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Noncontrolling and Redeemable Noncontrolling Interests (Tables)
6 Months Ended
Jun. 30, 2024
Noncontrolling Interest [Abstract]  
Noncontrolling Interest
The following table presents Net income (loss) attributable to noncontrolling and redeemable noncontrolling interests between Class C shareholders and other equity interest holders for the three and six months ended June 30, 2024 and 2023:
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
(dollars in thousands)
Net loss attributable to Class C shareholders
$(2,535)$(771)$(3,582)$(2,734)
Net income (loss) attributable to other equity interest holders
773 (29)1,596 219 
Net loss attributable to noncontrolling interests
$(1,762)$(800)$(1,986)$(2,515)
Net income (loss) attributable to redeemable noncontrolling interests773 (971)1,566 (3,514)
Net loss attributable to noncontrolling and redeemable noncontrolling interests
$(989)$(1,771)$(420)$(6,029)

The following table presents noncontrolling interests between Class C shareholders and other equity interest holders as of June 30, 2024 and December 31, 2023:
June 30,
2024
December 31,
2023
(dollars in thousands)
Noncontrolling interest of Class C shareholders$416,814 $436,215 
Noncontrolling interest of other equity interest holders (1)
21,540 32,362 
Total noncontrolling interests$438,354 $468,577 
(1) In January 2024, the Company entered into an agreement to purchase the remaining noncontrolling ownership interest in a subsidiary it previously controlled, the consideration for which was a portion of the subsidiary that was transferred to the noncontrolling interest owner. The non-cash purchase resulted in a reduction of the subsidiary noncontrolling interest by approximately $10 million.
Redeemable Noncontrolling Interest
The following table presents changes in redeemable noncontrolling interests for the six months ended June 30, 2024 and the year ended December 31, 2023:
June 30,
2024
December 31,
2023
(dollars in thousands)
Beginning balance$10,792 $39,111 
Redemptions (1)
— (22,172)
Distributions(1,409)(5,800)
Changes in redemption value135 442 
Net income (loss) attributable to redeemable noncontrolling interests1,566 (634)
Other23 (155)
Ending balance$11,107 $10,792 
(1) Redemptions for the year ended December 31, 2023, is associated with redeemable noncontrolling interest of a certain brand we did not previously own. The amount was reclassified as a deferred acquisition contingent obligation (see Note 6).