XML 53 R40.htm IDEA: XBRL DOCUMENT v2.4.0.8
REDEEMABLE NONCONTROLLING INTERESTS (Tables)
 12 Months Ended
Dec. 31, 2013
Noncontrolling Interest [Abstract]  
Reconciliation of redeemable noncontrolling interests
A reconciliation of redeemable noncontrolling interests for the years ended December 31, 2013, 2012 and 2011 is as follows (in thousands):
 
 
2013
 
2012
 
2011
Balance, beginning of period
$
160,287

 
$
127,045

 
$
45,751

Net income attributable to noncontrolling interests
135

 
4,471

 
2,760

Fair value adjustments(1)
42,522

 
84,693

 
91,743

Purchase of subsidiary shares at fair value(1)
(192,530
)
 
(61,079
)
 
(12,986
)
Currency translation adjustments
(10,414
)
 
5,157

 
(223
)
Balance, end of period
$
—

 
$
160,287

 
$
127,045

_____________________________
(1)        The fair value of the redeemable noncontrolling interests was determined by industry peer comparable analysis and a discounted cash flow valuation model.