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Mezzanine Equity (Tables)
 3 Months Ended
Mar. 31, 2017
Temporary Equity Disclosure [Abstract]  
Schedule Of Redeemable Noncontrolling Interests
The following table reconciles National Beef’s redeemable noncontrolling interests activity during the three months ended March 31, 2017 and 2016 (in thousands):
 
For the Three Months Ended March 31,
 
2017
 
2016
As of January 1,
$
321,962

 
$
189,358

Income allocated to redeemable noncontrolling interests
12,049

 
4,384

Distributions to redeemable noncontrolling interests
(7,117
)
 
—

Increase in fair value of redeemable noncontrolling interests
1,038

 
12,835

Balance, March 31,
$
327,932


$
206,577
Sensitivity Analysis Of Fair Value Of Redeemable Noncontrolling Interests Using Discount And Terminal Growth Rates
The table below is a sensitivity analysis which shows the fair value of the redeemable noncontrolling interests using the assumed discount and the terminal growth rates and fair values under different rate assumptions as of March 31, 2017 (dollars in millions):
 
 
Discount Rates
Terminal Growth Rates
 
10.35%
 
10.60%
 
10.85%
 
 
 
 
 
 
 
1.75
%
 
$
332.7

 
$
323.4

 
$
314.6

2.00
%
 
$
337.6

 
$
327.9

 
$
318.8

2.25
%
 
$
342.8

 
$
332.7

 
$
323.2