Non-Controlling Interests and Preferred Stock of Subsidiaries (Tables)

3 Months Ended

Sep. 30, 2022

Noncontrolling Interest [Abstract]

Summary of Non-controlling Interests Balance on Condensed Consolidated Balance Sheet

The following table summarizes the non-controlling interest balances on the condensed consolidated balance sheets:

(in thousands)	September 30, 2022		June 30, 2022
HC LLC
Temporary equity	$	2,887	$	2,225
Permanent equity		2,887		2,225
Total HC LLC		5,774		4,450
Consolidated Fund
Permanent equity		-		642
Forest
Permanent equity		2,102		3,666
Total non-controlling interests	$	7,876	$	8,758

Summary of Non-controlling Interests Balance on Condensed Consolidated Statements of Operations

The following table summarizes the net (loss) income attributable to the non-controlling interests on the condensed consolidated statements of operations:

	For the three months ended September 30,
(in thousands)	2022			2021
HC LLC
Temporary equity		662			205
Permanent equity		662			205
Total HC LLC		1,324			410
GEC GP
Permanent equity		-			(2	)
Consolidated Fund
Permanent equity		(8	)		(85	)
Forest
Permanent equity		(1,564	)		(17	)
Total net (loss) income attributable to non-controlling interest	$	(248	)	$	306

Summary of Preferred Stock of Subsidiary Balances on Condensed Consolidated Balance Sheets

The following table summarizes the share activity for the preferred stock of subsidiaries:

	Balance, as of June 30, 2022		Redemption of Preferred Stock			Balance, as of September 30, 2022
HC LLC
Series A-1 Preferred Stock		4,090		(407	)		3,683
Series A-2 Preferred Stock		34,010		-			34,010
Total HC LLC		38,100		(407	)		37,693
Forest
Forest Preferred Stock		35,010		-			35,010
Total		73,110		(407	)		72,703