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Noncontrolling Interest (Tables)

9 Months Ended

Sep. 30, 2025

Noncontrolling Interest [Abstract]

Schedule of Tax Distributions

Tax distributions to the partners of the Operating Company for the three and nine months ended September 30, 2025 and 2024, were as follows (in thousands):

			Three Months Ended September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
Management Partner			$	448					$	221					$	448					$	221
Other partners (excluding the Holding Company)			2,653						1,378						2,653						1,378
Total tax distributions			$	3,101					$	1,599					$	3,101					$	1,599

Schedule of Redeemable Noncontrolling Interest

The carrying amount of the Hearthstone Venture redeemable noncontrolling interests as of July 31, 2025, the Acquisition Date, and September 30, 2025 were as follows (in thousands):

			HRH Class A Unit Noncontrolling Interests						HRH Class B Unit Noncontrolling Interests						Hearthstone Professional Entities Noncontrolling Interests						Total Hearthstone Venture Redeemable Noncontrolling Interests
BALANCE - July 31, 2025			$	19,188					$	12,072					$	12,982					$	44,242
Hearthstone Venture net income allocation			162						188						—						350
Class B Unit conversions			1,600						(1,600)						—						—
Distributions and redemptions			—						—						(65)						(65)
BALANCE - September 30, 2025			$	20,950					$	10,660					$	12,917					$	44,527

X

- Definition

Tabular disclosure of payment of cash or stock made to limited partner of limited partnership (LP).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-Publisher FASB
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No definition available.

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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.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 480
-SubTopic 10
-Name Accounting Standards Codification
-Section S45
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479887/480-10-S45-3

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 480
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479857/480-10-S50-3

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 480
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3A
-Subparagraph (24)
-Publisher FASB
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