Company: DBRG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001679688-25-000017
Chunk: 208

Company: DigitalBridge Group, Inc.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 208
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 of the performance period  are forfeited. PSUs for which the probability of meeting the DE target changes during the measurement period are reflected as either additional units granted or forfeited. Fair value of equity awards that vested, determined based upon their respective fair values at vesting date, totaled $23.6 million, $50.3 million and $53.9 million for the years ended December 31, 2024, 2023 and 2022, respectively.

At December 31, 2024, aggregate unrecognized compensation cost for all unvested equity awards was $29.0 million, which is expected to be recognized over a weighted average period of 1.6 years. 

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14. Income Taxes Income Tax Benefit (Expense) The components of current and deferred tax benefit (expense) are as follows. Year Ended December 31,(In thousands)202420232022CurrentFederal$(107)$167 $3,986 State and local946 1,058 (786)Foreign(6,978)(1,252)(1,163)Total current tax benefit (expense)(6,139)(27)2,037 DeferredFederal— (1,004)(13,850)State and local— 124 (2,419)Foreign3,195 901 1,100 Total deferred tax benefit (expense)3,195 21 (15,169)Income tax benefit (expense) on continuing operations$(2,944)$(6)$(13,132)The Company has no income tax benefits recognized for uncertain tax positions as of and during the years ended December 31, 2024 and 2023. Deferred Income Tax Asset and Liability Deferred tax asset and deferred tax liability are presented within other assets, and other liabilities, respectively. The components of deferred tax asset and deferred tax liability are as follows. (In thousands)December 31, 2024December 31, 2023Deferred tax assetCapital losses (1)$312,852 $366,083 Net operating losses (2)141,094 146,537 Investment in partnerships83,123 131,828 Equity-based compensation10,872 15,104 Intangible assets1,495 5,013 Deferred income2,013 2,576 Deferred interest expense10,663 6,050 Lease liability—corporate offices12,763 12,507 Other9,964 4,487