v3.26.1
Condensed Consolidated Statements of Changes in Redeemable Senior Preferred Membership Interests and Members' Equity - USD ($)
BW Ultimate Parent, LLC and Subsidiaries
Members' Capital
BW Ultimate Parent, LLC and Subsidiaries
Non-controlling Interest
BW Ultimate Parent, LLC and Subsidiaries
Total
Balance as of beginning (in shares) at Dec. 31, 2024     150,000  
Balance as of beginning at Dec. 31, 2024     $ 203,839,000  
Redeemable Senior Preferred Membership Interests        
Accretion     8,394,000  
Balance as of end at Mar. 31, 2025     $ 212,233,000  
Balance as of end (in shares) at Mar. 31, 2025     150,000  
Balance as of beginning at Dec. 31, 2024 $ 573,654,000 $ 1,076,000 $ 574,730,000  
Members' Equity        
Distributions (2,367,000) (26,000) (2,393,000)  
Accretion (8,394,000)   (8,394,000)  
Net income (loss) (5,634,000)   (5,634,000) $ (282)
Balance as of end at Mar. 31, 2025 557,259,000 1,050,000 $ 558,309,000  
Balance as of beginning (in shares) at Dec. 31, 2025     150,000  
Balance as of beginning at Dec. 31, 2025     $ 239,628,000  
Redeemable Senior Preferred Membership Interests        
Distributions     (743,000)  
Accretion     10,402,000  
Balance as of end at Mar. 31, 2026     $ 249,287,000  
Balance as of end (in shares) at Mar. 31, 2026     150,000  
Balance as of beginning at Dec. 31, 2025 582,070,000 1,099,000 $ 583,169,000  
Members' Equity        
Distributions (5,115,000)   (5,115,000)  
Accretion (10,402,000)   (10,402,000)  
Net income (loss) 30,236,000   30,236,000 $ (47,546)
Balance as of end at Mar. 31, 2026 $ 596,789,000 $ 1,099,000 $ 597,888,000