XML 24 R6.htm IDEA: XBRL DOCUMENT v3.25.0.1
Condensed Consolidated Statements of Changes in Equity (Statement) - USD ($)
$ in Thousands
Total
IPO
Common Units
Common Stock
Common Stock
IPO
Additional Paid in Capital
Additional Paid in Capital
IPO
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Noncontrolling Interests
Redeemable noncontrolling interests, beginning balance at Dec. 31, 2021 $ 13,660                  
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Net income attributable to redeemable noncontrolling interests 4,674                  
Distributions to redeemable noncontrolling interests (7,538)                  
Redeemable noncontrolling interests, ending balance at Dec. 31, 2022 10,796                  
Balance, beginning of period (in shares) at Dec. 31, 2021     481,331,862 [1] 0            
Balance, beginning of period at Dec. 31, 2021 978,345   $ 510,357 $ 0   $ 0   $ (9,968) $ 87,451 $ 390,505
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income attributable to Ardent Health Partners, Inc. 188,909               188,909  
Net income attributable to noncontrolling interests 71,788                 71,788
Other comprehensive income (loss) 36,501             36,501    
Distributions to noncontrolling interests (61,833)                 (61,833)
Distributions to common unit holders (174,811)               (174,811)  
Vesting of Class C Units (in shares) [1]     1,394,682              
Vesting of Class C Units 611   $ 611              
Balance, ending of period (in shares) at Dec. 31, 2022     482,726,544 [1] 0            
Balance, ending of period at Dec. 31, 2022 1,039,510   $ 510,968 $ 0   0   26,533 101,549 400,460
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Net income attributable to redeemable noncontrolling interests (3,494)                  
Redeemable noncontrolling interests, ending balance at Dec. 31, 2023 7,302                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income attributable to Ardent Health Partners, Inc. 53,904               53,904  
Net income attributable to noncontrolling interests 78,567                 78,567
Other comprehensive income (loss) (7,972)             (7,972)    
Distributions to noncontrolling interests (63,875)                 (63,875)
Vesting of Class C Units (in shares) [1]     2,196,284              
Vesting of Class C Units $ 904   $ 904              
Redemption of equity attributable to noncontrolling interests     $ 14,990              
Balance, ending of period (in shares) at Dec. 31, 2023 0   484,922,828 [1] 0            
Balance, ending of period at Dec. 31, 2023 $ 1,075,014 [2]   $ 496,882 $ 0   0   18,561 155,453 404,118
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Net income attributable to redeemable noncontrolling interests (6,144)                  
Redeemable noncontrolling interests, ending balance at Dec. 31, 2024 1,158                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income attributable to Ardent Health Partners, Inc. 210,343               210,343  
Net income attributable to noncontrolling interests 95,509                 95,509
Other comprehensive income (loss) (8,824)             (8,824)    
Distributions to noncontrolling interests (72,856)                 (72,856)
Vesting of Class C Units (in shares)     986,855 [1]   13,800,000          
Vesting of Class C Units 738 $ 198,792 $ 738   $ 138   $ 198,654      
Redemption of equity attributable to noncontrolling interests 26,024                 11,034
Conversion of member units to common stock (in shares)     (485,909,683) [1] (128,963,328)            
Conversion of member units to common stock 0   $ (497,620) $ 1,290   536,291       (39,961)
Proceeds from the sale of noncontrolling interest 5,364         2,351       3,013
Vesting of restricted stock unit awards (in shares)       32,227            
Tax withholding on vesting of restricted stock unit awards (in shares)       (8,200)            
Tax withholding on vesting of restricted stock unit awards (121)         (121)        
Forfeiture of restricted stock awards (in shares)       (39,537)            
Equity-based compensation $ 17,240         17,240        
Balance, ending of period (in shares) at Dec. 31, 2024 142,747,818   0 142,747,818            
Balance, ending of period at Dec. 31, 2024 $ 1,521,199 [2]   $ 0 $ 1,428   $ 754,415   $ 9,737 $ 365,796 $ 389,823
[1] (*) See Note 1 "Description of the Business and Basis of Presentation - Initial Public Offering and Corporate Conversion" for further discussion.
[2] As of December 31, 2024 and December 31, 2023, the consolidated balance sheets included total liabilities of consolidated variable interest entities of $306.4 million and $337.8 million, respectively. Refer to Note 2 "Summary of Significant Accounting Policies" for further discussion.