Quarterly report pursuant to Section 13 or 15(d)

Non-Controlling Interests

v3.5.0.2
Non-Controlling Interests
6 Months Ended
Jun. 30, 2016
Noncontrolling Interest [Abstract]  
Non-Controlling Interests
10. Non-Controlling Interests
 
Non-controlling interests in consolidated entities are as follows:
 
 
 
As of June 30, 2016
 
($ in thousands)
 
Avenue
 
Coronado SO
 
Mustang
 
Checkpoint
 
JMC
 
Helocyte
 
Total
 
NCI equity share
 
$
(559)
 
$
(217)
 
$
(350)
 
$
33,139
 
$
(288)
 
$
(499)
 
$
31,226
 
Net loss attributed to non-controlling interests
 
 
(184)
 
 
(10)
 
 
(159)
 
 
(7,513)
 
 
(229)
 
 
(254)
 
 
(8,349)
 
Non-controlling interests in consolidated entities
 
$
(743)
 
$
(227)
 
$
(509)
 
$
25,626
 
$
(517)
 
$
(753)
 
$
22,877
 
  
 
 
As of December 31, 2015
 
($ in thousands)
 
Avenue
 
Coronado SO
 
Mustang
 
Checkpoint
 
JMC
 
Total
 
NCI equity share
 
$
6
 
$
23
 
$
14
 
$
32,760
 
$
79
 
$
32,882
 
Net loss attributed to non-controlling interests
 
 
(567)
 
 
(240)
 
 
(373)
 
 
(3,855)
 
 
(420)
 
 
(5,455)
 
Non-controlling interests in consolidated entities
 
$
(561)
 
$
(217)
 
$
(359)
 
$
28,905
 
$
(341)
 
$
27,427
 
 
The components of non-controlling interests in loss of consolidated entities are as follows:
 
 
 
For the three months ended June 30, 2016
 
($ in thousands)
 
Avenue
 
 
Coronado SO
 
 
Mustang
 
 
Checkpoint
 
 
JMC
 
 
Helocyte
 
 
Total
 
Non-controlling interests in loss of consolidated entities
 
$
(76)
 
 
$
(5)
 
 
$
(89)
 
 
$
(3,476)
 
 
$
(108)
 
 
$
(157)
 
 
$
(3,911)
 
Non-controlling ownership
 
 
11.5
%
 
 
13.0
%
 
 
10.0
%
 
 
64.3
%
 
 
8.1
%
 
 
20.4
%
 
 
 
 
 
 
 
For the three months ended June 30, 2015
 
 
 
 
 
($ in thousands)
 
Avenue
 
 
Coronado SO
 
 
Mustang
 
 
Checkpoint
 
 
Total
 
Non-controlling interests in loss of consolidated entities
 
$
(34)
 
 
$
(70)
 
 
$
(41)
 
 
$
(98)
 
 
$
(243)
 
Non-controlling ownership
 
 
11.5
%
 
 
13
%
 
 
10
%
 
 
20.0
%
 
 
 
 
 
 
 
For the six months ended June 30, 2016
 
($ in thousands)
 
Avenue
 
 
Coronado SO
 
 
Mustang
 
 
Checkpoint
 
 
JMC
 
 
Helocyte
 
 
Total
 
Non-controlling interests in loss of consolidated entities
 
$
(184)
 
 
$
(10)
 
 
$
(159)
 
 
$
(7,513)
 
 
$
(229)
 
 
$
(254)
 
 
$
(8,349)
 
Non-controlling ownership
 
 
11.5
%
 
 
13.0
%
 
 
10.0
%
 
 
64.3
%(1)
 
 
8.1
%
 
 
20.4
%
 
 
 
 
 
(1)
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.
 
 
 
For the six months ended June 30, 2015
 
($ in thousands)
 
Avenue
 
 
Coronado SO
 
 
Mustang
 
 
Checkpoint
 
 
Total
 
Non-controlling interests in loss of consolidated entities
 
$
(34)
 
 
$
(230)
 
 
$
(267)
 
 
$
(191)
 
 
$
(722)
 
Non-controlling ownership
 
 
11.5
%
 
 
13
%
 
 
10
%
 
 
20.0
%