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NONCONTROLLING INTEREST
9 Months Ended
Sep. 30, 2019
NONCONTROLLING INTEREST [Abstract]  
Noncontrollling Interest

(13)NONCONTROLLING INTEREST

 

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

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30,

 

 

    

2019

    

2018

 

Noncontrolling interest, January 1

 

$

7,677

 

$

6,978

 

Net income attributable to noncontrolling interest

 

 

5,168

 

 

3,489

 

Dividends distributed to noncontrolling interest

 

 

(3,600)

 

 

(2,025)

 

Equity contribution

 

 

3,362

 

 

 —

 

Foreign currency translation adjustments

 

 

(185)

 

 

(218)

 

Noncontrolling interest, September 30

 

$

12,422

 

$

8,224