v3.26.3
Net Income (Loss) Per Class A Common Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Numerator:        
Net income $ 263,845 $ 199,230 $ 460,242 $ 317,169
Net income attributable to non-controlling interests 164,211 132,090 268,635 209,695
Net income attributable to Class A Common Stockholders prior to distributions 99,634 67,140 191,607 107,474
Reallocation of earnings to unvested participating restricted stock units (23,105) (17,841) (56,304) (49,556)
Net income attributable to Class A Common Stockholders - Basic 76,529 49,299 135,303 57,918
Net income (loss) assuming exchange of non-controlling interest 81,858 27,918 87,046 (347)
Net income attributable to Class A Common Stockholders - Diluted $ 158,387 $ 77,217 $ 222,349 $ 57,571
Denominator:        
Weighted-Average Shares of Common Stock Outstanding - Basic (in shares) 171,184,988 150,527,419 165,205,826 133,901,421
Exchange of Common Units to Class A Common Stock (in shares) 214,480,631 227,818,528 219,749,696 238,747,805
Weighted-Average Shares of Common Stock Outstanding - Diluted (in shares) 385,665,619 378,345,947 384,955,522 372,649,226
Net income available to Class A common stock per share        
Basic (in usd per share) $ 0.45 $ 0.33 $ 0.82 $ 0.43
Diluted (in usd per share) 0.41 0.20 0.58 0.15
Dividends declared per share of Class A Common Stock (in usd per share) $ 0.59 $ 0.59 $ 1.79 $ 1.53