v3.26.3
FAIR VALUE MEASUREMENTS (Tables)
 9 Months Ended
Sep. 30, 2026
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block] (in thousands):
Level 1Level 2Level 3
Investments Measured at NAV (1)
Total
As of September 30, 2026:
Equity investments$11,529 $173 $— $— $11,702 
Private capital investment funds— — — 11,963 11,963 
Total assets measured at fair value$11,529 $173 $— $11,963 $23,665 
As of December 31, 2025:
Equity investments$17,731 $156 $— $— $17,887 
Private capital investment funds— — — 3,546 3,546 
Total assets measured at fair value$17,731 $156 $— $3,546 $21,433 
(1) Comprised of certain investments measured at fair value using NAV as a practical expedient. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented on our Condensed Consolidated Balance Sheets.
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The following table summarizes the changes in Level 3 liabilities, related to earn-outs from our 2022 acquisition of the asset management business of Salient Partners, L.P., measured at fair value on a recurring basis for the periods presented (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Beginning balance$— $— $— $4,657 
Payments— — $— (4,657)
Ending balance$— $— $— $— 
The final measurement date of the growth earn-out was in 2025 and the final payment for the revenue retention earn-out was made in the first quarter of 2025.