XML 43 R27.htm IDEA: XBRL DOCUMENT
v3.25.2

50% OWNED SUBSIDIARY (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Noncontrolling Interest [Abstract] |
Schedule of Equity Method Investments | Financial amounts of RHB and the Company’s share of such amounts are shown below:
| June 30, 2025 |  | December 31, 2024
Current assets - RHB’s Balance Sheet | $ | 115,819 |  |  | $ | 126,177 |
Current liabilities - RHB’s Balance Sheet | $ | 124,894 |  |  | $ | 135,550 |
Investment in unconsolidated subsidiary - Sterling’s Balance Sheet (1) | $ | 109,040 |  |  | $ | 107,400 |
(1) Includes the basis difference recognized as a result of the deconsolidation of RHB. The basis difference was $96,214 and $100,507 at June 30, 2025 and December 31, 2024, respectively.
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
RHB’s Statements of Operations |  |  |  |  |  |  |
Revenues | $ | 61,321 |  |  | $ | 73,947 |  |  | $ | 104,767 |  |  | $ | 112,411 |
Income before tax | $ | 11,865 |  |  | $ | 14,520 |  |  | $ | 19,940 |  |  | $ | 19,611 |
Sterling’s Statements of Operations |  |  |  |  |  |  |
Revenues | $ | — |  |  | $ | 73,947 |  |  | $ | — |  |  | $ | 112,411 |
Income before tax (1) | $ | 3,785 |  |  | $ | 7,260 |  |  | $ | 5,677 |  |  | $ | 9,806 |
(1) For the three and six months ended June 30, 2025, Sterling’s portion of income before tax includes $1,872 and $3,743, respectively of intangible asset amortization and $275 and $550, respectively of depreciation expense related to the basis difference in the fair value step up recognized in the deconsolidation of RHB on December 31, 2024.

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_NoncontrollingInterestAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration