Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATION AND GOODWILL - Schedule of Identifiable Assets Acquired and Liabilities Assumed (Details)

v3.23.3
BUSINESS COMBINATION AND GOODWILL - Schedule of Identifiable Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Mar. 31, 2023
Jan. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Payments to Acquire Businesses and Interest in Affiliates [Abstract]            
Class A Units       $ 0 $ 14,930  
Assets acquired, liabilities assumed and non-controlling interests            
Goodwill $ 233,365     233,365   $ 55,982
Newbury Partners LLC            
Payments to Acquire Businesses and Interest in Affiliates [Abstract]            
Cash 319,364          
Liabilities Assumed 736 $ 700        
Total consideration for equity interest acquired 320,100 320,100        
Assets acquired, liabilities assumed and non-controlling interests            
Net tangible acquired assets 80,081     80,081    
Fair value of net assets acquired 229,081     229,081    
Non-controlling interest (86,365)     (86,365)    
Goodwill 177,384 177,400   177,384    
Acquired assets and liabilities 320,100     320,100    
Newbury Partners LLC | Trade name            
Assets acquired, liabilities assumed and non-controlling interests            
Finite lived intangible assets 3,000 3,000   3,000    
Newbury Partners LLC | Client Relationships            
Assets acquired, liabilities assumed and non-controlling interests            
Finite lived intangible assets 48,000 48,000   48,000    
Newbury Partners LLC | Management/In Place Contracts            
Assets acquired, liabilities assumed and non-controlling interests            
Finite lived intangible assets $ 98,000 $ 98,000   $ 98,000    
GBC            
Payments to Acquire Businesses and Interest in Affiliates [Abstract]            
Cash     $ 15,089      
Class A Units     14,930      
Total consideration for equity interest acquired     30,019      
Assets acquired, liabilities assumed and non-controlling interests            
Cash     56      
Working capital     623      
Other liabilities     (104)      
Fair value of net assets acquired     3,920      
Non-controlling interest     (20,053)      
Goodwill     46,152      
Acquired assets and liabilities     30,019      
GBC | Trade name            
Assets acquired, liabilities assumed and non-controlling interests            
Finite lived intangible assets     150      
GBC | Management/In Place Contracts            
Assets acquired, liabilities assumed and non-controlling interests            
Finite lived intangible assets     $ 3,195