REDEEMABLE NONCONTROLLING INTERESTS (Tables)

6 Months Ended

Jun. 30, 2023

Temporary Equity Disclosure [Abstract]

Schedule Of Changes In The Value Of The Redeemable Noncontrolling Interests

The following tables set forth the changes in Mandatorily redeemable noncontrolling interests for the three and six months ended June 30, 2023 (dollars in thousands):

	Rockpoint Interests in VRT
Balance at January 1 and April 1, 2023	$	—
Reclassification	479,977
Income Attributed to Noncontrolling Interests	5,748
Distributions	(5,748)
Redemption Value Adjustment	7,642
Balance at Balance at June 30, 2023	$	487,619

The following tables set forth the changes in Redeemable noncontrolling interests within the mezzanine section for the three and six months ended June 30, 2023 and 2022, respectively (dollars in thousands):

	Series A and A-1 Preferred Units In VRLP		Rockpoint Interests in VRT		Total Redeemable Noncontrolling Interests
Balance at April 1, 2023	$	40,231	$	479,977	$	520,208
Income Attributed to Noncontrolling Interests	350		267		617
Distributions	(350)		(267)		(617)
Reclassification to Mandatorily Redeemable Non-controlling Interests	—		(479,977)		(479,977)
Balance at June 30, 2023	$	40,231	$	—	$	40,231

	Series A and A-1 Preferred Units In VRLP		Rockpoint Interests in VRT		Total Redeemable Noncontrolling Interests
Balance at April 1, 2022	$	40,302	$	472,210	$	512,512
Income Attributed to Noncontrolling Interests	350		6,016		6,366
Distributions	(350)		(6,016)		(6,366)
Redemption Value Adjustment	(71)		3,884		3,813
Balance at June 30, 2022	$	40,231	$	476,094	$	516,325

	Series A and A-1 Preferred Units In VRLP		Rockpoint Interests in VRT		Total Redeemable Noncontrolling Interests
Balance at Balance at January 1, 2023	$	40,231	$	475,000	$	515,231
Income Attributed to Noncontrolling Interests	700		6,283		6,983
Distributions	(700)		(6,283)		(6,983)
Redemption Value Adjustment	—		4,977		4,977
Reclassification to Mandatorily Redeemable Non-controlling Interests	—		(479,977)		(479,977)
Balance at June 30, 2023	$	40,231	$	—	$	40,231

	Series A and A-1 Preferred Units In VRLP		Rockpoint Interests in VRT		Total Redeemable Noncontrolling Interests
Balance at January 1, 2022	$	52,324	$	468,989	$	521,313
Redemption/Payout	(12,000)		—		(12,000)
Net	40,324		468,989		509,313
Income Attributed to Noncontrolling Interests	771		12,032		12,803
Distributions	(771)		(12,032)		(12,803)
Redemption Value Adjustment	(93)		7,105		7,012
Balance at June 30, 2022	$	40,231	$	476,094	$	516,325