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Condensed Consolidated Statements of Changes in Equity (Statement) - USD ($)
$ in Thousands
Total
Common Units
Common Stock
Additional Paid-in Capital
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            
Common units 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 income (loss) (4,564)       (4,564)    
Distributions to noncontrolling interests (12,555)           (12,555)
Vesting of Class C Units (in shares) [1]   587,053          
Issuance of stock 360 $ 360          
Common units 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 Sep. 30, 2023 9,071            
Common units 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. 58,057            
Other comprehensive income (loss) 56            
Common units balance, ending of period (in shares) at Sep. 30, 2023 [1]   484,415,199          
Balance, ending of period at Sep. 30, 2023 1,083,509 $ 496,701     26,589 159,606 400,613
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            
Common units 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 income (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          
Issuance of stock 182 $ 182          
Common units 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
Increase (Decrease) in Temporary Equity [Roll Forward]              
Net loss attributable to redeemable noncontrolling interests 33            
Redeemable noncontrolling interests, ending balance at Sep. 30, 2023 9,071            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income attributable to Ardent Health Partners, Inc. 20,838         20,838  
Net income attributable to noncontrolling interests 17,837           17,837
Other comprehensive income (loss) 31       31    
Distributions to noncontrolling interests (18,868)           (18,868)
Vesting of Class C Units (in shares) [1]   543,589          
Issuance of stock 181 $ 181          
Common units balance, ending of period (in shares) at Sep. 30, 2023 [1]   484,415,199          
Balance, ending of period at Sep. 30, 2023 1,083,509 $ 496,701     26,589 159,606 400,613
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            
Common units balance, beginning of period (in shares) at Dec. 31, 2023 484,922,828            
Balance, beginning of period at Dec. 31, 2023 $ 1,075,014 [2] $ 496,882 $ 0 $ 0 18,561 155,453 404,118
Balance, beginning of period (in shares) at Dec. 31, 2023 0 484,922,828 [3] 0        
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 income (loss) 703       703    
Distributions to noncontrolling interests (14,256)           (14,256)
Vesting of Class C Units (in shares) [3]   464,853          
Issuance of stock 512 $ 512          
Balance, ending of period at Mar. 31, 2024 1,110,109 $ 497,394 $ 0 0 19,264 182,500 410,951
Balance, ending of period (in shares) at Mar. 31, 2024   485,387,681 [3] 0        
Redeemable noncontrolling interests, beginning balance at Dec. 31, 2023 7,302            
Redeemable noncontrolling interests, ending balance at Sep. 30, 2024 $ 2,391            
Common units balance, beginning of period (in shares) at Dec. 31, 2023 484,922,828            
Balance, beginning of period at Dec. 31, 2023 $ 1,075,014 [2] $ 496,882 $ 0 0 18,561 155,453 404,118
Balance, beginning of period (in shares) at Dec. 31, 2023 0 484,922,828 [3] 0        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income attributable to Ardent Health Partners, Inc. $ 96,139            
Other comprehensive income (loss) $ (9,075)            
Common units balance, ending of period (in shares) at Sep. 30, 2024 0            
Balance, ending of period at Sep. 30, 2024 $ 1,384,478 [2] $ 0 $ 1,428 743,364 9,486 251,592 378,608
Balance, ending of period (in shares) at Sep. 30, 2024 0 0 [3] 142,735,842        
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 at Mar. 31, 2024 1,110,109 $ 497,394 $ 0 0 19,264 182,500 410,951
Balance, beginning of period (in shares) at Mar. 31, 2024   485,387,681 [3] 0        
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 income (loss) (2,255)       (2,255)    
Distributions to noncontrolling interests (17,401)           (17,401)
Vesting of Class C Units (in shares) [3]   522,002          
Issuance of stock 226 $ 226          
Balance, ending of period at Jun. 30, 2024 1,158,989 $ 497,620 $ 0 0 17,009 225,270 419,090
Balance, ending of period (in shares) at Jun. 30, 2024   485,909,683 [3] 0        
Increase (Decrease) in Temporary Equity [Roll Forward]              
Net loss attributable to redeemable noncontrolling interests (1,277)            
Redeemable noncontrolling interests, ending balance at Sep. 30, 2024 2,391            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income attributable to Ardent Health Partners, Inc. 26,322         26,322  
Net income attributable to noncontrolling interests 20,960           20,960
Other comprehensive income (loss) (7,523)       (7,523)    
Distributions to noncontrolling interests (21,481)           (21,481)
Vesting of Class C Units (in shares)     13,800,000        
Issuance of stock 199,122   $ 138 198,984      
Conversion of member units to common stock (in shares)   (485,909,683) [3] (128,963,328)        
Conversion of member units to common stock 0 $ (497,620) $ 1,290 536,291     (39,961)
Vesting of restricted stock unit awards (in shares)     9,441        
Tax withholding on vesting of restricted stock unit awards (in shares)     (2,396)        
Tax withholding on vesting of restricted stock unit awards (46)     (46)      
Forfeiture of restricted stock awards (in shares)     (34,531)        
Equity-based compensation $ 8,135     8,135      
Common units balance, ending of period (in shares) at Sep. 30, 2024 0            
Balance, ending of period at Sep. 30, 2024 $ 1,384,478 [2] $ 0 $ 1,428 $ 743,364 $ 9,486 $ 251,592 $ 378,608
Balance, ending of period (in shares) at Sep. 30, 2024 0 0 [3] 142,735,842        
[1] (*) See Note 1, Description of the Business and Basis of Presentation - Initial Public Offering and Corporate Conversion, for further discussion.
[2] As of September 30, 2024 and December 31, 2023, the unaudited condensed consolidated balance sheets included total liabilities of consolidated variable interest entities of
$303.2 million and $337.8 million, respectively. Refer to Note 2, Summary of Significant Accounting Policies, for further discussion.
[3] (*) See Note 1, Description of the Business and Basis of Presentation - Initial Public Offering and Corporate Conversion, for further discussion.