TAX RECEIVABLE AGREEMENT |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Other Liabilities Disclosure [Abstract] | |
| TAX RECEIVABLE AGREEMENT | TAX RECEIVABLE AGREEMENT The Company is a party to a TRA with all of the holders of Class A Common Units of the Operating Company, all the holders of Class A units of the San Francisco Venture, and prior holders of Class A Common Units of the Operating Company and prior holders of Class A units of the San Francisco Venture that have exchanged their holdings for Class A common shares (as parties to the TRA, the “TRA Parties”). At June 30, 2026 and December 31, 2025, the Company’s condensed consolidated balance sheets included liabilities of $181.5 million and $181.5 million, respectively, for payments expected to be made under certain components of the TRA which the Company deems to be probable and estimable. TRA payments totaling $0.7 million were made during the six months ended June 30, 2026. No TRA payments were made during the six months ended June 30, 2025. |