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Equity (Tables)
9 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Noncontrolling Interests
The following tables present a rollforward of the noncontrolling interests for the three and nine months ended December 31, 2024 and 2023:
Noncontrolling Interests
(Dollars in thousands)Trusts
BCH Class S Ordinary
BCH Class S Preferred
BCH Preferred Series A.0 Non-Redeemable
BCH Preferred Series A.1
BCH Preferred Series C
Class A of CTTotal Noncontrolling Interests
Balance, September 30, 2024
$(171,108)$— $— $125,526 $197,689 $— $— $152,107 
Net loss(1,232)— — 2,517 (4,844)— — (3,559)
Reclass of distributions payable to noncontrolling interest holder(135)— — (2,517)— — — (2,652)
Reclass of BCH Preferred A.0 Non-Redeemable from temporary to permanent equity
— — — 35,000 — — — 35,000 
Balance, December 31, 2024
$(172,475)$— $— $160,526 $192,845 $— $— $180,896 
Noncontrolling Interests
(Dollars in thousands)Trusts
BCH Class S Ordinary
BCH Class S Preferred
BCH Preferred Series A.0 Non-Redeemable
BCH Preferred A.1
BCH Preferred Series C
Class A of CTTotal Noncontrolling Interests
Balance, March 31, 2024
$(165,712)$— $— $— $207,943 $— $— $42,231 
Net loss
(6,281)— — 2,517 (15,098)— — (18,862)
Reclass of distributions payable to noncontrolling interest holder
(482)— — (2,517)— — — (2,999)
Reclass of BCH Preferred A.0 from temporary to permanent equity
— — — 160,526 — — — 160,526 
Balance, December 31, 2024
$(172,475)$— $— $160,526 $192,845 $— $— $180,896 

Noncontrolling Interests
(Dollars in thousands)Trusts
BCH Class S Ordinary
BCH Class S Preferred
BCH Preferred Series A.1
BCH Preferred Series C
Class A of CTTotal Noncontrolling Interests
Balance, September 30, 2023
$(138,441)$9,697 $856 $691,255 $— $269 $563,636 
Net loss
(26,241)(9,697)(856)(350,141)— — (386,935)
Reclass of distributions payable to noncontrolling interest holder(196)— — — — — (196)
Distribution to noncontrolling interest— — — — — (269)(269)
Balance, December 31, 2023
$(164,878)$— $— $341,114 $— $— $176,236 
Noncontrolling Interests
(Dollars in thousands)Trusts
BCH Class S Ordinary
BCH Class S Preferred
BCH Preferred Series A.1
BCH Preferred Series C
Class A of CTTotal Noncontrolling Interests
Balance, March 31, 2023
$(118,299)$52,560 $856 $— $205,759 $1,337 $142,213 
Net loss
(43,698)(48,676)(856)(351,385)— (1,068)(445,683)
Reclass of distributions payable to noncontrolling interest holder
(763)— — — — — (763)
Issuance of shares in connection with recent financings133 — — — — — 133 
Reduction of noncontrolling interest in connection with recent financings(3,272)— — — — — (3,272)
Issuance of noncontrolling interest in connection with recent financings79 — — — — — 79 
Conversion of Class S Ordinary to Class A common stock— (3,884)— — — — (3,884)
Conversion of Preferred Series C to Class A common stock— — — — (205,759)— (205,759)
Deemed dividend for BCG Preferred Series B.2 Unit Accounts preferred return— — — (6,942)— — (6,942)
Reclass of BCH Preferred A.1 from temporary to permanent equity— — — 699,441 — — 699,441 
Distribution to noncontrolling interest— — — — — (269)(269)
Issuance of Series B-1 preferred stock and noncontrolling interest in connection with recent financings942 — — — — — 942 
Balance, December 31, 2023
$(164,878)$— $— $341,114 $— $— $176,236