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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The Company and its subsidiaries are based in the U.S. and file federal and various state income tax returns. The components of the provision for income taxes were as follows:

			Years Ended December 31,
			2020						2019						2018
Current tax expense			$	3,032					$	1,182					$	288
Deferred tax (benefit) expense			19,439						(27,398)						1,450
Income tax (benefit) expense			$	22,471					$	(26,216)					$	1,738

Schedule of Effective Income Tax Rate Reconciliation

The items comprising the difference between income taxes computed at the U.S. federal statutory rates in effect for 2020, 2019 and 2018 and our effective tax rates were as follows:

			Years Ended December 31,
			2020												2019												2018
			Amount						%						Amount						%						Amount						%
Tax expense at the U.S. federal statutory rate			$	13,729					21.0		%				$	3,041					21.0		%				$	6,568					21.0		%
State income taxes, net of federal benefits			5,149						7.9		%				1,670						11.5		%				364						1.2		%
Taxes on subsidiaries’ and joint ventures’ earnings allocated to noncontrolling interests owners			(141)						(0.2)		%				(2,241)						(15.5)		%				(4,097)						(13.1)		%
Valuation allowance			—						—		%				(29,375)						(202.9)		%				(1,013)						(3.2)		%
Executive compensation, including stock incentives			1,881						2.9		%				805						5.6		%				26						0.1		%
Other permanent differences			1,853						2.8		%				(116)						(0.8)		%				(110)						(0.4)		%
Income tax (benefit) expense			$	22,471					34.4		%				$	(26,216)					(181.1)		%				$	1,738					5.6		%

Schedule of Deferred Tax Assets and Liabilities

The components of deferred tax assets and liabilities were as follows:

			Long Term
			As of December 31,
			2020						2019
Assets related to:
Accrued compensation and other			$	4,743					$	3,981
Noncontrolling interests			1,860						1,812
Deferred revenue			—						922
Members interest liabilities			9,131						11,328
Right of use liabilities			3,687						3,253
Derivative Liability			1,557						—
Deferred Payments			2,223						—
Net operating loss carryforwards			14,316						19,801
Total deferred tax assets			37,517						41,097
Liabilities related to:
Depreciation of property and equipment			(16,490)						(7,911)
Right of use assets			(3,680)						(3,232)
Amortization of tax basis goodwill			(7,099)						(3,091)
Other			(2,431)						(851)
Total deferred tax liabilities			$	(29,700)					$	(15,085)
Net total deferred tax asset			$	7,817					$	26,012

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319

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