v3.26.3
Earnings Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Net income available to Class A Common Stockholders        
Net income $ 36,269 $ 46,171 $ 31,565 $ 120,666
Net income attributable to non-controlling interest (26,058) (25,323) (25,565) (80,474)
Accretion of Series A Convertible Preferred Stock (1,826) (1,903) (5,804) (5,653)
Class A Common Stock        
Basic Earnings per Share        
Net income available to Class A Common Stockholders $ 8,385 $ 17,696 $ 188 $ 32,174
Weighted average shares of Class A Common Stock outstanding, Basic (in shares) 106,097 96,167 102,995 92,326
Basic earnings (in dollars per share) $ 0.08 $ 0.18 $ 0.00 $ 0.35
Diluted Earnings per Share        
Net income available to Class A Common Stockholders $ 8,513 $ 39,408 $ 188 $ 100,699
Weighted average shares of Class A Common Stock outstanding (in shares) 107,800 347,240 102,995 346,672
Diluted earnings (in dollars per share) $ 0.08 $ 0.11 $ 0.00 $ 0.29
Net income available to Class A Common Stockholders        
Net income     $ 31,565 $ 120,666
Net income attributable to non-controlling interest $ (26,058) $ (25,323) (25,565) (80,474)
Accretion of Series A Convertible Preferred Stock (1,826) (1,903) (5,804) (5,653)
Undistributed earnings allocated to Series A Convertible Preferred Stock 0 (1,249) (8) (2,365)
Net income available to Class A Common Stockholders, Basic 8,385 17,696 188 32,174
Undistributed earnings reallocated to Series A Convertible Preferred Stock 0 479 0 394
Adjustment for potentially dilutive THG units 0 21,146 0 68,059
Adjustment for potentially dilutive Series A Convertible Preferred Stock 0 0 0 0
Adjustment for potentially dilutive share-based compensation awards 128 87 0 72
Net income available to Class A Common Stockholders, Diluted $ 8,513 $ 39,408 $ 188 $ 100,699
Weighted Average Shares of Class A Common Stock Outstanding        
Weighted average shares of Class A Common Stock outstanding, Basic (in shares) 106,097 96,167 102,995 92,326
Adjustment for potentially dilutive THG units (in shares) 0 249,870 0 253,363
Adjustment for potentially dilutive Series A Convertible Preferred Stock ( in shares) 0 0 0 0
Adjustment for potentially dilutive share-based compensation awards (in shares) 1,703 1,203 0 983
Weighted average shares of Class A Common Stock outstanding, Diluted (in shares) 107,800 347,240 102,995 346,672