XML 30 R6.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Changes in Equity (Statement) - USD ($)
$ in Thousands
Total
Common Units
Accumulated Other Comprehensive Income
Retained Earnings
Noncontrolling Interests
Redeemable noncontrolling interests, beginning balance at Dec. 31, 2022 $ 10,796        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Net loss attributable to redeemable noncontrolling interests (788)        
Redeemable noncontrolling interests, ending balance at Mar. 31, 2023 10,008        
Balance, beginning of period (in shares) at Dec. 31, 2022 [1]   482,726,544      
Balance, beginning of period at Dec. 31, 2022 1,039,510 $ 510,968 $ 26,533 $ 101,549 $ 400,460
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income attributable to Ardent Health Partners, Inc. 4,143     4,143  
Net income attributable to noncontrolling interests 20,427       20,427
Other comprehensive loss (4,564)   (4,564)    
Distributions to noncontrolling interests (12,555)       (12,555)
Vesting of Class C Units (in shares) [1]   587,053      
Vesting of Class C Units 360 $ 360      
Balance, ending of period (in shares) at Mar. 31, 2023 [1]   483,313,597      
Balance, ending of period at Mar. 31, 2023 1,047,321 $ 511,328 21,969 105,692 408,332
Redeemable noncontrolling interests, beginning balance at Dec. 31, 2022 10,796        
Redeemable noncontrolling interests, ending balance at Jun. 30, 2023 9,038        
Balance, beginning of period (in shares) at Dec. 31, 2022 [1]   482,726,544      
Balance, beginning of period at Dec. 31, 2022 1,039,510 $ 510,968 26,533 101,549 400,460
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income attributable to Ardent Health Partners, Inc. 37,219        
Other comprehensive loss 25        
Balance, ending of period (in shares) at Jun. 30, 2023 [1]   483,871,610      
Balance, ending of period at Jun. 30, 2023 1,063,490 $ 496,520 26,558 138,768 401,644
Redeemable noncontrolling interests, beginning balance at Mar. 31, 2023 10,008        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Net loss attributable to redeemable noncontrolling interests (970)        
Redeemable noncontrolling interests, ending balance at Jun. 30, 2023 9,038        
Balance, beginning of period (in shares) at Mar. 31, 2023 [1]   483,313,597      
Balance, beginning of period at Mar. 31, 2023 1,047,321 $ 511,328 21,969 105,692 408,332
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income attributable to Ardent Health Partners, Inc. 33,076     33,076  
Net income attributable to noncontrolling interests 23,600       23,600
Other comprehensive loss 4,589   4,589    
Distributions to noncontrolling interests (19,254)       (19,254)
Redemption of equity attributable to noncontrolling interests 26,024 $ 14,990     11,034
Vesting of Class C Units (in shares) [1]   558,013      
Vesting of Class C Units 182 $ 182      
Balance, ending of period (in shares) at Jun. 30, 2023 [1]   483,871,610      
Balance, ending of period at Jun. 30, 2023 1,063,490 $ 496,520 26,558 138,768 401,644
Redeemable noncontrolling interests, beginning balance at Dec. 31, 2023 7,302        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Net loss attributable to redeemable noncontrolling interests (2,285)        
Redeemable noncontrolling interests, ending balance at Mar. 31, 2024 $ 5,017        
Balance, beginning of period (in shares) at Dec. 31, 2023 484,922,828 484,922,828 [2]      
Balance, beginning of period at Dec. 31, 2023 $ 1,075,014 [3] $ 496,882 18,561 155,453 404,118
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income attributable to Ardent Health Partners, Inc. 27,047     27,047  
Net income attributable to noncontrolling interests 21,089       21,089
Other comprehensive loss 703   703    
Distributions to noncontrolling interests (14,256)       (14,256)
Vesting of Class C Units (in shares) [2]   464,853      
Vesting of Class C Units 512 $ 512      
Balance, ending of period (in shares) at Mar. 31, 2024 [2]   485,387,681      
Balance, ending of period at Mar. 31, 2024 1,110,109 $ 497,394 19,264 182,500 410,951
Redeemable noncontrolling interests, beginning balance at Dec. 31, 2023 7,302        
Redeemable noncontrolling interests, ending balance at Jun. 30, 2024 $ 3,668        
Balance, beginning of period (in shares) at Dec. 31, 2023 484,922,828 484,922,828 [2]      
Balance, beginning of period at Dec. 31, 2023 $ 1,075,014 [3] $ 496,882 18,561 155,453 404,118
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income attributable to Ardent Health Partners, Inc. 69,817        
Other comprehensive loss $ (1,552)        
Balance, ending of period (in shares) at Jun. 30, 2024 485,909,683 485,909,683 [2]      
Balance, ending of period at Jun. 30, 2024 $ 1,158,989 [3] $ 497,620 17,009 225,270 419,090
Redeemable noncontrolling interests, beginning balance at Mar. 31, 2024 5,017        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Net loss attributable to redeemable noncontrolling interests (1,349)        
Redeemable noncontrolling interests, ending balance at Jun. 30, 2024 3,668        
Balance, beginning of period (in shares) at Mar. 31, 2024 [2]   485,387,681      
Balance, beginning of period at Mar. 31, 2024 1,110,109 $ 497,394 19,264 182,500 410,951
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income attributable to Ardent Health Partners, Inc. 42,770     42,770  
Net income attributable to noncontrolling interests 25,540       25,540
Other comprehensive loss (2,255)   (2,255)    
Distributions to noncontrolling interests (17,401)       (17,401)
Vesting of Class C Units (in shares) [2]   522,002      
Vesting of Class C Units $ 226 $ 226      
Balance, ending of period (in shares) at Jun. 30, 2024 485,909,683 485,909,683 [2]      
Balance, ending of period at Jun. 30, 2024 $ 1,158,989 [3] $ 497,620 $ 17,009 $ 225,270 $ 419,090
[1]
(*) See Note 1, Description of the Business and Basis of Presentation - Initial Public Offering and Corporate Conversion, for further discussion.
[2]
(*) See Note 1, Description of the Business and Basis of Presentation - Initial Public Offering and Corporate Conversion, for further discussion.
[3] As of June 30, 2024 and December 31, 2023, the unaudited condensed consolidated balance sheet included total liabilities of consolidated variable interest entities of $317.1 million and $337.8 million, respectively. Refer to Note 2, Summary of Significant Accounting Policies, for further discussion.