NONCONTROLLING INTERESTS (Tables)

6 Months Ended

Jun. 30, 2024

A summary of the Company’s redeemable noncontrolling interests on its consolidated balance sheets is set forth below:



	June 30, 2024		December 31, 2023
Redeemable noncontrolling interest - DaVinci	$	2,760,164	$	2,541,482
Redeemable noncontrolling interest - Medici	1,631,508		1,650,229
Redeemable noncontrolling interest - Vermeer	1,489,892		1,555,297
Redeemable noncontrolling interest - Fontana	453,744		353,823
Redeemable noncontrolling interests	$	6,335,308	$	6,100,831

A summary of the Company’s redeemable noncontrolling interests on its consolidated statements of operations is set forth below:



	Three months ended				Six months ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Redeemable noncontrolling interest - DaVinci	$	152,511	$	59,527	$	300,524	$	225,609
Redeemable noncontrolling interest - Vermeer	56,624		52,163		109,595		99,568

Redeemable noncontrolling interest - Medici	13,249		62,190		59,518		107,259
Redeemable noncontrolling interest - Fontana	2,347		1,027		(79)		9,855
Net income (loss) attributable to redeemable noncontrolling interests	$	224,731	$	174,907	$	469,558	$	442,291

The activity in redeemable noncontrolling interest – DaVinci is detailed in the table below:



	Three months ended				Six months ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Beginning balance	$	2,634,555	$	2,234,541	$	2,541,482	$	1,740,300
Redemption of shares from redeemable noncontrolling interests	(26,147)		(27,320)		(381,849)		(77,495)
Sale of shares to redeemable noncontrolling interests, net of adjustments	(755)		700		300,007		379,034

Net income (loss) attributable to redeemable noncontrolling interest	152,511		59,527		300,524		225,609

Ending balance	$	2,760,164	$	2,267,448	$	2,760,164	$	2,267,448

The activity in redeemable noncontrolling interest – Medici is detailed in the table below:



	Three months ended				Six months ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Beginning balance	$	1,778,763	$	1,307,741	$	1,650,229	$	1,036,218
Redemption of shares from redeemable noncontrolling interests, net of adjustments	(181,983)		—		(227,550)		(17,648)
Sale of shares to redeemable noncontrolling interests	21,479		170,589		167,721		414,691
Net income (loss) attributable to redeemable noncontrolling interest	13,249		62,190		59,518		107,259
Dividends on common shares	—		—		(18,410)		—

Ending balance	$	1,631,508	$	1,540,520	$	1,631,508	$	1,540,520

The activity in redeemable noncontrolling interest – Vermeer is detailed in the table below:



	Three months ended				Six months ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Beginning balance	$	1,433,268	$	1,538,245	$	1,555,297	$	1,490,840
Dividends on common shares	—		—		(175,000)		—


Net income (loss) attributable to redeemable noncontrolling interest	56,624		52,163		109,595		99,568

Ending balance	$	1,489,892	$	1,590,408	$	1,489,892	$	1,590,408

The activity in redeemable noncontrolling interest – Fontana is detailed in the table below:



	Three months ended				Six months ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Beginning balance	$	451,397	$	276,859	$	353,823	$	268,031

Sale of shares to redeemable noncontrolling interest	—		—		100,000		—

Net income (loss) attributable to redeemable noncontrolling interest	2,347		1,027		(79)		9,855

Ending balance	$	453,744	$	277,886	$	453,744	$	277,886