Investments (Tables)

9 Months Ended

Sep. 30, 2019

Investments [Abstract]

Schedule of investments

Nine Months Ended September 30, 2019	WMES			CASC Willis			Total
	(in thousands)
Investment in joint ventures as of December 31, 2018	$	34,183		$	13,758		$	47,941
Earnings from joint ventures	4,882			(95		)	4,787
Investment	5,013			—			5,013
Distribution	(3,300		)	—			(3,300		)
Foreign currency translation adjustment	—			(489		)	(489		)
Investment in joint ventures as of September 30, 2019	$	40,778		$	13,174		$	53,952

Summarized financial information

Summarized financial information for 100% of WMES is presented in the following tables:

	Three Months Ended September 30				Nine Months Ended September 30,
	2019		2018		2019		2018
	(in thousands)				(in thousands)
Revenue	$	13,007	$	9,987	$	36,144	$	26,633
Expenses	9,657		8,408		27,378		22,762
WMES income before income taxes	$	3,350	$	1,579	$	8,766	$	3,871

	September 30, 2019		December 31, 2018
	(in thousands)
Total assets	$	313,073	$	274,744
Total liabilities	225,727		198,534
Total WMES net equity	$	87,346	$	76,210