Company: DBRG
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001679688-25-000043
Chunk: 25

Company: DigitalBridge Group, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 25
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018)Amounts reclassified from AOCI (1)319 AOCI at March 31, 2024$712 AOCI at December 31, 2024$505 Other comprehensive income (loss) before reclassifications2,092 AOCI at March 31, 2025$2,597 __________(1)    Amounts reclassified out of AOCI attributable to stockholders reflect the release of foreign currency cumulative translation adjustments and were immaterial in the first quarter of 2024.

8. Noncontrolling InterestsRedeemable Noncontrolling InterestsThe following table presents the activities in redeemable noncontrolling interests in open-end funds in the liquid securities strategy consolidated by the Company.Three Months Ended March 31,(In thousands)20252024Redeemable noncontrolling interestsBeginning balance$24,356 $17,862 Contributions 1,300 1,001 Distributions paid and payable, including redemptions(808)— Net income (loss) (748)733 Ending balance$24,100 $19,596  Noncontrolling Interests in Operating CompanyCertain current and former employees of the Company directly or indirectly own interests in OP, presented as noncontrolling interests in the Operating Company. Noncontrolling interests in OP have the right to require OP to redeem part or all of such member’s OP Units for cash based on the market value of an equivalent number of shares of the Company's class A common stock at the time of redemption, or at the Company's election as managing member of OP, through issuance of shares of class A common stock (registered or unregistered) on a one-for-one basis. At the end of each period, noncontrolling interests in OP is adjusted to reflect their ownership percentage in OP at the end of the period, through a reallocation between controlling and noncontrolling interests in OP.

Redemption of OP Units—The Company redeemed OP Units totaling 13,000 in 2025 and 452,418 in 2024 through issuance of an equal number of shares of class A common stock on a one-for-one basis. 

9. Fair ValueRecurring Fair ValuesFinancial assets and financial liabilities carried at fair value on a recurring basis include financial instruments for which the fair value option was elected. Fair value is categorized into a three tier hierarchy that is prioritized based upon the level of transparency in inputs used in the valuation techniques, as follows.Level 1—Quoted