Quarterly report pursuant to Section 13 or 15(d)

Non-Controlling Interests (Tables)

v3.20.2
Non-Controlling Interests (Tables)
6 Months Ended
Jun. 30, 2020
Non-Controlling Interests  
Schedule of non-controlling interests in consolidated entities

Non-controlling interests in consolidated entities are as follows:

    

    

For the six months ended

    

    

    

    

 

As of June 30, 2020

June 30, 2020

As of June 30, 2020

 

Net loss attributable to

Non-controlling interests

Non-controlling

 

($ in thousands)

    

NCI equity share

non-controlling interests

in consolidated entities

ownership

 

Aevitas

$

(2,155)

$

(386)

$

(2,541)

 

37.7

%

Avenue 2

 

5,584

 

(2,412)

 

3,172

 

77.3

%

Baergic

 

(1,338)

 

(4)

 

(1,342)

 

34.8

%

Cellvation

 

(1,035)

 

(80)

 

(1,115)

 

22.5

%

Checkpoint 1

 

17,334

 

(5,812)

 

11,522

 

76.9

%

Coronado SO

 

(290)

 

 

(290)

 

13.0

%

Cyprium

 

(943)

 

(282)

 

(1,225)

 

20.8

%

Helocyte

 

(4,794)

 

(207)

 

(5,001)

 

18.8

%

JMC

 

120

 

254

 

374

 

6.9

%

Mustang 2

 

71,410

 

(17,740)

 

53,670

 

75.6

%

Oncogenuity

(14)

(156)

(170)

25.0

%

Tamid

 

(651)

 

(22)

 

(673)

 

22.8

%

Total

$

83,228

$

(26,847)

$

56,381

 

  

    

For the year ended

    

    

 

As of December 31, 2019

December 31, 2019

As of December 31, 2019

 

Net loss attributable to 

Non-controlling interests 

Non-controlling 

 

($ in thousands)

    

NCI equity share

    

non-controlling interests

    

 in consolidated entities

    

 ownership

 

Aevitas

$

(1,249)

$

(694)

$

(1,943)

 

35.8

%

Avenue 2

 

24,269

 

(19,011)

 

5,258

 

77.3

%

Baergic

 

23

 

(1,162)

 

(1,139)

 

33.0

%

Cellvation

 

(732)

 

(158)

 

(890)

 

20.6

%

Checkpoint 1

 

29,389

 

(14,687)

 

14,702

 

78.0

%

Coronado SO

 

(290)

 

-

 

(290)

 

13.0

%

Cyprium

 

(320)

 

(99)

 

(419)

 

10.6

%

Helocyte

 

(4,322)

 

(402)

 

(4,724)

 

19.3

%

JMC

 

(211)

 

325

 

114

 

6.9

%

Mustang 2

 

62,025

 

(25,727)

 

36,298

 

70.3

%

Tamid

 

(565)

 

(85)

 

(650)

 

22.8

%

Total

$

108,017

$

(61,700)

$

46,317

 

Note 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.

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.