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Acquisition of MPC Partnership Holdings LLC (Tables)
 12 Months Ended
Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The following table summarizes the consideration transferred as of the Acquisition Date, excluding transaction costs:
Cash consideration paid by RMR LLC
$84,474 
Earnout
14,547 
Total consideration
$99,021 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the fair value amounts recognized for the assets acquired and liabilities assumed and resulting goodwill as of the Acquisition Date:
Assets acquired:
Cash and cash equivalents
$5,703 
Real estate
8,460 
Due from related parties
6,788 
Prepaid and other current assets
1,373 
Intangible assets:
Property management and investment management agreements
13,456 
Trade name
5,175 
Investor relationships
1,843 
Acquired leases
703 
Total intangible assets
21,177 
Total assets acquired43,501 
Liabilities assumed:
Mortgage note payable
4,726 
Other liabilities
9,212 
Total liabilities
13,938 
Net identifiable assets acquired
29,563 
Noncontrolling interests in consolidated entity
(444)
Goodwill
69,902 
Total consideration
$99,021 
The allocation of the fair value of the Woodstock Property and related acquired leases as of the Acquisition Date is as follows:
Land$1,400 
Building and improvements7,060 
Acquired leases703 
Total real estate and acquired leases
$9,163 
Schedule of Business Acquisition, Pro Forma Information The unaudited pro forma financial information is presented for informational purposes only and is not necessarily indicative of future operations or results had the Acquisition been completed as of October 1, 2022.
Fiscal Years Ended September 30,
20242023
Total revenues$909,231 $1,029,963 
Net income 50,489 101,324 
Net income attributable to The RMR Group Inc.22,003 45,383 
Asset Acquisition Our allocation of the purchase price of this acquisition is based on the relative fair value of the acquired assets and is presented in the following table:
Land
$10,084 
Building and improvements
58,032 
Acquired leases
2,393 
Total consideration
$70,509