Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2023

Schedule of Change in Ownership Interest

The following table summarizes changes in the ownership interest in consolidated subsidiaries during the periods presented:


	Three Months Ended March 31,
	2023		2022
Net income (loss) attributable to Class A common shareholders	$	51,999	$	(9,985)
Transfers from the noncontrolling interest, net 1	978		N/A
Change from Net income (loss) attributable to Class A common shareholders and net transfers from Noncontrolling interest	$	52,977	$	(9,985)

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1 The three months ended March 31, 2023 includes a net transfer of $1.0 million from Noncontrolling interest for share repurchases and common stock issuances related to employees’ share-based compensation with a corresponding adjustment to Paid-in capital. This equity adjustment had no impact on earnings other than a resulting increase to the noncontrolling interest proportionate share of net income and a corresponding decrease to the proportionate share of net income attributable to Class A common shareholders.