v3.26.1
Related Party Transactions - Narrative (Details) - USD ($)
$ in Thousands
3 Months Ended 4 Months Ended 6 Months Ended 10 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Oct. 31, 2023
Dec. 31, 2025
Dec. 31, 2024
Jun. 30, 2024
Jun. 30, 2025
Related Party Transaction [Line Items]              
Operating lease right of use assets $ 113,450     $ 113,450   $ 18,344 $ 117,769
Operating lease liabilities 125,306     125,306   18,218 128,370
Accrued expenses 106,132     106,132   35,060 79,541
Revenues 296,404 $ 175,338 $ 64,478 579,678 $ 329,351 181,310 753,188
Receivables 251,017     251,017   81,253 159,970
Incurred expenses 81,666 44,810   148,455 88,654    
Outstanding payables 72,542     72,542   26,760 61,943
Consulting services     200        
Related Party | Operating Leases              
Related Party Transaction [Line Items]              
Rent expenses 700 800 $ 400 1,500 1,500 1,600 2,900
Operating lease right of use assets 4,300     4,300   5,500 4,700
Operating lease liabilities 4,400     4,400   5,500 4,700
Related Party | Sponsor Fees and Expenses              
Related Party Transaction [Line Items]              
Sponsor fees and expenses 10,500 2,700   17,100 4,400 2,400 15,200
Accrued expenses 13,000     13,000     11,000
Accrued expenses           100 11,100
Related Party | Revenue from Related Parties              
Related Party Transaction [Line Items]              
Revenues   500   500 600 100 600
Receivables 100     100   $ 100 300
Related Party | Expenses from Related Parties              
Related Party Transaction [Line Items]              
Incurred expenses 1,100 $ 100   1,300 $ 100   1,100
Outstanding payables $ 300     $ 300     $ 0