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Redeemable Noncontrolling Interests
 12 Months Ended
Dec. 31, 2024
Redeemable Noncontrolling Interests [Abstract]  
Redeemable Noncontrolling Interests 20.REDEEMABLE NONCONTROLLING INTERESTS

The Company allocates income and losses to its redeemable noncontrolling interest holders based on the applicable membership interest percentage. At each reporting period, the redeemable noncontrolling interest is recognized at the greater of (1) the initial carrying amount of the noncontrolling interest as adjusted for accumulated income or loss attributable to the noncontrolling interest holder or (2) the redemption value as of the balance sheet date. Adjustments to the carrying amount of redeemable noncontrolling interest are charged against retained earnings (or additional paid-in capital if there are no retained earnings). The fair value of the redeemable noncontrolling interest is estimated using Level 3 inputs.


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The components of redeemable noncontrolling interests are as follows (in thousands):

December 31,

December 31,

2024

2023

Beginning balance

$

35,047

$

31,735

Net loss attributable to noncontrolling interests

(859)

(4,397)

Foreign currency translation adjustments

618

(899)

Purchase of noncontrolling interests

1,865

—

Contribution from joint venture partner

5,730

1,200

Adjustment to redemption amount

11,731

7,408

Ending balance

$

54,132

$

35,047