10-Q Filing

ONEWATER MARINE INC. CIK: 1772921 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001140361-21-004236`
Period End Date	20201231
Filing Date	20210211
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	onew-20201231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 32 Cash Flow Statement 84 Stockholders Equity 31

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash	`Cash`	$25.95M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash	`Cash`	$66.09M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$3.98M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$2.07M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$18.48M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$14.50M	USD	Point-in-time
Inventories	`InventoryNet`	$150.12M	USD	Point-in-time
Inventories	`InventoryNet`	$196.11M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$13.31M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$253.86M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$252.06M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$62.83M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$18.44M	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$350.00K	USD	Point-in-time
Deposits	`DepositsAssetsNoncurrent`	$392.00K	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$12.85M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$14.69M	USD	Point-in-time
Identifiable intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$61.30M	USD	Point-in-time
Identifiable intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$74.00M	USD	Point-in-time
Goodwill	`Goodwill`	$146.56M	USD	Point-in-time
Goodwill	`Goodwill`	$113.06M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$235.65M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$187.57M	USD	Point-in-time
Total assets	`Assets`	$552.34M	USD	Point-in-time
Total assets	`Assets`	$458.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.54M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$12.78M	USD	Point-in-time
Other payables and accrued expenses	`OtherAccountsPayableAndAccruedLiabilities`	$24.22M	USD	Point-in-time
Other payables and accrued expenses	`OtherAccountsPayableAndAccruedLiabilities`	$17.88M	USD	Point-in-time
Customer deposits	`ContractWithCustomerRefundLiabilityCurrent`	$17.28M	USD	Point-in-time
Customer deposits	`ContractWithCustomerRefundLiabilityCurrent`	$23.39M	USD	Point-in-time
Notes payable - floor plan	`NotePayableFloorPlan`	$124.03M	USD	Point-in-time
Notes payable - floor plan	`NotePayableFloorPlan`	$170.32M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$7.42M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$10.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$232.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$185.74M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.22M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.48M	USD	Point-in-time
Tax receivable agreement liability	`TaxReceivableAgreementLiability`	$17.56M	USD	Point-in-time
Tax receivable agreement liability	`TaxReceivableAgreementLiability`	$15.59M	USD	Point-in-time
Long-term debt, net of current portion and unamortized debt issuance costs	`LongTermDebtNoncurrent`	$111.47M	USD	Point-in-time
Long-term debt, net of current portion and unamortized debt issuance costs	`LongTermDebtNoncurrent`	$81.98M	USD	Point-in-time
Total liabilities	`Liabilities`	$367.85M	USD	Point-in-time
Total liabilities	`Liabilities`	$284.78M	USD	Point-in-time
Preferred stock, $0.01 par value, 1,000,000 shares authorized, none issued and outstanding as of December 31, 2020 and September 30, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 1,000,000 shares authorized, none issued and outstanding as of December 31, 2020 and September 30, 2020	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$111.86M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$105.95M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$24.55M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.76M	USD	Point-in-time
Total stockholders' equity attributable to OneWater Marine Inc.	`StockholdersEquity`	$136.55M	USD	Point-in-time
Total stockholders' equity attributable to OneWater Marine Inc.	`StockholdersEquity`	$122.85M	USD	Point-in-time
Equity attributable to non-controlling interests	`MembersEquityAttributableToNoncontrollingInterest`	$50.43M	USD	Point-in-time
Equity attributable to non-controlling interests	`MembersEquityAttributableToNoncontrollingInterest`	$47.93M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$173.29M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$184.48M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$33.67M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$37.97M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$552.34M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$458.07M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$153.70M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$214.08M	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$121.51M	USD	1 Quarter
Total cost of sales	`CostOfRevenue`	$161.65M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$28.30M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$34.86M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$963.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$760.00K	USD	1 Quarter
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$437.00K	USD	1 Quarter
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$200.00K	USD	1 Quarter
Loss on contingent consideration	`LossGainOnContingentConsideration`	$377.00K	USD	1 Quarter
Loss on contingent consideration	`LossGainOnContingentConsideration`	-	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$16.04M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.69M	USD	1 Quarter
Interest expense - floor plan	`FloorplanInterestExpense`	$2.66M	USD	1 Quarter
Interest expense - floor plan	`FloorplanInterestExpense`	$920.00K	USD	1 Quarter
Interest expense - other	`InterestExpenseDebt`	$924.00K	USD	1 Quarter
Interest expense - other	`InterestExpenseDebt`	$1.85M	USD	1 Quarter
Change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Change in fair value of warrant liability	`FairValueAdjustmentOfWarrants`	$-771.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$94.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-13.00K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-1.75M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-3.75M	USD	1 Quarter
Income (loss) before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.07M	USD	1 Quarter
Income (loss) before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.29M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.51M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.07M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$11.78M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$247.00K	USD	1 Quarter
Net (loss) income attributable to One Water Marine Holdings, LLC	`NetIncomeLoss`	$7.79M	USD	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-1.07M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$11.78M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$963.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$760.00K	USD	1 Quarter
Equity-based awards	`ShareBasedCompensation`	$39.00K	USD	1 Quarter
Equity-based awards	`ShareBasedCompensation`	$1.08M	USD	1 Quarter
Gain on asset disposals	`GainLossOnDispositionOfAssets1`	$143.00K	USD	1 Quarter
Gain on asset disposals	`GainLossOnDispositionOfAssets1`	$102.00K	USD	1 Quarter
Change in fair value of long-term warrant liability	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Change in fair value of long-term warrant liability	`FairValueAdjustmentOfWarrants`	$-771.00K	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$1.72M	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$191.00K	USD	1 Quarter
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$-94.00K	USD	1 Quarter
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Payment of acquisition contingent consideration	`PaymentForContingentConsiderationLiabilityOperatingActivities`	-	USD	1 Quarter
Payment of acquisition contingent consideration	`PaymentForContingentConsiderationLiabilityOperatingActivities`	$5.52M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.72M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.09M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$40.58M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$36.50M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-70.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.01M	USD	1 Quarter
Deposits	`IncreaseDecreaseInDepositOtherAssets`	-	USD	1 Quarter
Deposits	`IncreaseDecreaseInDepositOtherAssets`	$42.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$64.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.80M	USD	1 Quarter
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-1.47M	USD	1 Quarter
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-4.36M	USD	1 Quarter
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$4.77M	USD	1 Quarter
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$2.85M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-28.72M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-28.61M	USD	1 Quarter
Purchases of property and equipment and construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.42M	USD	1 Quarter
Purchases of property and equipment and construction in progress	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.00M	USD	1 Quarter
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$91.00K	USD	1 Quarter
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$235.00K	USD	1 Quarter
Cash used in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Cash used in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$77.63M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.76M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-79.96M	USD	1 Quarter
Net borrowings from floor plan	`NetPaymentsBorrowingsFromFloorplan`	$42.27M	USD	1 Quarter
Net borrowings from floor plan	`NetPaymentsBorrowingsFromFloorplan`	$39.10M	USD	1 Quarter
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$30.00M	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$211.00K	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$2.50M	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$79.00K	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$252.00K	USD	1 Quarter
Payments of initial public offering costs	`PaymentsOfStockIssuanceCosts`	$3.55M	USD	1 Quarter
Payments of initial public offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	1 Quarter
Payments of september offering costs	`PaymentsOfOfferingCosts`	-	USD	1 Quarter
Payments of september offering costs	`PaymentsOfOfferingCosts`	$540.00K	USD	1 Quarter
Payment of acquisition contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.04M	USD	1 Quarter
Payment of acquisition contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	1 Quarter
Distributions to redeemable preferred interest members	`DistributionsToRedeemablePreferredInterestMembers`	$1.31M	USD	1 Quarter
Distributions to redeemable preferred interest members	`DistributionsToRedeemablePreferredInterestMembers`	-	USD	1 Quarter
Distributions to members	`PaymentsOfCapitalDistribution`	$905.00K	USD	1 Quarter
Distributions to members	`PaymentsOfCapitalDistribution`	$921.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$29.70M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$70.36M	USD	1 Quarter
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-781.00K	USD	1 Quarter
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-38.22M	USD	1 Quarter
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.71M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.94M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.49M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.15M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.71M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.94M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.49M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.15M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$2.79M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$1.65M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$6.61M	USD	1 Quarter
Acquisition purchase price funded by seller notes payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	-	USD	1 Quarter
Acquisition purchase price funded by seller notes payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$2.06M	USD	1 Quarter
Acquisition purchase price funded by contingent consideration	`NoncashOrPartNoncashAcquisitionPurchasePriceFundedByContingentConsideration`	-	USD	1 Quarter
Acquisition purchase price funded by contingent consideration	`NoncashOrPartNoncashAcquisitionPurchasePriceFundedByContingentConsideration`	$4.77M	USD	1 Quarter
Accrued purchase consideration	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$3.72M	USD	1 Quarter
Accrued purchase consideration	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	-	USD	1 Quarter
Purchase of property and equipment funded by long-term debt	`CapitalExpendituresIncurredButNotYetPaid`	$833.00K	USD	1 Quarter
Purchase of property and equipment funded by long-term debt	`CapitalExpendituresIncurredButNotYetPaid`	$419.00K	USD	1 Quarter
Distributions, declared not yet paid	`DistributionsDeclaredNotYetPaid`	$414.00K	USD	1 Quarter
Distributions, declared not yet paid	`DistributionsDeclaredNotYetPaid`	-	USD	1 Quarter

