Annual report pursuant to Section 13 and 15(d)

Redeemable Noncontrolling Interests

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Redeemable Noncontrolling Interests
12 Months Ended
Dec. 31, 2017
Noncontrolling Interest [Abstract]  
Redeemable Noncontrolling Interests
Redeemable Noncontrolling Interests
During certain specified periods of time (the “Early Exit Periods”), noncontrolling interests in certain funding arrangements have the right to put all of their membership interests to the Company (the “Put Provisions”). During a specific period of time (the “Call Periods”), the Company has the right to call all membership units of the related redeemable noncontrolling interests.
The carrying value of redeemable noncontrolling interests was greater than the redemption value except for six and four Funds at December 31, 2017 and 2016, respectively, where the carrying value has been adjusted to the redemption value.