XML 43 R33.htm IDEA: XBRL DOCUMENT v3.23.1
Noncontrolling Interest (Tables)
3 Months Ended
Mar. 31, 2023
Noncontrolling Interest [Abstract]  
Summary of Recorded Adjustments to Noncontrolling Interest

Noncontrolling interest is recorded at its carrying value. From the period from December 31, 2022 through March 31, 2023, the Company recorded adjustments to the value of noncontrolling interest as presented in the table below (in thousands):

 

 

 

Noncontrolling Interest

 

Balance – December 31, 2022

 

$

2,164,228

 

Net income

 

 

25,066

 

Share-based compensation

 

 

555

 

Conversion of Class C Common Stock to Class A Common Stock

 

 

(183

)

Distributions to noncontrolling interest

 

 

(49,206

)

Balance – March 31, 2023

 

$

2,140,460