Quarterly report pursuant to Section 13 or 15(d)

Non-Controlling Interests

v3.7.0.1
Non-Controlling Interests
3 Months Ended
Mar. 31, 2017
Noncontrolling Interest [Abstract]  
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
%