| Schedule of Investments in Unconsolidated Affiliates On Aggregated Basis |
The following is a summary of the statements of income for the investments in unconsolidated affiliates on an aggregated basis for the periods indicated (in thousands):
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THREE MONTHS ENDED MARCH 31, |
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2026 |
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2025 |
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BTDI |
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ALL
OTHERS |
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TOTAL |
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BTDI |
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ALL
OTHERS |
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TOTAL |
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Income statement: |
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Revenues |
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$ |
98,972 |
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$ |
40,704 |
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$ |
139,676 |
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$ |
93,054 |
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$ |
38,445 |
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$ |
131,499 |
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Expenses |
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73,295 |
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33,741 |
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107,036 |
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69,268 |
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29,289 |
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98,557 |
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Net income |
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$ |
25,677 |
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$ |
6,963 |
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$ |
32,640 |
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$ |
23,786 |
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$ |
9,156 |
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$ |
32,942 |
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Company’s share of net income |
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$ |
12,245 |
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$ |
3,310 |
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$ |
15,555 |
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$ |
11,398 |
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$ |
4,420 |
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$ |
15,818 |
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Amortization of basis difference |
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(500 |
) |
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(31 |
) |
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(531 |
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(500 |
) |
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— |
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(500 |
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Equity in earnings of unconsolidated
affiliates |
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$ |
11,745 |
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$ |
3,279 |
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$ |
15,024 |
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$ |
10,898 |
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$ |
4,420 |
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$ |
15,318 |
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