Investments in Unconsolidated Affiliates (Tables)

3 Months Ended

Mar. 31, 2025

Investments in Unconsolidated Affiliates

Schedule of reconciliation of investments in unconsolidated affiliates

					Total Investment
					in Unconsolidated
(in thousands)	Joint Venture		Stonewall		Affiliates
Balance as of December 31, 2024	$	490,365		113,591		603,956
Additional investments		—		1,748		1,748
Equity in earnings of unconsolidated affiliates (1)		25,904		2,116		28,020
Distributions from unconsolidated affiliates		(29,790)		(3,585)		(33,375)
Balance as of March 31, 2025	$	486,479		113,870		600,349

(1) As adjusted for the amortization of the difference between the cost of the equity investments in Stonewall and the Joint Venture and the amount of the underlying equity in the net assets of the Joint Venture and Stonewall as of March 12, 2019.