Annual report pursuant to Section 13 and 15(d)

Non-Controlling Interests

v3.19.1
Non-Controlling Interests
12 Months Ended
Dec. 31, 2018
Noncontrolling Interest [Abstract]  
Non-Controlling Interests
11. Non-Controlling Interests
 
Non-controlling interests in consolidated entities are as follows ($ in thousands): 
 
 
 
 
 
 
For the twelve months ended
 
 
 
 
 
 
 
 
 
As of December 31, 2018
 
 
December 31, 2018
 
 
As of December 31, 2018
 
 
 
 
($ in thousands)
 
NCI equity share
 
 
Net loss attributable to non-

controlling interests
 
 
Non-controlling interests

in consolidated entities
 
 
Non-controlling

ownership
 
Aevitas
 
$
(474
)
 
$
(606
)
 
$
(1,080
)
 
 
36.1
%
Avenue
1
 
 
13,326
 
 
 
(13,735
)
 
 
(409
)
 
 
64.81
%
Caelum
 
 
(2,436
)
 
 
(2,413
)
 
 
(4,849
)
 
 
36.8
%
Cellvation
 
 
(457
)
 
 
(185
)
 
 
(642
)
 
 
21.1
%
Checkpoint
1
 
 
31,648
 
 
 
(23,470
)
 
 
8,178
 
 
 
69.3
%
Coronado SO
 
 
(290
)
 
 
-
 
 
 
(290
)
 
 
13.0
%
Cyprium
 
 
(210
)
 
 
(62
)
 
 
(272
)
 
 
10.8
%
Helocyte
 
 
(3,372
)
 
 
(684
)
 
 
(4,056
)
 
 
19.8
%
JMC
 
 
(475
)
 
 
245
 
 
 
(230
)
 
 
6.9
%
Mustang
1
 
 
38,631
 
 
 
(16,628
)
 
 
22,003
 
 
 
60.5
%
Tamid
 
 
(211
)
 
 
(251
)
 
 
(462
)
 
 
23.4
%
Total
 
$
75,680
 
 
$
(57,789
)
 
$
17,891
 
 
 
 
 
 
 
 
As of December,

31, 2017
 
 
For the twelve months ended

December 31, 2017
 
 
As of December 31,

2017
 
 
 
 
 
 
NCI equity share
 
 
Net gain/(loss) attributable to

non-controlling interests
 
 
Non-controlling

interests in

consolidated entities
 
 
Non-controlling

ownership
 
Aevitas
 
$
(126
)
 
$
(168
)
 
$
(294
)
 
 
35.4
%
Avenue
2
 
 
17,454
 
 
 
(4,646
)
 
 
12,808
 
 
 
66.1
%
Caelum
 
 
(815
)
 
 
(1,262
)
 
 
(2,077
)
 
 
34.7
%
Cellvation
 
 
(259
)
 
 
(96
)
 
 
(355
)
 
 
21.5
%
Checkpoint
1
 
 
21,635
 
 
 
(12,314
)
 
 
9,321
 
 
 
62.0
%
Coronado SO
 
 
(236
)
 
 
(54
)
 
 
(290
)
 
 
13.0
%
Cyprium
 
 
(143
)
 
 
(15
)
 
 
(158
)
 
 
11.1
%
Helocyte
 
 
(1,907
)
 
 
(1,193
)
 
 
(3,100
)
 
 
20.0
%
JMC
 
 
(469
)
 
 
7
 
 
 
(462
)
 
 
6.3
%
Mustang
2
 
 
48,740
 
 
 
(11,911
)
 
 
36,829
 
 
 
61.6
%
National Holdings
 
 
17,021
 
 
 
(1,216
)
 
 
15,805
 
 
 
43.4
%
Tamid
 
 
(6
)
 
 
(92
)
 
 
(98
)
 
 
24.0
%
Total
 
$
100,889
 
 
$
(32,960
)
 
$
67,929
 
 
 
 
 
 
Note1: Checkpoint is consolidated with Fortress’ operations because Fortress maintains voting control through its ownership of Checkpoint’s Class A Common Shares which provide super-majority voting rights.
   
Note 2: Avenue and Mustang are consolidated with Fortress’ operations because Fortress maintains voting control through its ownership of Preferred Class A Shares which provide super-majority voting rights.