v3.25.2
Equity-Based Compensation - Recognized and Unrecognized Equity-Based Compensation Expense (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense $ 19,925 $ 20,895 $ 39,798 $ 38,205
Unrecognized, equity-based compensation expense 186,355   186,355  
IPO RSUs and Staking Options | IPO awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 2,415 3,493 5,081 6,506
Unrecognized, equity-based compensation expense 21,830   21,830  
IPO RLUs and Staking Class C Incentive Units | IPO awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 1,986 2,583 3,950 5,131
Unrecognized, equity-based compensation expense 21,901   21,901  
Incremental Restricted Stock and Reload Options | IPO awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 398 909 800 1,863
Unrecognized, equity-based compensation expense 591   591  
Incremental Restricted Common Units and Reload Class C Incentive Units | IPO awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 275 1,153 546 2,432
Unrecognized, equity-based compensation expense 401   401  
Restricted Stock        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Unrecognized, equity-based compensation expense 236   236  
Restricted Stock | Pre-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 158 408 322 835
Unrecognized, equity-based compensation expense 118   118  
Restricted Common Units | Pre-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 49 154 97 362
Unrecognized, equity-based compensation expense 41   41  
Incentive RSUs        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Unrecognized, equity-based compensation expense 70,553   70,553  
Incentive RSUs | Post-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 7,933 7,775 16,767 13,758
Unrecognized, equity-based compensation expense 70,553   70,553  
Incentive RLUs        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Unrecognized, equity-based compensation expense 15,402   15,402  
Incentive RLUs | Post-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 1,863 2,035 3,876 3,613
Unrecognized, equity-based compensation expense 15,402   15,402  
Incentive Options        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Unrecognized, equity-based compensation expense 271   271  
Incentive Options | Post-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 1,145 350 1,958 551
Unrecognized, equity-based compensation expense 271   271  
Class C Incentive Units        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Unrecognized, equity-based compensation expense 4,408   4,408  
Class C Incentive Units | Post-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 445 515 954 1,030
Unrecognized, equity-based compensation expense 4,408   4,408  
PSUs        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Unrecognized, equity-based compensation expense 42,227   42,227  
PSUs | Post-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 2,355 394 3,438 519
Unrecognized, equity-based compensation expense 42,227   42,227  
PLUs        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Unrecognized, equity-based compensation expense 8,612   8,612  
PLUs | Post-IPO incentive awards        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense 612 622 1,218 820
Unrecognized, equity-based compensation expense 8,612   8,612  
Director Stock Grants        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Unrecognized, equity-based compensation expense 0   0  
Director Stock Grants | Other expense        
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]        
Recognized, equity-based compensation expense $ 291 $ 504 $ 791 $ 785