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Redeemable Noncontrolling Interest (Tables)
12 Months Ended
Dec. 31, 2023
Noncontrolling Interest [Abstract]  
Summary of Activity of Redeemable Noncontrolling Interest

The following table summarizes the activity of redeemable noncontrolling interest during the years ended December 31, 2023 and 2022:

 

 

 

2023

 

 

2022

 

Balance at January 1

 

$

93,553

 

 

$

89,955

 

Increase (decrease):

 

 

 

 

 

 

Accrued cash dividends

 

 

7,263

 

 

 

5,842

 

Accretion - increasing dividend rates

 

 

2,107

 

 

 

3,264

 

Dividends paid

 

 

(6,763

)

 

 

(5,508

)

Balance at December 31

 

$

96,160

 

 

$

93,553