Related Party Transactions
|9 Months Ended|
Sep. 30, 2020
|Related Party Transactions [Abstract]|
|Related Party Transactions||Related Party TransactionsDuring the three and nine months ended September 30, 2020 and 2019, NSP China did not borrow any amounts from the Company or our joint venture partner. As of September 30, 2020 and December 31, 2019 outstanding borrowings by NSP China from the Company were $5.2 million and $6.1 million, respectively. As of September 30, 2020 and December 31, 2019 outstanding borrowings by NSP China from our joint venture partner were $1.3 million and $1.5 million, respectively. These notes are payable in less than one year and bear interest of 3.0 percent. The notes between NSP China and the Company eliminate in consolidation.|
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/disclosureRef