XML 50 R36.htm IDEA: XBRL DOCUMENT v3.25.4
Redeemable Non-Controlling Interest (Tables)
 12 Months Ended
Dec. 31, 2025
Redeemable Non-Controlling Interest [Abstract]  
Changes in Carrying Amount (Fair Value) of Redeemable Non-Controlling Interest
For the years ended December 31, 2025, 2024 and 2023, the following table details the changes in the carrying amount (fair value) of the redeemable non-controlling interests.

 
For the Year Ended
  
   
December 31, 2025
    
December 31, 2024
    
December 31,
2023
  
    (In thousands)  
Beginning balance
  
$
269,025
    
$
174,828
    
$
167,515
  
Net income allocated to redeemable non-controlling interest
    
13,849
      
10,044
      
4,426
  
Distributions to redeemable non-controlling interest partners
    
(14,768
)
    
(10,579
)
    
(11,533
)
Changes in the fair value of redeemable non-controlling interest
    
24,521
      
4,964
      
13,565
  
Purchases of redeemable non-controlling interest
    
(14,382
)
    
(8,122
)
    
(12,073
)
Acquired interest
    
7,991
      
100,336
      
11,007
  
Transfer from non-controlling interest to redeemable non-controlling interest (permanent equity)
     5,753       -       -  
Sales of redeemable non-controlling interest
    
2,433
      
1,969
      
5,012
  
Changes in notes receivable related to redeemable non-controlling interest
    
(1,206
)
    
(1,016
)
    
(3,091
)
Reduction due to separation agreement
     -       (3,033 )     -  
Adjustments in notes receivables related to the sales of redeemable non-controlling interest
    
-
      
(366
)
    
-
  
Other
     95       -       -  
Ending balance
  
$
293,311
    
$
269,025
    
$
174,828
  
Carrying Amount of (Fair Value) Redeemable Non-Controlling Interest
The following table categorizes the carrying amount (fair value) of the redeemable non-controlling interests.

    As of the Year Ended  
 
December 31, 2025
    
December 31, 2024
    
   December 31, 2023
  
    (In thousands)  
Contractual time period has lapsed but holder’s employment has not terminated
  
$
79,773
    
$
74,668
    
$
96,876
  
Contractual time period has not lapsed and holder’s employment has not terminated
    
213,538
      
194,357
      
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
    
-
      
-
      
-
  
   
$
293,311
    
$
269,025
    
$
174,828