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Beginning balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$86.02M	USD	Point-in-time
Beginning balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$87.05M	USD	Point-in-time
Beginning balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Distributions to members	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid`	$1.31M	USD	1 Quarter
Distributions to members	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid`	-	USD	1 Quarter
Accumulated unpaid preferred returns	`TemporaryEquityAccretionOfDividends`	$2.18M	USD	1 Quarter
Accretion of redeemable preferred and issuance costs	`TemporaryEquityAccretionToRedemptionValue`	$162.00K	USD	1 Quarter
Ending balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Ending balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$86.02M	USD	Point-in-time
Ending balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	$87.05M	USD	Point-in-time
Ending balance	`RedeemableNoncontrollingInterestEquityPreferredCarryingAmount`	-	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$173.29M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$184.48M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$33.67M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$37.97M	USD	Point-in-time
Net (loss) income	`ProfitLoss`	$-1.07M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$11.78M	USD	1 Quarter
Distributions to members	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.32M	USD	1 Quarter
Distributions to members	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$921.00K	USD	1 Quarter
Accumulated unpaid preferred returns	`AccumulatedUnpaidPreferredReturns`	$2.18M	USD	1 Quarter
Accretion of redeemable preferred and issuance costs	`AccretionOfRedeemablePreferredAndIssuanceCosts`	$162.00K	USD	1 Quarter
Effect of September offering, including underwriter exercise of option to purchase shares	`EffectOfOfferingIncludingUnderwriterExerciseOfOptionToPurchaseSharesValue`	$-110.00K	USD	1 Quarter
Exchange of B shares for A shares	`StockIssuedDuringPeriodValueConversionOfUnits`	-	USD	1 Quarter
Establishment of liabilities under tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$228.00K	USD	1 Quarter
Equity-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$39.00K	USD	1 Quarter
Equity-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.08M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$173.29M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$184.48M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$33.67M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$37.97M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.