RELATED PARTY TRANSACTIONS |
12 Months Ended |
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Dec. 31, 2018 | |
Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTIONS |
RELATED PARTY TRANSACTIONS
Our joint venture in China borrowed $4.0 million and $2.0 million from the Company, during the years ended December 31, 2018 and 2017, respectively. Our joint venture in China borrowed $1.0 million and $0.5 million from our joint venture partner, during the years ended December 31, 2018 and 2017, respectively. These notes are payable in one year and bear interest of 3.0 percent. The note between the joint venture and the Company eliminates 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://fasb.org/us-gaap/role/ref/legacyRef
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