.8

2.00%
 
$
301.2

 
$
293.4

 
$
286.0

2.25%
 
$
305.0

 
$
297.0

 
$
289.3