Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Income Tax Expense

For the years ended December 31, 2023, 2022, and 2021, the Company recorded income tax expense as shown below. The tax provision in future periods will vary based on current and future temporary differences, as well as future operating results.

	Year Ended December 31,
	2023		2022		2021
Current expense:
Federal income taxes	$	(1,304)	$	(1,178)	$	(12)
State income taxes	(369)		(348)		(230)
Current income tax expense	(1,673)		(1,526)		(242)
Deferred benefit (expense):
Federal income taxes	208		(55)		(1,049)
State income taxes	(128)		(32)		223
Deferred income tax benefit (expense)	80		(87)		(826)
Income tax expense	$	(1,593)	$	(1,613)	$	(1,068)

Schedule of Effective Tax Rate Reconciliation

The Company’s effective tax rate differs from that derived by applying the applicable federal income tax rate of 21% for the years ended December 31, 2023, 2022 and 2021 as follows:

	Year Ended December 31,
	2023		2022		2021
Statutory federal income taxes	$	(1,439)	$	(1,567)	$	(1,341)
Statutory state income taxes, net	(174)		(257)		(193)
Change in uncertain tax positions	(158)		(163)		(79)
Nondeductible expenses	(34)		(42)		(27)
Net income attributable to noncontrolling interest	173		195		163
Excess stock compensation	1		59		163
Federal tax credits	75		76		46
Tax rate changes	(129)		47		191
Other	92		39		9
Income tax expense	$	(1,593)	$	(1,613)	$	(1,068)

Schedule of Deferred Tax Assets (Liabilities)

The tax effects of these temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2023 and 2022 are presented below.

	December 31,
	2023		2022
Deferred tax assets:
Carryforwards	$	582	$	375
Accrued and other	560		512
Total gross deferred tax assets	1,142		887
Less: valuation allowance	(25)		(40)
Deferred tax assets	1,117		847
Deferred tax liabilities:
Investment in partnership	(20,061)		(19,899)
Accrued and other	(10)		(6)
Deferred tax liabilities	(20,071)		(19,905)
Net deferred tax liabilities	$	(18,954)	$	(19,058)

Roll Forward of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits, exclusive of interest and penalties, is as follows:

BALANCE, December 31, 2021	$	377
Activity on prior year tax positions	(20)
Additions on current year tax positions	166
Reductions on settlements with taxing authorities and expirations	(8)
BALANCE, December 31, 2022	515
Activity on prior year tax positions	13
Additions on current year tax positions	154
Reductions on settlements with taxing authorities and expirations	(35)
BALANCE, December 31, 2023	$	647