Redeemable Noncontrolling Interests in Subsidiaries (Tables)

12 Months Ended

Dec. 31, 2024

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, 2022	$	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 Remaining 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
Net Income (Loss)	(643)		759		116
Other Comprehensive Income (Loss), net of tax	(1,049)		362		(687)
Subscriptions—Redeemable Noncontrolling Interest Holders	68,513		631		69,144
Consolidation/(Deconsolidation)	(7,646)		0		(7,646)

Distributions to Noncontrolling Interests in Subsidiaries	(28,431)		(2,827)		(31,258)


Balance at December 31, 2024	$	45,085	$	10,429	$	55,514