Quarterly report [Sections 13 or 15(d)]

NONCONTROLLING INTERESTS IN SUBSIDIARIES (Tables)

v3.25.3
NONCONTROLLING INTERESTS IN SUBSIDIARIES (Tables)
 9 Months Ended
Sep. 30, 2025
Noncontrolling Interest [Abstract]  
Schedule of Activity of Noncontrolling Interests
The following table reflects the activity of noncontrolling interests for the three and nine months ended September 30, 2025 and 2024, respectively:
  Three Months Ended
September 30,		 Nine Months Ended
September 30,
 (dollars in thousands) 2025   2024 2025 2024
Opening Balance $ 128,470  $ 138,648  $ 133,678  $ 142,075 
Net income (loss) 6,089  (1,215) 3,997  (1,968)
Unit distributions (691) (613) (2,070) (1,591)
Redeemable noncontrolling interests (81) (81) (243) (459)
Change in noncontrolling interests in consolidated joint ventures (18,749) (486) (19,278) (1,628)
Redemption of common units for common stock (70) (22) (609) (135)
Redemption of common units (308) —  (456) — 
Other comprehensive income (loss) 23  (411) (78) (389)
Rebalancing of ownership percentage between parent and subsidiaries 290  83  32  (2)
Balance at September 30 $ 114,973  $ 135,903  $ 114,973  $ 135,903