Redeemable Non-Controlling Interest (Tables)

3 Months Ended

Mar. 31, 2024

The following table details the changes in the carrying amount (fair value) of the Company’s redeemable non-controlling interests:

	Three Months Ended			Year Ended
	March 31, 2024			December 31, 2023
	(In thousands)
Beginning balance	$	174,828		$	167,515
Net income allocated to redeemable non-controlling interest partners		2,227			4,426
Distributions to redeemable non-controlling interest partners		(2,100	)		(11,533	)
Changes in the fair value of redeemable non-controlling interest		1,439			13,565
Purchases of redeemable non-controlling interest		(2,777	)		(12,073	)
Acquired interest		16,901			11,007
Sales of redeemable non-controlling interest		382			5,012
Changes in notes receivable related to redeemable non-controlling interest		(167	)		(3,091	)
Ending balance	$	190,733		$	174,828

The following table categorizes the carrying amount (fair value) of the redeemable non-controlling interests:

	March 31, 2024		December 31, 2023
	(In thousands)
Contractual time period has lapsed but holder’s employment has not terminated	$	76,938	$	96,876
Contractual time period has not lapsed and holder’s employment has not terminated		113,795		77,952
Holder’s employment has terminated and contractual time period has expired		-		-
Holder’s employment has terminated and contractual time period has not expired		-		-
	$	190,733	$	174,828