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NONCONTROLLING INTEREST (Tables)
3 Months Ended
Mar. 31, 2021
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,

 

    

2021

    

2020

 

Noncontrolling interest, January 1

 

$

13,060

 

$

13,186

Net income attributable to noncontrolling interest

 

2,908

 

2,216

Dividends distributed to noncontrolling interest

 

(2,385)

 

(1,850)

Foreign currency translation adjustments

 

126

 

(516)

Noncontrolling interest, March 31

 

$

13,709

 

$

13,036