Income Taxes (Tables)

3 Months Ended

Mar. 31, 2022

Income Tax Disclosure [Abstract]

Reconciliation of the statutory federal tax rate to effective income tax rate

A reconciliation of the statutory federal tax rate to the Company’s effective income tax rate is as follows:

	Three Months Ended   March 31,
	2022		2021
Statutory U.S. federal income tax rate	21.0	%	21.0	%
State and local income taxes, net of federal benefit	4.6	%	4.4	%
Internal revenue code section 162 limitations	1.3	%	1.1	%
Other	(0.9)	%	—	%
Unconsolidated effective income tax rate	26.0	%	26.5	%
Impact attributable to redeemable noncontrolling interest(a)	1.9	%	(0.8)	%
Effective income tax rate	27.9	%	25.7	%