Quarterly report [Sections 13 or 15(d)]

NONCONTROLLING INTERESTS IN SUBSIDIARIES (Tables)

v3.25.2
NONCONTROLLING INTERESTS IN SUBSIDIARIES (Tables)
 6 Months Ended
Jun. 30, 2025
Noncontrolling Interest [Abstract]  
Schedule of Activity of Noncontrolling Interests
The following table reflects the activity of noncontrolling interests for the three and six months ended June 30, 2025 and 2024, respectively:
  Three Months Ended
June 30,		 Six Months Ended
June 30,
 (dollars in thousands) 2025   2024 2025 2024
Opening Balance $ 128,691  $ 139,985  $ 133,678  $ 142,075 
Net income (loss) 939  (187) (2,092) (753)
Unit distributions (689) (521) (1,379) (978)
Redeemable noncontrolling interests (81) (81) (162) (378)
Change in noncontrolling interests in consolidated joint ventures (441) (209) (529) (1,142)
Redemption of common units for common stock (30) (113) (539) (113)
Redemption of common units —  —  (148) — 
Other comprehensive income (loss) (8) (72) (101) 22 
Rebalancing of ownership percentage between parent and subsidiaries 89  (154) (258) (85)
Balance at June 30 $ 128,470  $ 138,648  $ 128,470  $ 138,648