v3.26.1
Noncontrolling Interests (Tables)
6 Months Ended
Jun. 30, 2026
Noncontrolling Interest [Abstract]  
Summary of Redeemable Noncontrolling Interests

The components of redeemable noncontrolling interests are as follows (in thousands):

 

Balance at January 1, 2025

 

$

117,116

 

Contributions from noncontrolling partners in joint ventures

 

 

67,504

 

Net income attributable to noncontrolling interests

 

 

10,849

 

Distributions to noncontrolling partners in joint ventures

 

 

(3,877

)

Balance at December 31, 2025

 

 

191,592

 

Contributions from noncontrolling partners in joint ventures

 

 

22,035

 

Net income attributable to noncontrolling interests

 

 

1,691

 

Distributions to noncontrolling partners in joint ventures

 

 

(2,593

)

Balance at June 30, 2026

 

$

212,725