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Redeemable Noncontrolling Interest (Tables)
3 Months Ended
Mar. 31, 2022
Noncontrolling Interest [Abstract]  
Summary of Activity of Redeemable Noncontrolling Interest

The following table summarizes the activity of redeemable noncontrolling interest during the three months ended March 31, 2022 and 2021:

 

 

 

2022

 

 

2021

 

Balance at January 1

 

$

89,955

 

 

$

 

Initial proceeds from Centerbridge

 

 

 

 

 

100,000

 

Increase (decrease):

 

 

 

 

 

 

Proceeds allocated to warrants*

 

 

 

 

 

(9,217

)

Issuance costs

 

 

 

 

 

(6,262

)

Issuance costs allocated to warrants*

 

 

 

 

 

577

 

Accrued cash dividends

 

 

1,342

 

 

 

458

 

Accretion - increasing dividend rates

 

 

906

 

 

 

336

 

Dividends paid

 

 

(2,508

)

 

 

 

Balance at March 31

 

$

89,695

 

 

$

85,892

 

*Net decrease related to warrants of $8,640.