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Redeemable Non-Controlling Interest in Subsidiary
9 Months Ended
Sep. 30, 2024
Noncontrolling Interest [Abstract]  
Redeemable Non-Controlling Interest in Subsidiary

Note 16. Redeemable Non-Controlling Interest in Subsidiary

The following table summarizes the activity related to the redeemable non-controlling interest in the subsidiary for the periods indicated below (in thousands of USD):

 

 

2024

 

 

2023

 

Balance as of January 1

 

$

41,429

 

 

$

46,964

 

Net income attributable to redeemable non-controlling interest

 

 

96

 

 

 

(411

)

Balance as of March 31

 

 

41,525

 

 

 

46,553

 

Net income attributable to redeemable non-controlling interest

 

 

181

 

 

 

(83

)

Balance as of June 30

 

 

41,706

 

 

 

46,470

 

Net income attributable to redeemable non-controlling interest

 

 

143

 

 

 

(87

)

Balance as of September 30

 

$

41,849

 

 

$

46,383