| Schedule Of Changes In The Value Of The Redeemable Noncontrolling Interests |
The following tables set forth the changes in Mandatorily redeemable noncontrolling interests for the three and six months ended June 30, 2023 (dollars in thousands):
|
|
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|
|
|
|
|
|
|
|
Rockpoint
Interests
in VRT |
| Balance at January 1 and April 1, 2023 |
|
$ |
— |
| Reclassification |
|
479,977 |
| Income Attributed to Noncontrolling Interests |
|
5,748 |
| Distributions |
|
(5,748) |
|
| Redemption Value Adjustment |
|
7,642 |
| Balance at Balance at June 30, 2023 |
|
$ |
487,619 |
The following tables set forth the changes in Redeemable noncontrolling interests within the mezzanine section for the three and six months ended June 30, 2023 and 2022, respectively (dollars in thousands):
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|
|
|
|
|
|
Series A and
A-1 Preferred
Units
In VRLP |
|
Rockpoint
Interests
in VRT
|
|
Total
Redeemable
Noncontrolling
Interests |
| Balance at April 1, 2023 |
|
$ |
40,231 |
|
$ |
479,977 |
|
$ |
520,208 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income Attributed to Noncontrolling Interests |
|
350 |
|
267 |
|
617 |
| Distributions |
|
(350) |
|
|
(267) |
|
|
(617) |
|
|
|
|
|
|
|
|
| Reclassification to Mandatorily Redeemable Non-controlling Interests |
|
— |
|
|
(479,977) |
|
(479,977) |
| Balance at June 30, 2023 |
|
$ |
40,231 |
|
$ |
— |
|
$ |
40,231 |
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|
|
|
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|
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|
|
|
|
|
|
|
Series A and
A-1 Preferred
Units
In VRLP |
|
Rockpoint
Interests
in VRT |
|
Total
Redeemable
Noncontrolling
Interests |
| Balance at April 1, 2022 |
|
$ |
40,302 |
|
$ |
472,210 |
|
$ |
512,512 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income Attributed to Noncontrolling Interests |
|
350 |
|
6,016 |
|
6,366 |
| Distributions |
|
(350) |
|
|
(6,016) |
|
|
(6,366) |
|
| Redemption Value Adjustment |
|
(71) |
|
3,884 |
|
3,813 |
| Balance at June 30, 2022 |
|
$ |
40,231 |
|
$ |
476,094 |
|
$ |
516,325 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Series A and
A-1 Preferred
Units
In VRLP |
|
Rockpoint
Interests
in VRT
|
|
Total
Redeemable
Noncontrolling
Interests |
| Balance at Balance at January 1, 2023 |
|
$ |
40,231 |
|
$ |
475,000 |
|
$ |
515,231 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income Attributed to Noncontrolling Interests |
|
700 |
|
6,283 |
|
6,983 |
| Distributions |
|
(700) |
|
|
(6,283) |
|
|
(6,983) |
|
| Redemption Value Adjustment |
|
— |
|
|
4,977 |
|
4,977 |
| Reclassification to Mandatorily Redeemable Non-controlling Interests |
|
— |
|
|
(479,977) |
|
(479,977) |
Balance at June 30, 2023 |
|
$ |
40,231 |
|
$ |
— |
|
$ |
40,231 |
|
|
|
|
|
|
|
|
|
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|
|
|
|
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|
|
|
|
|
|
|
Series A and
A-1 Preferred
Units
In VRLP |
|
Rockpoint
Interests
in VRT |
|
Total
Redeemable
Noncontrolling
Interests |
| Balance at January 1, 2022 |
|
$ |
52,324 |
|
$ |
468,989 |
|
$ |
521,313 |
| Redemption/Payout |
|
(12,000) |
|
— |
|
(12,000) |
|
|
|
|
|
|
|
| Net |
|
40,324 |
|
468,989 |
|
509,313 |
| Income Attributed to Noncontrolling Interests |
|
771 |
|
12,032 |
|
12,803 |
| Distributions |
|
(771) |
|
|
(12,032) |
|
|
(12,803) |
|
| Redemption Value Adjustment |
|
(93) |
|
7,105 |
|
7,012 |
Balance at June 30, 2022 |
|
$ |
40,231 |
|
$ |
476,094 |
|
$ |
516,325 |
|