v3.26.1
Unconsolidated Affiliates (Tables)
 6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investments in Unconsolidated Affiliates

Investments in unconsolidated affiliates are as follows (in millions):

 

 

 

 

June 30, 2026

 

 

December 31, 2025

 

 

 

Ownership Percentage (1)

 

Carrying Value

 

 

Excess carrying value of investment over proportionate share of net assets

 

 

Carrying Value

 

 

Excess carrying value of investment over proportionate share of net assets

 

Orbit Private Investments L.P.

 

9.8%

 

$

190.5

 

 

$

—

 

 

$

202.9

 

 

$

—

 

Broadway Square Partners, LLP

 

50.0%

 

 

50.3

 

 

 

27.4

 

 

 

51.2

 

 

 

27.8

 

International Financial Data Services L.P.

 

50.0%

 

 

42.9

 

 

 

23.0

 

 

 

41.4

 

 

 

24.6

 

Pershing Road Development Company, LLC

 

50.0%

 

 

10.5

 

 

 

49.4

 

 

 

10.3

 

 

 

50.6

 

Other unconsolidated affiliates

 

 

 

 

1.1

 

 

 

—

 

 

 

1.9

 

 

 

—

 

Total

 

 

 

$

295.3

 

 

$

99.8

 

 

$

307.7

 

 

$

103.0

 

 

Ownership percentage is as of June 30, 2026 and December 31, 2025.
Schedule of Equity in Earnings of Unconsolidated Affiliates

Equity in earnings of unconsolidated affiliates, net are as follows (in millions):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Orbit Private Investments L.P.

 

$

0.1

 

 

$

(0.3

)

 

$

4.5

 

 

$

0.1

 

Broadway Square Partners, LLP

 

 

(0.4

)

 

 

—

 

 

 

(0.9

)

 

 

(0.4

)

International Financial Data Services L.P.

 

 

1.2

 

 

 

2.2

 

 

 

1.1

 

 

 

4.4

 

Pershing Road Development Company, LLC

 

 

—

 

 

 

(0.3

)

 

 

0.2

 

 

 

(0.2

)

Other unconsolidated affiliates

 

 

2.1

 

 

 

—

 

 

 

2.0

 

 

 

—

 

Total

 

$

3.0

 

 

$

1.6

 

 

$

6.9

 

 

$

3.9