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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Sep. 30, 2023
Assets    
Cash and cash equivalents $ 141,599 $ 267,989
Prepaid and other current assets 9,789 6,997
Assets held for sale 8,700 0
Total current assets 294,118 386,309
Loans held for investment, net of allowance for credit losses of $343 and $0, respectively 56,221 0
Property and equipment, net of accumulated depreciation of $3,447 and $3,212, respectively 76,433 5,446
Equity method investments 23,733 18,651
Goodwill 71,761 1,859
Intangible assets, net of accumulated amortization of $3,719 and $983, respectively 20,299 167
Operating lease right of use assets 27,353 29,032
Deferred tax asset 15,163 18,220
Other assets, net of accumulated amortization of $87,740 and $78,324, respectively 106,063 115,479
Total assets 700,494 582,424
Current liabilities:    
Reimbursable accounts payable and accrued expenses 90,444 77,924
Accounts payable and accrued expenses 31,599 22,578
Current portion of Earnout liability 517 0
Operating lease liabilities 5,906 5,068
Liabilities held for sale 4,973 0
Total current liabilities 133,439 105,570
Operating lease liabilities, net of current portion 22,147 25,044
Amounts due pursuant to tax receivable agreement, net of current portion 18,442 20,886
Employer compensation liability, net of current portion 9,350 7,261
Earnout liability, net of current portion 11,441 0
Secured financing facility, net 41,109 0
Mortgage note payable 45,149 0
Total liabilities 281,077 158,761
Commitments and contingencies
Equity:    
Additional paid in capital 118,811 116,010
Retained earnings 436,226 413,096
Cumulative common distributions (317,495) (289,072)
Total shareholders’ equity 237,574 240,066
Noncontrolling interest in The RMR Group LLC 181,439 183,597
Noncontrolling interest in consolidated entity 404 0
Total noncontrolling interests 181,843 183,597
Total equity 419,417 423,663
Total liabilities and equity 700,494 582,424
Parent Company    
Assets    
Cash and cash equivalents 23,189 26,802
RMR LLC    
Assets    
Cash and cash equivalents 118,410 241,187
Class A    
Equity:    
Common stock 16 16
Class B-1 common shares    
Equity:    
Common stock 1 1
Class B-2 common shares    
Equity:    
Common stock 15 15
Related Party    
Assets    
Due from related parties 134,030 111,323
Due from related parties, net of current portion $ 9,350 $ 7,261