| Schedule of Investments in Unconsolidated Affiliates On Aggregated Basis |
The following is a summary of the statements of income for the investments in unconsolidated affiliates on an aggregated basis for the periods indicated (in thousands):
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THREE MONTHS ENDED JUNE 30, |
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2026 |
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2025 |
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BTDI |
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ALL
OTHERS |
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TOTAL |
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BTDI |
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ALL
OTHERS |
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TOTAL |
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Income statement: |
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Revenues |
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$ |
109,533 |
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$ |
42,905 |
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$ |
152,438 |
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$ |
100,890 |
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$ |
39,282 |
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$ |
140,172 |
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Expenses |
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78,142 |
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34,476 |
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112,618 |
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72,416 |
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31,971 |
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104,387 |
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Net income |
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$ |
31,391 |
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$ |
8,429 |
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$ |
39,820 |
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$ |
28,474 |
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$ |
7,311 |
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$ |
35,785 |
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Company’s share of net income |
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$ |
14,966 |
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$ |
4,226 |
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$ |
19,192 |
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$ |
13,616 |
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$ |
3,411 |
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$ |
17,027 |
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Amortization of basis difference |
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(500 |
) |
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(73 |
) |
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(573 |
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(500 |
) |
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— |
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(500 |
) |
Equity in earnings of unconsolidated
affiliates |
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$ |
14,466 |
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$ |
4,153 |
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$ |
18,619 |
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$ |
13,116 |
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$ |
3,411 |
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$ |
16,527 |
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SIX MONTHS ENDED JUNE 30, |
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2026 |
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2025 |
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BTDI |
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ALL
OTHERS |
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TOTAL |
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BTDI |
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ALL
OTHERS |
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TOTAL |
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Income statement: |
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Revenues |
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$ |
208,505 |
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$ |
83,616 |
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$ |
292,121 |
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$ |
193,945 |
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$ |
77,989 |
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$ |
271,934 |
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Expenses |
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151,437 |
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67,855 |
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219,292 |
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141,684 |
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61,522 |
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203,206 |
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Net income |
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$ |
57,068 |
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$ |
15,761 |
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$ |
72,829 |
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$ |
52,261 |
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$ |
16,467 |
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$ |
68,728 |
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Company’s share of net income |
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$ |
27,211 |
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$ |
7,537 |
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$ |
34,748 |
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$ |
25,014 |
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$ |
7,831 |
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$ |
32,845 |
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Amortization of basis difference |
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(1,000 |
) |
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(105 |
) |
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(1,105 |
) |
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(1,000 |
) |
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— |
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(1,000 |
) |
Equity in earnings of unconsolidated
affiliates |
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$ |
26,211 |
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$ |
7,432 |
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$ |
33,643 |
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$ |
24,014 |
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$ |
7,831 |
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$ |
31,845 |
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