Income Taxes

3 Months Ended

Mar. 31, 2025

Income Tax Disclosure [Abstract]

Income Taxes

21. Income Taxes

The Partnership recognizes income tax expense for federal, state, and local income taxes incurred by the Greens Hold Co, which owned The 50/50 MF Property until December 2022, and also owns certain property loans and real estate. The following table summarizes income tax expense (benefit) for the three months ended March 31, 2025 and 2024:

	For the Three Months Ended March 31,
	2025			2024
Current income tax expense (benefit)	$	(3,960	)	$	(4,196	)
Deferred income tax expense (benefit)		1,227			2,998
Total income tax expense (benefit)	$	(2,733	)	$	(1,198	)

The Partnership evaluated whether it is more likely than not that its deferred income tax assets will be realizable. There was no valuation allowance recorded as of March 31, 2025 and December 31, 2024.