Quarterly report pursuant to Section 13 or 15(d)

Non-Controlling Interests

v3.4.0.3
Non-Controlling Interests
3 Months Ended
Mar. 31, 2016
Noncontrolling Interest [Abstract]  
Non-Controlling Interests
10. Non-Controlling Interests
 
Non-controlling interests in consolidated entities are as follows:
 
 
 
As of March 31, 2016
 
($ in thousands)
 
Avenue
 
Coronado SO
 
Mustang
 
Checkpoint
 
JMC
 
Helocyte
 
Total
 
NCI equity share
 
$
(560)
 
$
(217)
 
$
(359)
 
$
32,623
 
$
(299)
 
$
(406)
 
$
30,782
 
Net loss attributed to non-controlling interests
 
 
(108)
 
 
(5)
 
 
(70)
 
 
(4,037)
 
 
(121)
 
 
(97)
 
 
(4,438)
 
Non-controlling interests in consolidated entities
 
$
(668)
 
$
(222)
 
$
(429)
 
$
28,586
 
$
(420)
 
$
(503)
 
$
26,344
 
 
 
 
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 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
%(1)
 
8.1
%
 
8.3
%
 
 
 
 
(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 three months ended March 31, 2015
 
($ in thousands)
 
Coronado SO
 
Mustang
 
Checkpoint
 
Total
 
Non-controlling interests in loss of consolidated entities
 
$
(160)
 
$
(226)
 
$
(93)
 
$
(479)
 
Non-controlling ownership
 
 
13.0
%
 
10.0
%
 
15.0
%