Redeemable Noncontrolling Interests in Subsidiaries (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Changes in Redeemable Noncontrolling Interests in Subsidiaries

The following table presents the changes in Redeemable Noncontrolling Interests in Subsidiaries:


(in thousands)	Consolidated Investment Companies		FHL and other entities		Total
Balance at January 1, 2021	$	24,246	$	212,741	$	236,987
Net Income (Loss)	304		1,711		2,015
Other Comprehensive Income (Loss), net of tax	0		(7,443)		(7,443)
Subscriptions—Redeemable Noncontrolling Interest Holders	997,556		1,409		998,965
Consolidation/(Deconsolidation)	(994,430)		9,182		(985,248)
Stock Award Activity	0		9,410		9,410
Distributions to Noncontrolling Interests in Subsidiaries	(3,017)		(1,909)		(4,926)
Acquisition of Additional Equity of FHL	0		(167,302)		(167,302)
Change in Estimated Redemption Value of Redeemable Noncontrolling Interests in FHL	0		(19,256)		(19,256)
Balance at December 31, 2021	$	24,659	$	38,543	$	63,202
Net Income (Loss)	(6,320)		1,388		(4,932)
Other Comprehensive Income (Loss), net of tax	0		(2,329)		(2,329)
Subscriptions—Redeemable Noncontrolling Interest Holders	53,040		2,131		55,171
Consolidation/(Deconsolidation)	(435)		0		(435)
Stock Award Activity	0		707		707
Distributions to Noncontrolling Interests in Subsidiaries	(20,627)		(5,352)		(25,979)
Acquisition of Additional Equity of FHL	0		(37,805)		(37,805)

Change in Estimated Redemption Value of Redeemable Noncontrolling Interests in FHL	0		14,221		14,221
Balance at December 31, 2022	$	50,317	$	11,504	$	61,821
Net Income (Loss)	5,311		490		5,801
Other Comprehensive Income (Loss), net of tax	(8)		593		585
Subscriptions—Redeemable Noncontrolling Interest Holders	72,463		360		72,823
Consolidation/(Deconsolidation)	(75,225)		0		(75,225)

Distributions to Noncontrolling Interests in Subsidiaries	(38,517)		(1,443)		(39,960)


Balance at December 31, 2023	$	14,341	$	11,504	$	25,845