Redeemable Noncontrolling Interests (Tables)

6 Months Ended

Jun. 30, 2025

Noncontrolling Interest [Abstract]

Schedule of Redeemable Noncontrolling Interest

Redeemable noncontrolling interests for the six months ended June 30, 2025 included the following amounts:

(in thousands)	CIP		Noncontrolling Interests Investment Manager		Total
Balances at December 31, 2024	$	45,667	$	61,615	$	107,282
Net income (loss) attributable to noncontrolling interests	2,152		3,139		5,291
Changes in redemption value (1)	—		(5,190)		(5,190)
Total net income (loss) attributable to noncontrolling interests	2,152		(2,051)		101
Investment management subsidiary equity sales (purchases)	—		(1,053)		(1,053)
Net subscriptions (redemptions) and other	19,008		(2,241)		16,767
Balances at June 30, 2025	$	66,827	$	56,270	$	123,097

(1)    Relates to noncontrolling interests redeemable at other than fair value.