| Schedule of Quantitative Information of Operating Leases |
Components of lease expense, included within General and administrative in the condensed consolidated statements of operations, for operating leases were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Successor | | | Predecessor | | (in thousands) | Three Months Ended June 30, 2025 | | Period from February 8, 2025 to June 30, 2025 | | | Period from January 1, 2025 to February 7, 2025 | | Three Months Ended June 30, 2024 | | Six Months Ended June 30, 2024 | | | | | | | | | | | | | Operating leases: | | | | | | | | | | | | Operating lease cost | $ | 59,454 | | | $ | 93,474 | | | | $ | 21,714 | | | $ | 36,957 | | | $ | 74,288 | | | Variable lease cost | 2,389 | | | 4,128 | | | | 1,238 | | | 2,823 | | | 5,609 | | | Operating lease expense | 61,843 | | | 97,602 | | | | 22,952 | | | 39,780 | | | 79,897 | | | Short-term lease expense | 7,063 | | | 10,446 | | | | 2,393 | | | 5,633 | | | 11,488 | | | Total lease expense | $ | 68,906 | | | $ | 108,048 | | | | $ | 25,345 | | | $ | 45,413 | | | $ | 91,385 | |
Supplemental cash flow and other information related to operating leases for the three months ended June 30, 2025 (Successor), the three months ended June 30, 2024 (Predecessor), the period from February 8, 2025 to June 30, 2025 (Successor), the period from January 1, 2025 to February 7, 2025 (Predecessor) and the six months ended June 30, 2024 (Predecessor) are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Successor | | | Predecessor | | (in thousands) | Three Months Ended June 30, 2025 | | Period from February 8, 2025 to June 30, 2025 | | | Period from January 1, 2025 to February 7, 2025 | | Three Months Ended June 30, 2024 | | Six Months Ended June 30, 2024 | | Cash paid for amounts included in the lease liability - operating cash flows from operating leases | $ | 62,141 | | | $ | 80,625 | | | | $ | 30,843 | | | $ | 32,956 | | | $ | 64,505 | | | Right of use assets obtained in exchange for operating lease liabilities | $ | 22,977 | | | $ | 22,977 | | | | $ | — | | | $ | 631 | | | $ | 631 | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | Successor | | | Predecessor | | June 30, 2025 | | | December 31, 2024 | | Weighted average remaining lease term | 25.8 years | | | 26.2 years | | Weighted average discount rate | 7.3 | % | | | 8.5 | % |
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| Schedule of Future Minimum Rental Commitments |
As of June 30, 2025 (Successor), future minimum lease payments under noncancellable operating leases are as follows: | | | | | | | | | Successor | | | | (in thousands) | June 30, 2025 | | | | Remaining 2025 | $ | 121,496 | | | | | 2026 | 241,027 | | | | | 2027 | 236,324 | | | | | 2028 | 239,173 | | | | | 2029 | 240,173 | | | | | Thereafter | 4,150,215 | | | | | Total lease payments | 5,228,408 | | | | | Less: present value discount | (3,110,534) | | | | | Lease obligations | $ | 2,117,874 | | | |
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