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Redeemable Non-controlling Interest (Tables)
3 Months Ended
Mar. 31, 2026
Redeemable Noncontrolling Interest, Equity, Carrying Amount [Abstract]  
Summary of Redeemable Non-controlling Interest Activity

The following table summarizes the redeemable non-controlling interest activity for the three months ended March 31, 2026 and for the year ended December 31, 2025:

 

 

Three Months Ended

 

 

For the Year Ended

 

 

(In thousands)

 

March 31, 2026

 

 

December 31, 2025

 

 

Balance at beginning of period

 

$

373,328

 

 

$

422,943

 

 

Redemption of redeemable non-controlling interest

 

 

(4,311

)

 

 

(49,615

)

 

Net income attributable to redeemable non-controlling interests

 

 

2,251

 

 

 

9,413

 

 

Annual recurring compensation earned

 

 

(2,251

)

 

 

(9,413

)

 

Balance at end of period

 

$

369,017

 

 

$

373,328