v3.26.1
Segments - Income (Loss) by Segment and Reconciliation of Segment EBT (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segments reporting        
Income (loss) before income taxes $ 206,914 $ (15,897) $ 217,597 $ (1,623)
General and administrative expense (36,136) (34,552) (61,894) (56,988)
Gain (loss) on sale of MUD receivables (555) (48,197) (555) (48,197)
Corporate interest expense, net (45,812) (43,694) (87,602) (84,788)
Vantage        
Segments reporting        
General and administrative expense (15,400)   (19,000)  
Vantage income (loss) before income taxes (20,765) 0 (20,765) 0
Operating segments | Operating Assets Segment        
Segments reporting        
Income (loss) before income taxes 31,193 (9,498) 26,281 (7,228)
Operating segments | MPC Segment        
Segments reporting        
Income (loss) before income taxes 134,683 102,412 219,059 165,676
Operating segments | Strategic Developments Segment        
Segments reporting        
Income (loss) before income taxes 126,551 961 119,915 (238)
Corporate        
Segments reporting        
Corporate interest expense, net (22,245) (21,930) (42,551) (44,120)
Corporate income, expenses, and other items $ (5,812) $ (5,093) $ (21,893) $ (10,528)