Non-Controlling Interests |
13. Non-Controlling Interests
Non-controlling interests in consolidated entities are as follows: | | As of March 31, 2017 | | ($ in thousands) | | Avenue | | Coronado SO | | Mustang | | Checkpoint | | JMC | | Helocyte | | Cellvation | | Caelum | | National Holdings | | Total | | NCI equity share | | $ | (842) | | $ | (236) | | $ | 46,581 | | $ | 21,009 | | $ | (543) | | $ | (1,684) | | $ | (153) | | $ | (3) | | $ | 17,022 | | $ | 81,151 | | Net loss attributed to non-controlling interests | | | (68) | | | (4) | | | (1,674) | | | (2,734) | | | (68) | | | (323) | | | (54) | | | (145) | | | 2,490 | | | (2,580) | | Non-controlling interests in consolidated entities | | $ | (910) | | $ | (240) | | $ | 44,907 | | $ | 18,275 | | $ | (611) | | $ | (2,007) | | $ | (207) | | $ | (148) | | $ | 19,512 | | $ | 78,571 | |
| | As of December 31, 2016 | | ($ in thousands) | | Avenue | | Coronado SO | | Mustang | | Checkpoint | | JMC | | Helocyte | | Cellvation | | National Holdings | | Total | | NCI equity share | | $ | (494) | | $ | (217) | | $ | 12,376 | | $ | 32,160 | | $ | (192) | | $ | (612) | | $ | 4 | | $ | 17,643 | | $ | 60,668 | | Net loss attributed to non-controlling interests | | | (349) | | | (19) | | | (1,805) | | | (11,733) | | | (355) | | | (1,155) | | | (158) | | | (621) | | | (16,195) | | Non-controlling interests in consolidated entities | | $ | (843) | | $ | (236) | | $ | 10,571 | | $ | 20,427 | | $ | (547) | | $ | (1,767) | | $ | (154) | | $ | 17,022 | | $ | 44,473 | |
The components of non-controlling interests in loss of consolidated entities are as follows: | | For the three months ended March 31, 2017 | | ($ in thousands) | | Avenue | | Coronado SO | | Mustang (2) | | Checkpoint (1) | | JMC | | Helocyte | | Cellvation | | Caelum | | National Holdings | | Total | | Non-controlling interests in loss of consolidated entities | | $ | (68) | | $ | (4) | | $ | (1,674) | | $ | (2,734) | | $ | (68) | | $ | (323) | | $ | (54) | | $ | (145) | | $ | 2,490 | | $ | (2,580) | | Non-controlling ownership | | | 10.2 | % | | 13.0 | % | | 52.0 | % | | 62.4 | % | | 7.0 | % | | 20.0 | % | | 22.0 | % | | 25.5 | % | | 43.4 | % | | | | | (1) | Checkpoint is consolidated with Fortress’s operations because Fortress maintains voting control through its ownership of Checkpoint’s Class A common shares which provide for super-majority voting rights. | | (2) | Mustang is consolidated with Fortress’s operations because Fortress maintains voting control through its ownership of Mustang’s Class A preferred shares which provide super-majority voting rights. | | | For the three months ended March 31, 2016 | | ($ in thousands) | | Avenue | | Coronado SO | | Mustang | | Checkpoint | | JMC | | Helocyte | | Total | | Non-controlling interests in loss of consolidated entities | | $ | (108) | | $ | (5) | | $ | (70) | | $ | (4,037) | | $ | (121) | | $ | (97) | | $ | (4,438) | | Non-controlling ownership | | | 11.5 | % | | 13.0 | % | | 10.0 | % | | 62.7 | % | | 8.1 | % | | 8.3 | % | | | |
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