Quarterly report pursuant to Section 13 or 15(d)

NONCONTROLLING INTERESTS IN SUBSIDIARIES (Tables)

v3.24.2
NONCONTROLLING INTERESTS IN SUBSIDIARIES (Tables)
 6 Months Ended
Jun. 30, 2024
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, 2024 and 2023, respectively:
  Three Months Ended
June 30,		 Six Months Ended
June 30,
 (dollars in thousands) 2024   2023 2024 2023
Opening Balance $ 139,985  $ 157,439  $ 142,075  $ 163,652 
Net (loss) income (187) (2,701) (753) 1,042 
Unit distributions (521) —  (978) — 
Redeemable noncontrolling interests (81) (617) (378) (7,444)
Change in noncontrolling interests in consolidated joint ventures (209) —  (1,142) (562)
Redemption of common units for common stock (113) (4,192) (113) (9,051)
Redemption of common units —  (78) —  (94)
Stock compensation —  94  —  487 
Other comprehensive (loss) income (72) 137  22  50 
Rebalancing of ownership percentage between parent and subsidiaries (154) 983  (85) 2,985 
Balance at June 30 $ 138,648  $ 151,065  $ 138,648  $ 151,065