September 30, 2021

June 30, 2021

Entity ⁽¹⁾

Carrying

Value

Ownership

Percentage

Carrying

Value

Ownership

Percentage

(in thousands)

(in thousands)

Company A

$

4,056

7.4

%

$

3,795

7.4

%

Company C

12,036

⁽²⁾

49.0

%

1,940

10.0

%

Company D

11,358

44.9

%

10,499

44.9

%

Company E

233

33.3

%

233

33.3

%

Company F

2,000

50.0

%

2,000

50.0

%

$

29,683

$

18,467

(1)

JMB was previously reported as Company B. In March 2021, we acquired the remaining ownership interest in JMB that we did not previously own and consequently consolidated JMB as a wholly-owned subsidiary.

(2)

On August 27, 2021, the Company increased its ownership interest in Company C from 10% to 49%, for a purchase price of $9.75 million, consisting of $6.75 million in cash and 61,590 shares of the Company’s common stock.  The Company acquired its initial minority investment in January 2019.