Cash, Cash Equivalents and Restricted Cash |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Cash, Cash Equivalents and Restricted Cash [Abstract] | |
| Cash, Cash Equivalents and Restricted Cash | 4. Cash, Cash Equivalents and Restricted Cash Of the total cash, cash equivalents and restricted cash of $625,505 and $311,732 at March 31, 2026 and December 31, 2025, respectively, $585,487 and $294,158 were held at three financial institutions. At March 31, 2026 and December 31, 2025, cash equivalents were approximately $258,450 and $161,063, respectively. Certain of the Company’s subsidiaries are required to maintain a minimum level of regulatory capital, generally satisfied by cash on hand, which was $40,027 and $38,861 at March 31, 2026 and December 31, 2025, respectively. Of these amounts, $11,621 and $11,700, at March 31, 2026 and December 31, 2025, respectively, was restricted cash, which is required to be maintained in a separate account with withdrawal and usage restrictions in compliance with regulatory obligations. |