Annual report [Section 13 and 15(d), not S-K Item 405]

Redeemable Noncontrolling Interests (Tables)

v3.25.4
Redeemable Noncontrolling Interests (Tables)
12 Months Ended
Dec. 31, 2025
Noncontrolling Interest [Abstract]  
Schedule of Activity for Redeemable Noncontrolling Interest The table below sets forth the activity for redeemable noncontrolling interests (in thousands):
For the Years Ended December 31,
2025 2024 2023
Beginning balance $ 23,974  $ 23,580  $ 26,293 
Distributions to noncontrolling interests (3,156) (1,962) (2,569)
Net income attributable to noncontrolling interests 3,156  1,962  2,454 
Adjustment for changes in fair value of interests 1,532  394  72 
Reclassification of Stevens Investors, LLC interests to equity —  —  (2,670)
Ending balance $ 25,506  $ 23,974  $ 23,580