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Preferred Shares (Tables)

12 Months Ended

Dec. 31, 2021

Preferred Shares [Abstract]

Schedule of preferred shares issued and outstanding

Preferred Shares		Number of Shares		Shareholders
Series A1 Preferred		31,357,306		Ashmore Global Special Situations Fund 4 Limited Partnership and Ashmore Global Special Situations Fund 5 Limited Partnership (“Ashmore”) and International Finance Corporation (“IFC”)
Series B1 Preferred		15,649,083		Ashmore Cayman SPC Limited (“Ashmore Cayman”) and IFC
Series EEL Preferred		22,311,516		Evergreen Ever Limited (“EEL”)
Total		69,317,905

Schedule of balance of Series Preferred and redeemable noncontrolling interests

(In thousands)		Series A1/C1 Preferred				Series B1/C2 Preferred				Series EEL/D1 Preferred				Redeemable noncontrolling interests
Balance as of January 1, 2019		$	76,864			$	65,881			$	153,223			$	79,615
Accretion before the extinguishment			961				804				15,439				796
Conversion from Series A1 to C2 Preferred			(11,417	)			11,417				—				—
Fair value change of preferred shares and redeemable noncontrolling interests due to the extinguishment			7,135				(12,146	)			(56,127	)			(8,299	)
Accretion after the extinguishment			3,141				7,144				15,400				8,449
Ending balance as of December 31, 2019		$	76,684			$	73,100			$	127,935			$	80,561
Accretion			3,897				8,866				18,648				10,259
Ending balance as of December 31, 2020		$	80,581			$	81,966			$	146,583			$	90,820
Accretion from January 1 to July 23			2,257				5,132				10,708				5,841
Conversion as of Merger			(82,838	)			(87,098	)			(157,291	)			(96,661	)
Ending balance as of December 31, 2021		$	—			$	—			$	—			$	—

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- Definition

Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity.

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- Definition

Tabular disclosure of preferred units of master limited partnerships that have priority over limited partner units in areas including liquidation, redemption, conversion, tax status of distribution or sharing in distributions. This schedule ordinarily includes a description of the preferred units that details various rights including redemption, conversion, liquidation, and sharing in distributions; capital contributed by preferred partners; number of preferred units authorized to be issued, issued, and outstanding; aggregate cumulative cash distributions made to the preferred partners; aggregate cumulative net income earned by the preferred partners; capital account balance of the preferred partners.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 5
-Subparagraph (SAB TOPIC 4.F)
-URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187171-122770

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