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NONCONTROLLING INTEREST (Tables)
6 Months Ended
Jun. 30, 2019
NONCONTROLLING INTEREST [Abstract]  
Noncontrolling Interest Rollforward

The following table reconciles equity attributable to noncontrolling interest in the Company’s subsidiary (in thousands):

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30,

 

 

    

2019

    

2018

 

Noncontrolling interest, January 1

 

$

7,677

 

$

6,978

 

Net income attributable to noncontrolling interest

 

 

3,290

 

 

2,120

 

Dividends distributed to noncontrolling interest

 

 

(2,250)

 

 

(1,125)

 

Equity contribution

 

 

3,362

 

 

 —

 

Foreign currency translation adjustments

 

 

 —

 

 

(162)

 

Noncontrolling interest, June 30

 

$

12,079

 

$

7,811