v3.26.1
SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS SUBSEQUENT EVENTS
Preferred Unit Distributions
    A distribution of $0.414063 per Series A preferred unit was paid on March 16, 2026 to Series A preferred unitholders of record at the close of business on March 1, 2026.
    A distribution of $0.409375 per Series B preferred unit was paid on March 16, 2026 to Series B preferred unitholders of record at the close of business on March 1, 2026.
Oaktree/Brookfield Transaction
On October 13, 2025, Oaktree and Brookfield announced that they have agreed on a proposed transaction whereby Brookfield will acquire the approximately 26% interest in Oaktree that it does not already own such that, upon completion of the proposed transaction, Brookfield will own 100% of Oaktree (such transaction, the “Remaining Interest Acquisition”). Subsequent to the Remaining Interest Acquisition, Brookfield will have 100% economic and voting interests in Oaktree and BOH. The Remaining Interest Acquisition is expected to close in the first half of 2026, subject to regulatory approvals and customary closing conditions. The terms of the Remaining Interest Acquisition will not affect the terms of the Company’s outstanding 6.625% Series A preferred units and 6.550% Series B preferred units.