Non-Controlling Interests |
12 Months Ended |
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Dec. 31, 2024 | |
| Non-Controlling Interests | |
| Non-Controlling Interests |
11. Non-Controlling Interests On April 21, 2023, Aevitas ceased to be a controlled Fortress entity and as such is no longer consolidated (see Note 3). Tamid was dissolved in the year ended December 31, 2023 due to inactivity. The Company’s ownership interest in its consolidated subsidiaries in 2024 was similar to 2023, except for Avenue, which increased from 4% to 9.2% due to the acquisition of additional common shares (see Note 16); Journey, which decreased from 50% to 44.5% due to dilution from the issuance of equity securities (see Note 13) and Mustang, which decreased from 19% to 6.3% due to dilution from the issuance of equity securities (see Note 13). |
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- Definition The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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