NONCONTROLLING INTERESTS

3 Months Ended

Mar. 31, 2016

NOTE 12 - NONCONTROLLING INTERESTS

Noncontrolling interests reflect the interests held by RSO in Pelium and, to a lesser extent, the interest held by a related party in the Company's hotel property in Georgia. The following table presents the activity in noncontrolling interests (in thousands):



	Three Months Ended March 31, 2016

Noncontrolling interests, beginning of year	$	22,356
Net income (loss) attributable to noncontrolling interests	366
Other	14
Noncontrolling interests, end of period	$	22,736