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NONCONTROLLING INTEREST (Tables)
3 Months Ended
Mar. 31, 2020
NONCONTROLLING INTEREST [Abstract]  
Noncontrolling Interest Rollforward

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

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

 

    

2020

    

2019

 

Noncontrolling interest, January 1

 

$

13,186

 

$

7,677

 

Net income attributable to noncontrolling interest

 

 

2,216

 

 

1,474

 

Dividends distributed to noncontrolling interest

 

 

(1,850)

 

 

(900)

 

Equity contribution

 

 

 —

 

 

1,330

 

Foreign currency translation adjustments

 

 

(516)

 

 

29

 

Noncontrolling interest, March 31

 

$

13,036

 

$

9,610