v3.26.1
ACQUISITIONS (Tables)
 6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Assets Acquired and Liabilities Assumed
The following table summarizes the amounts recognized for the estimated fair value of the assets acquired, liabilities assumed and noncontrolling interests of the Hearthstone Venture and resulting goodwill as of the Acquisition Date (in thousands):
Consideration$57,562 
Recognized amounts of identifiable assets acquired and liabilities assumed
Cash and cash equivalents2,255 
Related party receivables and contract assets10,653 
Investment in funds16,508 
Intangible assets13,672 
Other assets1,113 
Total assets44,201 
Accounts payable and other liabilities12,209 
Total liabilities12,209 
Net identifiable assets acquired31,992 
Goodwill69,812 
Net assets acquired101,804 
Less: redeemable noncontrolling interests in the Hearthstone Venture44,242 
$57,562 
Schedule of Business Combination
The following table summarizes the amounts recognized for the estimated fair value of the assets acquired, liabilities assumed and noncontrolling interests of the Hearthstone Venture and resulting goodwill as of the Acquisition Date (in thousands):
Consideration$57,562 
Recognized amounts of identifiable assets acquired and liabilities assumed
Cash and cash equivalents2,255 
Related party receivables and contract assets10,653 
Investment in funds16,508 
Intangible assets13,672 
Other assets1,113 
Total assets44,201 
Accounts payable and other liabilities12,209 
Total liabilities12,209 
Net identifiable assets acquired31,992 
Goodwill69,812 
Net assets acquired101,804 
Less: redeemable noncontrolling interests in the Hearthstone Venture44,242 
$57,562 
Schedule of Pro Forma Information
The following table presents the Company’s unaudited pro forma consolidated revenues and net income for the three and six months ended June 30, 2025 as if the Hearthstone Venture acquisition had occurred on January 1, 2025 (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
20252025
Revenues$11,933 $29,906 
Net income$9,237 $69,877