v3.26.1
Equity (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense
Stock-based compensation expense, included in “Compensation and benefits” expense on the Income Statement, was as follows for the periods presented:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
RSUs
$6,708 $9,236 $14,237 $18,310 
PBRSUs1,258 1,270 2,263 2,117 
Stock-based compensation expense, gross7,966 10,506 16,500 20,427 
Less: Capitalized stock-based compensation expense1,012 1,441 1,972 2,843 
Stock-based compensation expense, net$6,954 $9,065 $14,528 $17,584 
Schedule of RSU Activity
The following table summarizes the Company’s RSU activity:
Number
of Units		Weighted-
Average
Grant Date
Fair Value
Unvested at December 31, 2025
4,278,687 $10.73 
Granted1,979,722 $15.58 
Vested(1,867,714)$9.50 
Forfeited
(510,128)$12.72 
Unvested at June 30, 2026
3,880,567 $13.53 
Schedule of PBRSU Activity
The following table summarizes the Company’s PBRSU activity:
Number
of Units		Weighted-
Average
Grant Date
Fair Value
Unvested at December 31, 2025
1,160,819 $8.86 
Granted641,982 $14.72 
Vested(485,134)$7.62 
Forfeited(43,690)$12.88 
Unvested at June 30, 2026
1,273,977 $12.14