Redeemable Noncontrolling Interests

6 Months Ended

Jun. 30, 2018

The following table summarizes activity related to redeemable noncontrolling interest for the six months ended June 30, 2018.



(In thousands)	Six Months Ended June 30, 2018
December 31, 2017	$	218,604
Acquired	30,533
Net earnings	7,569
Distributions	(6,967		)
June 30, 2018	$	249,739

The redeemable noncontrolling interest acquired relates to acquisition of Levity. The terms of the agreement provide the noncontrolling interest holders with a right to put 50% of their interests to the Company on the fourth anniversary of the agreement and a right to put all of their interests to the Company on the sixth anniversary of the agreement. The put rights are at fair market value.