XML 75 R40.htm IDEA: XBRL DOCUMENT v3.25.0.1
Equity and Redeemable Noncontrolling Interests (Tables)
12 Months Ended
Dec. 31, 2024
Noncontrolling Interest [Abstract]  
Schedule of Redeemable Noncontrolling Interest
From December 31, 2021 through December 31, 2024, we recorded adjustments to the value of our redeemable noncontrolling interests as shown below:

Redeemable Noncontrolling Interest
(in thousands)
Balance as of December 31, 2021$2,325,013 
Net income attributable to redeemable noncontrolling interests381,257 
Contributions5,985 
Distributions(213)
Cash distributions from OpCo initiated by Class A common stock dividend, Manager Compensation and income taxes, net(126,384)
Accrued OpCo cash distribution initiated by Manager Compensation(9,513)
Equity-based compensation18,623 
Cancellation of OpCo Units associated with 2022 Equity Transactions(158,065)
Balance as of December 31, 2022$2,436,703 
Net income attributable to redeemable noncontrolling interests253,909 
Contributions1,238 
Distributions(417)
Cash distributions from OpCo initiated by Class A common stock dividend, Manager Compensation and income taxes, net(80,805)
Accrued OpCo cash distribution initiated by Manager Compensation(6,794)
Equity-based compensation42,782 
Change in redeemable noncontrolling interests associated with the Class A Conversions(679,567)
Change in redeemable noncontrolling interests associated with the 2023 Equity Issuance(65,841)
Balance as of December 31, 2023$1,901,208 
Net (loss) attributable to redeemable noncontrolling interests(21,863)
Distributions(293)
Cash distributions from OpCo initiated by Class A common stock dividend, Manager Compensation and income taxes, net(48,008)
Accrued OpCo cash distribution initiated by Manager Compensation(4,525)
Equity-based compensation67,042 
Repurchase of redeemable noncontrolling interest(10,569)
Change in redeemable noncontrolling interests associated with the 2024 Equity Transactions(514,955)
Change in redeemable noncontrolling interests associated with the SilverBow Merger(143,540)
Cancellation of OpCo Units associated with 2024 Class A Repurchases3,832 
Balance as of December 31, 2024$1,228,329