XML 35 R23.htm IDEA: XBRL DOCUMENT v3.23.3
Noncontrolling Interests
 9 Months Ended
Sep. 30, 2023
Noncontrolling Interest [Abstract]  
Noncontrolling Interests Noncontrolling Interests
Redeemable Noncontrolling Interests
In connection with the Company's previous acquisitions of New Video Channel America L.L.C (owner of the cable channel BBC America) and RLJ Entertainment, the terms of the acquisition agreements provide the noncontrolling members with a right to put all of their noncontrolling interest to subsidiaries of the Company at a future time. Since the exercise of these put rights is outside the Company's control, the noncontrolling interest in each entity is presented as a redeemable noncontrolling interest outside of stockholders' equity on the Company's consolidated balance sheet.
The following tables summarize activity related to redeemable noncontrolling interest for the three and nine months ended September 30, 2023 and 2022:
(In thousands)Three Months Ended September 30, 2023
June 30, 2023$241,486 
Net earnings4,056 
Distributions(20,142)
September 30, 2023$225,400 
(In thousands)Three Months Ended September 30, 2022
June 30, 2022$270,726 
Net earnings4,443 
Distributions(2,686)
September 30, 2022$272,483 
(In thousands)Nine Months Ended September 30, 2023
December 31, 2022$253,669 
Net earnings17,126 
Distributions(45,395)
September 30, 2023$225,400 
(In thousands)Nine Months Ended September 30, 2022
December 31, 2021$283,849 
Net earnings12,971 
Distributions(24,866)
Other529 
September 30, 2022$272,483