Related Party Transactions Related Party Transactions |
3 Months Ended |
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Mar. 31, 2018 | |
Related Party Transactions [Abstract] | |
Related Party Transactions |
Related Party Transactions
During the three months ended March 31, 2018, the Company's joint venture in China borrowed $2.0 million from the Company and $0.5 million the Company's joint venture partner. These notes are payable in one year and bear interest of 3.0 percent. As of March 31, 2018 and December 31, 2017 outstanding borrowings by the joint venture from the Company's JV partner were $1.0 million and $0.5 million, respectively. As of March 31, 2018 and December 31, 2017 outstanding borrowings by the joint venture from the Company were $4.0 million and $2.0 million, respectively. The notes between the joint venture and the Company eliminate in consolidation.
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- References No definition available.
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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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