v3.26.1
Consolidated Statements of Changes in Partners' Capital - USD ($)
Total
Limited Partner Interest - PS Holdco
 [1]
Non-controlling Interest
Beginning balance at Dec. 31, 2024 $ 967,258,449 $ 920,469,068 $ 46,789,381
Capital contributions 357,904 357,904  
Capital distributions (36,324,872) (32,097,113) (4,227,759)
Net income (loss) 19,824,062 19,730,830 93,232
Ending balance at Mar. 31, 2025 951,115,543 908,460,689 42,654,854
Beginning balance at Dec. 31, 2025 1,079,112,888 1,016,418,004 62,694,884
Capital contributions 185,407 185,407  
Capital distributions (36,286,646) (30,626,088) (5,660,558)
Net income (loss) (158,533,633) (147,589,853) (10,943,780)
Ending balance at Mar. 31, 2026 $ 884,478,016 $ 838,387,470 $ 46,090,546
[1] Pershing Square Holdco GP, LLC, the general partner of Pershing Square Holdco, L.P., did not have a capital balance at any time during the periods disclosed and is therefore not shown in the Consolidated Statements of Changes in Partners' Capital.