Subsequent Events |
3 Months Ended |
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Mar. 31, 2024 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Subsequent Events The Company has evaluated the impact of events that have occurred subsequent to March 31, 2024, through the date the consolidated financial statements were filed with the SEC. Based on this evaluation the Company has determined that there was one subsequent event that occurred:
On May 3, 2024, the Company sold its subsidiary Dagley Insurance Agency for $15.0 million, in cash, subject to certain purchase price adjustments, consisting of (i) $8.0 million in cash paid at closing, (ii) $4.0 million in cash paid on the first anniversary of the closing date, and (iii) $3.0 million in cash paid on the second anniversary of the closing date.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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